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Shoe Station Group Q2 2026 Earnings: Promotions Drive a 690-Basis-Point Gross Margin Decline

2+ hour, 42+ min ago   (373+ words) Comparable-store sales declined 7.1%, with both retail banners reporting lower revenue. Gross profit fell considerably faster than sales because of heavier promotional activity, clearance of aged and excess inventory, and a difficult comparison with a prior-year pricing benefit. SG&A declined…...