Steven Madden Q4 Earnings Beat Estimates, Sales Increase Y/Y

Steven Madden, Ltd. (SHOO) reported fourth-quarter 2024 results, wherein both top and bottom lines beat the Zacks Consensus Estimate. Total revenues increased, while earnings decreased from the year-ago period’s actuals.Management attributed the strong performance in 2024 to robust gains in international markets, expansion in non-footwear categories and strength in direct-to-consumer (“DTC”) channels, along with a return to revenue growth in the U.S. wholesale footwear business.Looking ahead to 2025, the co ...