Shares of Steven Madden SHOO remained unaffected after the company reported Q3 results.
Quarterly Results
Earnings per share were down 41.79% year over year to $0.39, which beat the estimate of $0.21.
Revenue of $342,830,000 decreased by 31.06% from the same period last year, which beat the estimate of $329,260,000.
Guidance
Steven Madden hasn't issued any earnings guidance for the time being.
Steven Madden hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: Oct 27, 2020
Time: 08:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/9kqjk33z
Price Action
Company's 52-week high was at $44.80
52-week low: $16.38
Price action over last quarter: Up 3.30%
Company Overview
Steven Madden Ltd designs and sells brand-name and private-label footwear 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 and retail segments contribute sizable amounts. Geographically, most sales are in North America and South Africa, but the company's products also reach Europe, Asia, and Australia.
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