Steven Madden(SHOO)

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Steven Madden(SHOO) - 2024 Q1 - Quarterly Report
2024-05-02 18:55
PART I – FINANCIAL INFORMATION [Item 1. Condensed Consolidated Financial Statements (Unaudited)](index=3&type=section&id=Item%201.%20Condensed%20Consolidated%20Financial%20Statements%20(Unaudited)) This section presents the unaudited condensed consolidated financial statements and detailed notes for the period ended March 31, 2024, covering key financial positions, performance, and cash flows [Condensed Consolidated Balance Sheets](index=3&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) As of March 31, 2024, total assets decreased slightly to **$1.304 billion**, driven by reduced cash, while liabilities also declined and equity remained stable Key Balance Sheet Items (in thousands) | Account | March 31, 2024 | December 31, 2023 | | :--- | :--- | :--- | | **Total Current Assets** | $807,294 | $854,832 | | Cash and cash equivalents | $131,501 | $204,640 | | Inventories | $201,960 | $228,990 | | **Total Assets** | **$1,304,153** | **$1,347,943** | | **Total Current Liabilities** | $332,512 | $377,624 | | **Total Liabilities** | **$460,546** | **$499,911** | | **Total Stockholders' Equity** | **$843,607** | **$848,032** | [Condensed Consolidated Statements of Income](index=4&type=section&id=Condensed%20Consolidated%20Statements%20of%20Income) For Q1 2024, total revenue increased to **$552.4 million**, with net income rising to **$43.9 million** and diluted EPS reaching **$0.60** year-over-year Q1 2024 vs Q1 2023 Income Statement Highlights (in thousands, except per share data) | Metric | Q1 2024 | Q1 2023 | | :--- | :--- | :--- | | Total Revenue | $552,381 | $463,834 | | Gross Profit | $224,815 | $195,092 | | Income from Operations | $56,746 | $46,511 | | Net Income Attributable to Steven Madden, Ltd. | $43,934 | $36,730 | | Diluted EPS | $0.60 | $0.48 | [Condensed Consolidated Statements of Cash Flows](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Net cash used in operating activities increased to **$15.7 million** in Q1 2024, with **$52.5 million** used in financing activities, leading to a **$73.1 million** net decrease in cash Cash Flow Summary for Three Months Ended March 31 (in thousands) | Cash Flow Activity | 2024 | 2023 | | :--- | :--- | :--- | | Net cash used in operating activities | $(15,705) | $(13,275) | | Net cash used in investing activities | $(4,618) | $(2,426) | | Net cash used in financing activities | $(52,531) | $(49,740) | | **Net decrease in cash and cash equivalents** | **$(73,139)** | **$(64,734)** | [Notes to Condensed Consolidated Financial Statements - Unaudited](index=8&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements%20-%20Unaudited) The notes detail key events and accounting treatments, including a **$4.3 million** hosiery business acquisition, a **$1.7 million** trademark impairment, and **$32.6 million** in share repurchases, alongside segment revenue breakdown - On March 1, 2024, the company acquired the Steve Madden and Betsey Johnson hosiery business from Gina Group LLC for a cash consideration of **$4.26 million**. The acquisition included inventories, reacquired rights, and goodwill[29](index=29&type=chunk) - In Q1 2024, the company recorded a pre-tax non-cash impairment charge of **$1.7 million** related to the GREATS® trademark, writing its value down to **$4.45 million**, following a **$6.52 million** impairment charge in Q4 2023[66](index=66&type=chunk) - During Q1 2024, the company repurchased **773,000 shares** of its common stock for approximately **$32.6 million**, at a weighted average price of **$42.25 per share**, with **$142.8 million** remaining available for future repurchases as of March 31, 2024[46](index=46&type=chunk) Revenue by Segment (in thousands) | Segment | Q1 2024 Revenue | Q1 2023 Revenue | | :--- | :--- | :--- | | Wholesale Footwear | $295,660 | $282,321 | | Wholesale Accessories/Apparel | $142,576 | $79,816 | | Direct-to-Consumer | $112,331 | $99,600 | | Licensing | $1,814 | $2,097 | | **Total Revenue** | **$552,381** | **$463,834** | [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=26&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management analyzes Q1 2024 financial results, highlighting a **19.1%** revenue increase to **$552.4 million** driven by wholesale and direct-to-consumer growth, improved operating income, and a review of liquidity [Results of Operations](index=29&type=section&id=Results%20of%20Operations) Consolidated revenue for Q1 2024 increased **19.1%** year-over-year, primarily driven by a **78.6%** surge in Wholesale Accessories/Apparel, despite a slight decrease in gross margin - Wholesale Accessories/Apparel revenue increased **78.6%** YoY, driven by incremental revenue from the acquisition of Almost Famous and strength in Steve Madden handbags[106](index=106&type=chunk) - Wholesale Footwear revenue grew **4.7%** YoY, primarily driven by sales growth in the private label business[105](index=105&type=chunk) - Direct-to-Consumer revenue increased **12.8%** YoY, with growth in both brick-and-mortar and e-commerce channels, and gross margin in this segment improved due to reduced promotional activity[107](index=107&type=chunk) [Liquidity and Capital Resources](index=31&type=section&id=Liquidity%20and%20Capital%20Resources) The company maintains a strong liquidity position with **$143.1 million** in cash and no debt, confident in meeting future operating needs and announcing a **$0.21** per share quarterly dividend - As of March 31, 2024, the company had **$143.1 million** in cash, cash equivalents, and short-term investments, with no debt outstanding[111](index=111&type=chunk)[113](index=113&type=chunk) - Cash used in financing activities in Q1 2024 was **$52.5 million**, consisting mainly of **$37.3 million** for share repurchases and **$15.4 million** for dividend payments[117](index=117&type=chunk) - On April 30, 2024, the Board of Directors approved a quarterly cash dividend of **$0.21 per share**, payable on June 21, 2024[122](index=122&type=chunk) [Item 3. Quantitative and Qualitative Disclosures About Market Risk](index=33&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company identifies minimal interest rate risk due to no variable-rate borrowings, manages foreign currency risk with forward contracts, and acknowledges inflation as a potential headwind - Interest rate risk is considered **immaterial** as of March 31, 2024, because the company had no cash borrowings under its variable-rate Credit Facility[128](index=128&type=chunk) - To mitigate foreign currency risk, the company had entered into forward foreign exchange contracts with notional amounts totaling **$78.5 million** as of March 31, 2024[131](index=131&type=chunk) - The company acknowledges that inflation poses a risk by potentially reducing consumer spending and increasing labor, overhead, and logistics costs[124](index=124&type=chunk)[133](index=133&type=chunk) [Item 4. Controls and Procedures](index=35&type=section&id=Item%204.%20Controls%20and%20Procedures) The CEO and CFO concluded that disclosure controls were effective as of March 31, 2024, with the assessment of internal controls excluding the recently acquired Almost Famous business - The CEO and CFO concluded that the company's disclosure controls and procedures were **effective** as of March 31, 2024[135](index=135&type=chunk) - The assessment of internal controls over financial reporting did not include the internal controls of Almost Famous, acquired in October 2023, which represented **8.4%** of consolidated total assets and **7.4%** of consolidated total revenue for the quarter[137](index=137&type=chunk) PART II – OTHER INFORMATION [Item 1. Legal Proceedings](index=36&type=section&id=Item%201.%20Legal%20Proceedings) The company is involved in various legal proceedings, but management believes any resulting liabilities will not materially impact financial condition or results of operations - In the opinion of management, liabilities resulting from various pending legal proceedings are **not expected to have a material impact** on the company's financial condition or results of operations[140](index=140&type=chunk) [Item 1A. Risk Factors](index=36&type=page&id=Item%201A.%20Risk%20Factors) There have been no material changes from the risk factors previously disclosed in the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 - There have been **no material changes** from the risk factors previously disclosed in the company's 2023 Form 10-K[142](index=142&type=chunk) [Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=36&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) During Q1 2024, the company repurchased **883,000** shares of common stock, with **773,000** shares acquired under the publicly announced program at an average price of **$42.31** per share Share Repurchases for Q1 2024 | Period | Total Shares Purchased | Average Price Paid per Share | Shares Purchased as Part of Program | | :--- | :--- | :--- | :--- | | Jan 2024 | 22,000 | $41.59 | 0 | | Feb 2024 | 16,000 | $43.17 | 0 | | Mar 2024 | 845,000 | $42.31 | 773,000 | | **Total** | **883,000** | **$42.31** | **773,000** | [Item 5. Other Information](index=37&type=section&id=Item%205.%20Other%20Information) During the first quarter of 2024, none of its directors or officers adopted, modified, or terminated any Rule 10b5-1 trading plans or other non-Rule 10b5-1 trading arrangements - During the three months ended March 31, 2024, **no directors or officers adopted, modified, or terminated any contract, instruction, or written plan** for the purchase or sale of the company's securities intended to satisfy the conditions of Rule 10b5-1(c)[145](index=145&type=chunk)
Steven Madden(SHOO) - 2024 Q1 - Earnings Call Transcript
2024-05-01 18:46
Steven Madden, Ltd. (NASDAQ:SHOO) Q1 2024 Earnings Conference Call May 1, 2024 8:30 AM ET Company Participants Danielle McCoy - VP of Corporate Development & Investor Relations Edward Rosenfeld - Chairman & Chief Executive Officer Zine Mazouzi - Chief Financial Officer Conference Call Participants Paul Lejuez - Citi Sam Poser - Williams Trading Jay Sole - UBS Janine Stichter - BTIG Aubrey Tianello - BNP Paribas Corey Tarlowe - Jefferies Laura Champine - Loop Dana Telsey - Telsey Advisory Group Operator Good ...
Steven Madden(SHOO) - 2024 Q1 - Quarterly Results
2024-05-01 11:00
Exhibit 99.1 Steve Madden Announces First Quarter 2024 Results LONG ISLAND CITY, N.Y., May 1, 2024 – Steven Madden, Ltd. (Nasdaq: SHOO), a leading designer and marketer of fashion- forward footwear, accessories and apparel, today announced financial results for the first quarter ended March 31, 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. First Quarter 2024 Results Edward Rosenfeld, Chairman a ...
Steven Madden(SHOO) - 2023 Q4 - Annual Report
2024-03-04 11:06
Revenue Segments - Wholesale Footwear segment represented 52.9% of total revenue during 2023[21] - Wholesale Accessories/Apparel segment represented 21.0% of total revenue during 2023[22] - Direct-to-Consumer segment represented 25.6% of total revenue during 2023[24] - Wholesale and Direct-to-Consumer businesses generated revenue of approximately $1,464,980 and $506,494, or 73.9% and 25.6% of total revenue, respectively, for the year ended December 31, 2023[35] - Wholesale Footwear segment revenue decreased by 12.3% to $1,048,448 in 2023, accounting for 52.9% of total revenue, down from 56.3% in 2022[139] - Wholesale Accessories/Apparel segment revenue increased by 5.5% to $416,532 in 2023, driven by strong performance in branded handbag business and the acquisition of Almost Famous[140] - Direct-to-Consumer segment revenue decreased by 2.9% to $506,494 in 2023, with a decline in e-commerce and brick-and-mortar comparable store sales, partially offset by international expansion[141] Retail Operations - The company added 38 brick-and-mortar stores and closed 15 brick-and-mortar stores and one e-commerce site in 2023, ending the year with 255 brick-and-mortar retail stores[23] - The company operates five branded e-commerce sites: www.stevemadden.com, www.dolcevita.com, www.betseyjohnson.com, www.blondo.com, and www.greats.com[24] - The company operates 255 brick-and-mortar retail stores, including 135 located outside of the U.S., as of December 31, 2023[39] - As of December 31, 2023, the company had 255 brick-and-mortar retail stores and five e-commerce websites, compared to 232 stores and six websites in 2022[132] Financial Performance - Total revenue for 2023 decreased by 6.6% to $1,981,582 from $2,122,009 in 2022[131] - Net income attributable to Steven Madden, Ltd. was $171,554 in 2023 compared to $216,061 in 2022[131] - The company's effective tax rate for 2023 decreased to 21.1% compared to 23.1% in 2022[131] - Diluted earnings per share in 2023 was $2.30 per share on 74,565 diluted weighted average shares outstanding[131] - Total revenue decreased by 6.6% to $1,981,582 in 2023 compared to $2,122,009 in 2022, driven by declines in Wholesale Footwear and Direct-to-Consumer segments, partially offset by increases in Wholesale Accessories/Apparel and Licensing segments[138] - Net income attributable to Steven Madden, Ltd. decreased to $171,554 in 2023 from $216,061 in 2022[138] - Cash and cash equivalents decreased to $219,813 in 2023 from $289,798 in 2022, with 61% held in foreign subsidiaries[145] Supply Chain and Manufacturing - 79% of the company's total purchases in 2023 were manufactured in China, exposing it to supply chain risks[75] - Global inflation has increased freight costs, negatively impacting gross margin and profitability in 2023[74] - Changes in U.S. and international trade policies, including tariffs, could materially affect business operations, especially with 79% of products sourced from China[80] - The expiration of the Generalized System of Preferences (GSP) could impose additional tariffs of 6% to 20% on handbags manufactured in certain countries[81] Cybersecurity and IT - The company has transitioned its e-commerce platform to a major cloud-based provider and maintains integrated systems for ERP, warehouse management, and retail inventory management[42] - The company conducts annual network and application penetration tests and maintains network security and cyber liability insurance to mitigate cybersecurity risks[43][44] - The company is heavily dependent on its information technology systems, and any disruption could adversely affect financial results and business reputation[87] - Cybersecurity risks are managed through a comprehensive program that includes prevention, detection, and mitigation measures, overseen by the Chief Information Security Officer and the Information Security Steering Committee[102][103] - The company conducts periodic phishing simulation campaigns and mandatory cybersecurity training for all employees, with specialized training for certain roles[104] - The company engages third-party experts for annual tabletop exercises to rehearse incident response plans and improve cybersecurity controls[104] - The CISO, with 24 years of experience, oversees cybersecurity risk management and provides quarterly reports to the ISSC and Audit Committee[107] - The Incident Response Team (IRT) assesses security incidents and escalates to the ISSC or Audit Committee as needed[109] Legal and Compliance - The company is subject to the U.S. Foreign Corrupt Practices Act and anti-corruption laws in foreign countries, with potential violations leading to sanctions or penalties[85] - The company is involved in various legal proceedings, which could divert management resources and result in significant costs[95] - The company may face additional tax liabilities due to audits by various taxing authorities, potentially impacting operating results and cash flows[96] - Compliance with Section 404 of the Sarbanes-Oxley Act requires significant accounting expense and management effort, with potential material weaknesses in internal controls affecting investor confidence[100] - The company's internal control over financial reporting was deemed effective as of December 31, 2023, based on the COSO framework[190] - The company's independent auditor, Ernst & Young LLP, confirmed the effectiveness of internal controls over financial reporting as of December 31, 2023[192] - No changes in internal control over financial reporting materially affected the company during the fiscal quarter ended December 31, 2023[193] Employee and Executive Matters - The company employs approximately 4,200 employees globally, with 2,200 in the United States and 2,000 internationally, including 2,900 full-time and 1,300 part-time employees[48] - The company has implemented diversity and inclusion initiatives, including the formation of employee resource groups and the addition of diverse members to the Board of Directors[55] - The loss of Steve Madden or key executives could severely disrupt the company's business and have a material adverse effect[63] - Edward R. Rosenfeld's new employment agreement includes an annual base salary of $1,172 starting March 1, 2024, with potential increases annually[196] - Rosenfeld will receive a restricted stock grant valued at $3,400 on March 15, 2024, vesting in five equal annual installments[197] - Rosenfeld is eligible for annual performance share grants with a target value of $3,600, tied to the company's return on capital relative to a peer group[198] - In the event of termination without cause or resignation for good reason, Rosenfeld is entitled to 12 months of base salary and pro-rated performance shares[200][201] - If termination occurs within 90 days before or 180 days after a change of control, Rosenfeld is entitled to a cash payment of 2.5 times his annual base salary plus the average bonus from the prior three years[202] Dividends and Share Repurchases - The company paid a quarterly cash dividend of $0.21 per share in 2023, totaling $63,177 for the year[118] - The company repurchased 3,127 shares of common stock in 2023 at a weighted average price of $34.89 per share, totaling $109,118[119] - The company repurchased shares and paid dividends totaling $205,525 in 2023, including $142,348 in share repurchases and $63,177 in cash dividends[151] - Quarterly cash dividend of $0.21 per share declared for Q3 2023, with total cash dividends paid amounting to $15,698[158] - Quarterly cash dividend of $0.21 per share declared for Q4 2023, with total cash dividends paid amounting to $15,584[159] - Future dividend payments are subject to board discretion and contingent on earnings, financial condition, and other factors[161] Risks and Challenges - The company faces intense competition from established and new entrants in the fashion footwear, accessories, and apparel industry, which could impact market share and financial performance[61] - The company's success depends on its ability to adapt to changes in the retail industry, including the shift to e-commerce and mobile commerce[62] - Significant customers reducing or stopping purchases could materially affect sales and profits[65] - Quarterly financial results are subject to fluctuations due to factors like product mix, market acceptance, and external economic conditions[66] - Extreme weather conditions and climate change risks could disrupt operations and reduce demand for seasonal products[68] - Credit risks with wholesale customers could adversely affect financial results, especially if customers face liquidity shortages[69] - Geopolitical tensions, particularly the ongoing conflict between Israel and Hamas, could significantly disrupt the company's operations in the Middle East, impacting joint ventures, financial markets, and supply chains[83] - The company faces risks from foreign exchange rate fluctuations, as it sources products overseas and uses forward foreign exchange contracts to hedge against adverse currency changes[86] - Approximately 63% of the company's net royalties in fiscal year 2023 were derived from its top five licensed product lines, making it vulnerable to declines in demand for these products[93] - Changes in economic conditions, such as inflation, interest rates, and consumer confidence, could negatively impact the company's sales and results of operations[94] - Inflationary pressures and geopolitical risks may negatively impact consumer spending and sales[162] Acquisitions and Investments - The company acquired Almost Famous for a total purchase price of $86,528, with a maximum consideration of $68,000 over four years[130] - The acquisition of Almost Famous in October 2023 accounted for 8.8% of consolidated total assets and 1.9% of consolidated total revenue as of December 31, 2023[191] Financial Reserves and Hypothetical Scenarios - A hypothetical 5% increase in the allowance for doubtful accounts as of December 31, 2023, would increase operating expenses by approximately $200[165] - A hypothetical 5% increase in the reserve balance for markdowns and chargeback allowances as of December 31, 2023, would decrease revenue by approximately $1,500[167] - A hypothetical 5% increase in the return reserve as of December 31, 2023, would decrease revenue by approximately $200[168] - A hypothetical 5% increase to inventory reserves at December 31, 2023, would decrease gross profit by approximately $400[170] Trademarks and Licensing - The company's trademarks, including Steve Madden, Madden Girl, and Betsey Johnson, are registered in 150 countries and are licensed for use in apparel, accessories, and home categories[45][46] - The GREATS trademark was written down from $12,670 to $6,150, resulting in a pre-tax non-cash impairment charge of $6,520[176] Corporate Social Responsibility - The company made charitable contributions of $1 million each in 2023 and 2022 through The Steve Madden Corporate Foundation[54] Stockholder Information - As of February 22, 2024, there are 154 holders of record and 33,453 beneficial owners of the company's common stock[117] - The company's cumulative total stockholder return from December 31, 2018, to December 31, 2023, was 151.14%, outperforming the Russell 2000 Index[124] Credit Facilities and Agreements - The company has a $150,000 asset-based revolving credit facility, providing additional liquidity and flexibility for long-term financial commitments[148] - Credit Agreement dated July 22, 2020, among Steven Madden, Ltd., subsidiary borrowers, lenders, and Citizens Bank, N.A., as administrative agent[216] - First Amendment to Credit Agreement dated March 25, 2022, involving Steven Madden, Ltd., other loan parties, lenders, and Citizens Bank, N.A.[216] - Amended and Restated Deferred Purchase Factoring Agreement dated July 22, 2020, among Steven Madden, Ltd., certain subsidiaries, and Rosenthal & Rosenthal, Inc.[216] - Third Amendment to Credit Agreement dated October 23, 2023, among Steven Madden, Ltd., other loan parties, lenders, and Citizens Bank, N.A.[216] - Notification Factoring Rider to the Credit Approved Receivables Purchasing Agreement dated October 23, 2023, involving Steven Madden, Ltd., Daniel M. Friedman & Associates, Inc., and The CIT Group/Commercial Services, Inc.[216] Employment Agreements - Employment Agreement dated May 15, 2023, between the Company and Karla Frieders[216] - Employment Agreement dated February 27, 2024, between the Company and Edward R. Rosenfeld[216] - Employment Agreement dated December 21, 2022, between the Company and Amelia Newton Varela[216] Historical Agreements - Equity Purchase Agreement dated January 30, 2017, involving the Company, Schwartz & Benjamin, Inc., B.D.S., Inc., Quinby Ridge Enterprises LLC, DANIELBARBARA Enterprises LLC, and Daniel Schwartz as agent for the Sellers[215] - First Amendment to Equity Purchase Agreement dated November 21, 2017, amending the original agreement from January 30, 2017[215]
Steven Madden(SHOO) - 2023 Q4 - Earnings Call Transcript
2024-02-28 18:12
Steven Madden, Ltd. (NASDAQ:SHOO) Q4 2023 Earnings Conference Call February 28, 2024 8:30 AM ET Company Participants Danielle McCoy - Vice President of Corporate Development and Investor Relations Edward Rosenfeld - Chairman and Chief Executive Officer Zine Mazouzi - Chief Financial Officer Conference Call Participants Paul Lejuez - Citi Aubrey Tianello - BNP Paribas Laura Champine - Loop Samuel Poser - Williams Trading Jay Sole - UBS Abbie Zvejnieks - Piper Sandler Tom Nikic - Wedbush Corey Tarlowe - Jeffe ...
Steven Madden(SHOO) - 2023 Q4 - Annual Results
2024-02-28 12:05
Exhibit 99.1 Steve Madden Announces Fourth Quarter and Full Year 2023 Results ~ Provides 2024 Outlook ~ LONG ISLAND CITY, N.Y., February 28, 2024 – Steve Madden (Nasdaq: SHOO), a leading designer and marketer of fashion- forward footwear, accessories and apparel, today announced financial results for the fourth quarter and full year ended December 31, 2023 and provided its 2024 outlook. Amounts referred to as "Adjusted" are non-GAAP measures that exclude the items defined as "Non-GAAP Adjustments" in the "N ...
Steven Madden(SHOO) - 2023 Q3 - Quarterly Report
2023-11-09 17:49
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, 2023 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) incorporatio ...
Steven Madden(SHOO) - 2023 Q3 - Earnings Call Transcript
2023-11-08 15:53
Steven Madden, Ltd. (NASDAQ:SHOO) Q3 2023 Earnings Conference Call November 8, 2023 6:00 AM ET Company Participants Danielle McCoy - Vice President of Corporate Development and Investor Relations Edward Rosenfeld - Chairman and Chief Executive Officer Zine Mazouzi - Chief Financial Officer Conference Call Participants Aubrey Tianello - BNP Paribas Tom Nikic - Wedbush Laura Champine - Loop Janine Stichter - BTIG Corey Tarlowe - Jefferies Samuel Poser - Williams Trading Jay Sole - UBS Operator Good day and we ...
Steven Madden(SHOO) - 2023 Q2 - Quarterly Report
2023-08-04 17:01
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 June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of registrant as specified in its charter) incorporation or organization) Delaware 13-3588231 (State or other jurisdiction of (I.R.S. Employer Identification No.) 52-16 Barnett Avenue, Long ...
Steven Madden(SHOO) - 2023 Q2 - Earnings Call Transcript
2023-08-02 19:27
Steven Madden, Ltd. (NASDAQ:SHOO) Q2 2023 Earnings Conference Call August 2, 2023 8:30 AM ET Company Participants Danielle McCoy - Vice President of Corporate Development and Investor Relations Edward Rosenfeld - Chairman and Chief Executive Officer Zine Mazouzi - Chief Financial Officer Conference Call Participants Aubrey Tianello - BNP Paribas Samuel Poser - Williams Trading Laura Champine - Loop Capital Markets Jay Sole - UBS Corey Tarlowe - Jefferies Kelly Crago - Citigroup Inc Tom Nikic - Wedbush Sec ...