Steven Madden (SHOO) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.25%. A quarter ago, it was expected that this footwear and accessories retailer would post earnings of $0.51 per share when it actually produced earnings of $0.57, delivering a surprise of 11.76%.Over the last four ...

Exhibit 99.1 Steve Madden Announces Third Quarter 2024 Results LONG ISLAND CITY, N.Y., November 7, 2024 – Steven Madden, Ltd. (Nasdaq: SHOO), a leading designer and marketer of fashionforward footwear, accessories and apparel, today announced financial results for the third quarter ended September 30, 2024. Amounts referred to as "Adjusted" are non-GAAP measures that exclude the items defined as "Non-GAAP Adjustments" in the "Non-GAAP Reconciliation" section. Third Quarter 2024 Results ● Revenue increased 1 ...

LONG ISLAND CITY, N.Y., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Steven Madden, Ltd. (Nasdaq: SHOO), a leading designer and marketer of fashion-forward footwear, accessories and apparel, today announced financial results for the third quarter ended September 30, 2024. Amounts referred to as “Adjusted” are non-GAAP measures that exclude the items defined as “Non-GAAP Adjustments” in the “Non-GAAP Reconciliation” section. Third Quarter 2024 Results Revenue increased 13.0% to $624.7 million, compared to $552.7 milli ...

Wall Street analysts forecast that Steven Madden (SHOO) will report quarterly earnings of $0.89 per share in its upcoming release, pointing to a year-over-year increase of 1.1%. It is anticipated that revenues will amount to $606.83 million, exhibiting an increase of 9.8% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this t ...

We expect Steven Madden, Ltd. (SHOO) to report a year-over-year increase in its top line when it releases third-quarter 2024 earnings on Nov. 7, before market open. Investors are closely monitoring for insights into the company's performance and strategic direction. The company has effectively established a niche in the competitive footwear market by emphasizing trendy, fashion-forward designs that attract a wide consumer base. The Zacks Consensus Estimate for third-quarter revenues is $606.8 million, which ...

Steven Madden, Ltd. (SHOO) has demonstrated strong upward momentum, trading above its 200 and 100-day simple moving averages (SMA). SMA is a key indicator of price stability and long-term bullish trends. SHOO ended yesterday’s trading session at $45.89, above its 200 and 100-day SMA of $43 and $44.72, respectively, highlighting a continued uptrend. This technical strength, along with sustained momentum, reflects positive market sentiment and investor’s confidence in SHOO's financial health and growth prospe ...

Steven Madden, Ltd. (SHOO) is trading at a notable low price-to-earnings (P/E) multiple, which is below the Zacks Shoes and Retail Apparel industry and the broader Consumer Discretionary sector's averages. SHOO's forward 12-month P/E ratio is 17.05, lower than the industry's and the sector's ratios of 26.97 and 19.05, respectively. This stock is undervalued than its industry peers, offering compelling value to investors looking for exposure to the sector. SHOO's Value Score of A underscores its appeal as an ...

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Steven Madden, Ltd. (SHOO) has demonstrated strong upward momentum, trading above its 200-day and 50- day simple moving averages (SMA). SMA is a key indicator of price stability and long-term bullish trends. SHOO closed Friday's trading session at $49.35, ahead of its 200-day and 50-day SMA of $42.57 and $44.96, respectively. This technical strength, along with sustained momentum, reflects positive market sentiment and investor confidence in SHOO's financial health and growth prospects. Image Source: Zacks ...

Have you been paying attention to shares of Steven Madden (SHOO) ? Shares have been on the move with the stock up 6.4% over the past month. The stock hit a new 52-week high of $48.59 in the previous session. Steven Madden has gained 13% since the start of the year compared to the 0.8% move for the Zacks Consumer Discretionary sector and the -21.2% return for the Zacks Shoes and Retail Apparel industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as i ...