Steven Madden Posts Q3 Earnings Beat, Raises FY24 Guidance

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 ...