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Shoe Station Group (SHOE) Q1 FY27 earnings results (first quarter fiscal 2027)

10-Q filed Jun 5, 2026

Shoe Station Group (SHOE) reported revenue of $271M for the first quarter fiscal 2027 (Q1 FY27), -3% from a year earlier and +7% from the quarter before. Operating margin was -2.2%, net loss $5.6M (2.1% of revenue).

Revenue$271M
Year over year-3%
Quarter over quarter+7%
Operating margin-2.2%
Net earnings−$5.6M

Shoe Station Group, Q1 FY27: revenue $271M (-2% year over year), operating margin -2.2%, net loss $5.6M, operating cash flow $23.1M. The chart follows the revenue to costs, profit and cash.

Q1 FY27AmountQ/QY/Y
Revenue$271M+7%-3%
Operating profit−$6.0M-155%-150%
Net earnings−$5.6M-162%-160%
Operating cash flow$23.1M-32%—
Free cash flow$12.6M-54%—

What changed

Revenue was $270.7M in Q1 FY27, down 3% year over year and up 7% from the previous quarter.

Gross margin was 33.3%, down 1.2 points from Q1 FY26. Operating costs exceeded revenue by $6.0M, an operating margin of -2.2%. Operating expenses grew 15% against a revenue fall of 3%. The quarter ended with a net loss of $5.6M, after a profit of $9.1M the previous quarter.

Operating cash flow was $23.1M. Non-cash charges added back $9.0M of depreciation and amortization and $3.4M of share-based compensation. Working capital and other items added $16.3M. Capital expenditures of $10.4M left free cash flow of $12.6M.

Questions

What was Shoe Station Group's revenue in the first quarter fiscal 2027?

Shoe Station Group (SHOE) reported revenue of $271M for the first quarter fiscal 2027 (Q1 FY27), -3% from a year earlier and +7% from the quarter before.

Was Shoe Station Group profitable in the first quarter fiscal 2027?

Operating loss was $6.0M (-2.2% of revenue) and net loss $5.6M.

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Source: Shoe Station Group 10-Q on SEC EDGAR.