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 ...

Core Insights - Zacks Premium provides tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, research reports, and stock screens [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - Stocks are rated from A to F based on value, growth, and momentum characteristics, with A being the highest score indicating better chances of outperforming [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5] Value Score - Focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - Evaluates a company's financial health and future growth potential by analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - Targets stocks with upward or downward price trends, utilizing factors like one-week price changes and monthly earnings estimate changes to identify optimal buying times [4] VGM Score - Combines the three Style Scores to provide a comprehensive rating, helping investors find stocks with attractive value, growth forecasts, and promising momentum [5] Zacks Rank Integration - The Zacks Rank leverages earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks historically yielding an average annual return of +25.41% since 1988 [6][7] - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [9] Stock Highlight: Steven Madden (SHOO) - Steven Madden operates in the fashion footwear and accessories market, with a Zacks Rank of 2 (Buy) and a VGM Score of A [11] - The company has a Momentum Style Score of B, with shares increasing by 5% over the past four weeks, and an upward revision in earnings estimates for fiscal 2024 [11][12]

Core Insights - Steven Madden, Ltd. (SHOO) has shown strong upward momentum, trading above its 200-day and 50-day simple moving averages, indicating positive market sentiment and investor confidence in its financial health and growth prospects [1][11] - The company's shares have increased by 53.5% over the past year, significantly outperforming the Zacks Shoes and Retail Apparel industry's decline of 13.2% [2] - SHOO is approaching its 52-week high of $50.01, reflecting strong investor confidence and market optimism [3] Growth Strategy - The company has pursued a multi-faceted growth strategy focusing on diversification and expansion, particularly through its direct-to-consumer (DTC) model and international markets [3][7] - SHOO has expanded beyond footwear into handbags and apparel, enhancing its digital capabilities, which contributed to significant revenue increases in these categories [4] - The wholesale division reported a 22.5% year-over-year revenue increase to $385.3 million in Q2 2024, with a notable 86% surge in wholesale accessories and apparel revenues [5] Financial Performance - The DTC segment saw a 6.4% year-over-year revenue increase to $136.4 million, with comparable DTC sales growing by 4.1% [6] - International revenues rose by 13% year-over-year in Q2, with expectations for EMEA revenues to grow by over 20% in 2024 [7][9] - As of June 30, 2024, the company reported $180.5 million in cash and equivalents, with no outstanding debt, indicating strong financial stability [8][12] Future Outlook - The company anticipates a year-over-year revenue rise of 11-13% for 2024, with adjusted earnings per share projected between $2.55 and $2.65, up from $2.30 in 2023 [9] - SHOO's stock is trading at a forward 12-month price-to-sales ratio of 1.55, below the industry average of 2.21, presenting an attractive investment opportunity [10][12]

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 ...

Steven Madden, Ltd. (SHOO) is currently trading at a notably low price-to-earnings (P/E) multiple, which is below the Zacks Shoes and Retail Apparel industry and broader Consumer Discretionary averages. SHOO's forward 12-month P/E ratio is 16.20, lower than the industry average of 21.78 and the sector average of 17.27. The stock is undervalued compared with its industry peers, thereby offering compelling value to investors looking for exposure to the retail apparel sector. Furthermore, SHOO's Value Score of ...

1 n t i 1 t ablokhin Steven Madden, Ltd. (NASDAQ:SHOO), the shoe company operating under the Steve Madden, Dolce Vita, and other brands, reported the company's Q2 results in July. More recently, in August, the company also announced business transactions with UCG, where Steven Madden sells its GREATS business but becomes a shareholder of UCG. In my previous article on the stock, "Steven Madden: Growing Profitably With Increased Marketing And 2023 Acquisition," I initiated Steven Madden at a Hold rating as t ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Steven Madden (SHOO) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. Steven Madden is one of 280 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #10 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in o ...

Core Viewpoint - Steven Madden reported better-than-expected Q2 2024 earnings and revenues, surpassing estimates and showing year-over-year growth [2][3]. Financial Performance - Adjusted quarterly earnings were 57 cents per share, beating the Zacks Consensus Estimate of 51 cents, and increased by 21.3% from 47 cents in the prior year [3]. - Total revenues rose 17.6% year over year to $523.6 million, exceeding the consensus estimate of $507 million [3]. - Adjusted gross profit increased 14.4% year over year to $217.3 million, with an adjusted gross margin contracting by 110 basis points to 41.5% [4]. - Adjusted operating expenses rose 12% year over year to $162.8 million, but as a percentage of revenues, they declined by 150 basis points to 31.1% [5]. - Adjusted operating income was $54.5 million, up 22.4% from the same quarter a year ago, with an adjusted operating margin increasing by 40 basis points to 10.4% [5]. Segment Performance - Wholesale revenues improved by 22.5% year over year to $385.3 million, with wholesale accessories/apparel revenues growing by 86% [6]. - Direct-to-consumer (DTC) revenues increased by 6.4% year over year to $136.4 million [6]. Company Outlook - For 2024, the company anticipates an 11-13% increase in revenues compared to 2023, with adjusted earnings projected at $2.55-$2.65 per share [9]. - The company ended Q2 with cash and cash equivalents of $180.5 million and stockholders' equity of $808.3 million [8]. Market Position - Steven Madden has a Zacks Rank 2 (Buy) and an aggregate VGM Score of B, indicating potential for above-average returns in the coming months [12][11].

Core Insights - Steven Madden, Ltd. (SHOO) has seen a significant stock price increase of 31.1% over the past year, outperforming the Zacks Shoes and Retail Apparel industry's decline of 11.9% [1] - The company's strategic focus on direct-to-consumer growth, digital capabilities, and product diversification has contributed to its success, with a notable revenue increase in various segments [5][6] Financial Performance - The wholesale business reported a 22.5% year-over-year revenue increase to $385.3 million in the second quarter, with wholesale accessories and apparel revenues surging by 86% [6] - The direct-to-consumer segment also showed resilience, with revenues growing 6.4% year over year to $136.4 million, driven by strong product assortments and disciplined inventory management [7] - International revenues grew 13% year over year in the second quarter, with expectations for EMEA revenues to grow more than 20% in 2024 [8] Valuation and Technical Indicators - Steven Madden's shares are trading at a forward 12-month price-to-sales ratio of 1.39, below the five-year median of 1.41 and the industry's average of 2.23, indicating attractive valuation [4] - The stock is trading above both its 50-day and 100-day moving averages, suggesting strong upward momentum and price stability [3] Strategic Initiatives - The acquisition of Almost Famous has enhanced the company's apparel offerings, contributing to its growth trajectory [5] - The company is focused on expanding its international footprint, viewing it as a critical long-term growth opportunity [8] Future Outlook - The company anticipates 2024 revenues to increase in the range of 11-13% from 2023, with adjusted earnings per share projected between $2.55 and $2.65 [11] - Analysts project 2024 sales and EPS at $2.22 billion and $2.62, respectively, indicating year-over-year growth of 12.3% and 6.9% [12]

Core Insights - Unified Commerce Group (UCG) has expanded its portfolio by acquiring substantially all assets of GREATS Inc., a premium sneaker brand, and making a strategic investment in Utah-based womenswear retailer Böhme [1][3][4] Company Overview - Unified Commerce Group was founded in 2019 to enable purpose-driven lifestyle brands to scale through shared services, focusing on data-driven customer insights and operational excellence [2][6] - GREATS is recognized as a pioneer in the direct-to-consumer footwear model and is known for its high-quality, fashionable sneakers [4][5] - Böhme, founded in 2006, has become a popular womenswear retailer in the Mountain West with 14 stores across several states and a successful online presence [7] Strategic Implications - The acquisition of GREATS marks the third brand in UCG's portfolio, joining Frank And Oak and Spiritual Gangster, enhancing UCG's operational support and strategic capabilities [2][4] - UCG's shared services platform, UCG Hub, now supports four brands, each with growing direct-to-consumer eCommerce businesses and a combined footprint of over 30 retail stores and more than 200 wholesale partners [4]