Filing Flows › Shoe Station Group (SHOE) › Q2 FY26
Shoe Station Group (SHOE) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Sep 5, 2025
Shoe Station Group (SHOE) reported revenue of $306M for the second quarter fiscal 2026 (Q2 FY26), -8% from a year earlier and +10% from the quarter before. Operating margin was 8.2%, net earnings $19.2M (6.3% of revenue).
Shoe Station Group, Q2 FY26: revenue $306M (-8% year over year), operating margin 8.2%, net earnings $19.2M, operating cash flow $13.3M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $306M | +10% | -8% |
| Gross profit | $119M | +24% | -0.9% |
| Operating profit | $25.2M | +111% | -16% |
| Net earnings | $19.2M | +106% | -15% |
| Operating cash flow | $13.3M | — | -44% |
| Free cash flow | $2.2M | — | -88% |
What changed
Revenue was $306.4M in Q2 FY26, down 8% year over year and up 10% from the previous quarter.
Gross margin was 38.8%, up 2.7 points from a year earlier. Operating profit was $25.2M, a 8.2% margin (down 0.8 points year over year). Operating expenses grew 4% against a revenue fall of 8%. Net earnings were $19.2M, down 15% year over year. The effective tax rate was 25.9%.
Operating cash flow was $13.3M (down 44% year over year), 69% of net earnings. Non-cash charges added back $8.4M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items used $16.5M. Capital expenditures of $11.1M left free cash flow of $2.2M.
Questions
What was Shoe Station Group's revenue in the second quarter fiscal 2026?
Shoe Station Group (SHOE) reported revenue of $306M for the second quarter fiscal 2026 (Q2 FY26), -8% from a year earlier and +10% from the quarter before.
Was Shoe Station Group profitable in the second quarter fiscal 2026?
Operating profit was $25.2M (8.2% of revenue) and net earnings $19.2M.
Source: Shoe Station Group 10-Q on SEC EDGAR.