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Steven Madden(SHOO) - 2024 Q3 - Quarterly Report
2024-11-08 21:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________________ to _____________________ Commission File Number: 0-23702 STEVEN MADDEN, LTD. (Exact name of registrant as specified in its charter) Delaware 13- ...
Steven Madden Posts Q3 Earnings Beat, Raises FY24 Guidance
ZACKS· 2024-11-08 20:05
Steven Madden, Ltd. (SHOO) reported solid third-quarter 2024 results, wherein both top and bottom lines beat the Zacks Consensus Estimate and increased year over year. This performance was driven by outstanding growth in accessories and apparel, highlighted by another stellar quarter for Steve Madden handbags and a substantial boost from the newly acquired Almost Famous. Strong top-line gains in international markets and direct-to-consumer channels underscore effective strategic execution. This momentum has ...
Steven Madden to slash sourcing from China on tariff worries under Trump
New York Post· 2024-11-07 23:57
Steven Madden executives said Thursday the shoe maker was working quickly to shift product sourcing out of China to other countries after Donald Trump's presidential election victory. In February, Trump said if he came to power, he would impose tariffs on China again, which could exceed 60%, putting a lot of strain on retail companies that heavily rely on imports from the region. Steven Madden executives said on a post earnings call the company had already been working on the potential scenario that would l ...
Steve Madden to slash China sourcing by as much as 45% as Trump's tariff plan looms
CNBC· 2024-11-07 16:28
Steve Madden said Thursday that it will slash the goods it imports from China by as much as 45% over the next year as it braces for President-elect Donald Trump to carry out his pledge for steep tariffs on imports from other countries.On an earnings call, CEO Edward Rosenfeld said the shoe brand has been "planning for a potential scenario in which we would have to move goods out of China more quickly." Over the past few years, he said, it's looked for factories in other countries, including Cambodia, Vietna ...
Compared to Estimates, Steven Madden (SHOO) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-11-07 15:35
For the quarter ended September 2024, Steven Madden (SHOO) reported revenue of $624.68 million, up 13% over the same period last year. EPS came in at $0.91, compared to $0.88 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $606.83 million, representing a surprise of +2.94%. The company delivered an EPS surprise of +2.25%, with the consensus EPS estimate being $0.89.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall S ...
Steven Madden (SHOO) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-07 14:21
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 ...
Steven Madden(SHOO) - 2024 Q3 - Quarterly Results
2024-11-07 12:00
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 ...
Steve Madden Announces Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-07 11:59
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 ...
Ahead of Steven Madden (SHOO) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
ZACKS· 2024-11-06 15:20
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 ...
Should You Consider Adding Steve Madden Stock Before Q3 Earnings?
ZACKS· 2024-10-30 14:56
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 ...