Shoe Station Group, Inc. (NASDAQ:SHOE) stock fell Thursday after the footwear retailer reported second-quarter 2026 results that missed Wall Street earnings and sales expectations and cut its full-year outlook.

Adjusted EPS of 22 cents missed the 32-cent estimate.

Sales fell to $284.31 million from $306.4 million a year earlier and missed the $299.19 million estimate.

Comparable-store sales declined 7.1%.

The company changed its name from Shoe Carnival, Inc. to Shoe Station Group, Inc. on June 12.