Shoe Zone said it now expects an adjusted full-year loss before tax of no more than £1.0 million, an improvement on the £1.0 million to £2.0 million range it guided on 22 April.
The footwear retailer said sales over May and June ran ahead of market expectations, helped by a warehouse closing down sale and favourable weather during the half-term holiday.
The stronger trading has also improved Shoe Zone's cash position, with the board continuing to monitor cash management and deployment.
The improved guidance covers the financial year ending 3 October, and excludes foreign exchange gains and losses.
