Market Overview

Recap: Steven Madden Q1 Earnings

Share:

Shares of Steven Madden (NASDAQ:SHOO) were unchanged after the company reported Q1 results.

Quarterly Results

Earnings per share decreased 61.90% year over year to $0.16, which missed the estimate of $0.20.

Revenue of $355,684,000 declined by 13.45% year over year, which missed the estimate of $356,340,000.

Looking Ahead

Steven Madden hasn't issued any earnings guidance for the time being.

Steven Madden hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: May 28, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/a9g4rn6r

Technicals

52-week high: $44.80

52-week low: $16.38

Price action over last quarter: down 21.16%

Company Description

Steven Madden Ltd designs and sells brand-name and private-label footwear, handbags, and accessories. Its products are geared toward fashion-conscious adults and children. The company sells its products through department stores and other retailers as well as its own stores and websites. Nearly all of the company's revenue comes from three of its segments. The wholesale footwear segment accounts for the majority of revenue, while the wholesale accessories segment and retail segment contribute similar amounts. Geographically, most sales are in North America and South Africa, but the company's products also reach Europe, Asia, and Australia. Steve Madden sources products from manufacturers in Asia, Mexico, and Italy.

 

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Posted-In: Earnings News