Steven Madden (SHOO) Tops Q2 EPS by 2c, Beats on Revenues; Offers FY EPS Outlook Below Consensus
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Steve Madden Announces Second Quarter Results
July 31, 2018 6:59 AM EDTLONG ISLAND CITY, N.Y.--(BUSINESS WIRE)-- Steve Madden (Nasdaq: SHOO), a leading designer and marketer of fashion footwear and accessories for women, men and children, today announced financial results for the second quarter ended June 30, 2018.
Amounts referred to as Adjusted exclude the items that are described under the heading Non-GAAP Adjustments.
For the Second Quarter 2018:
Net sales increased 5.8% to $395.8 million compared to $374.1 million in the same period of 2017. Gross margin was 37.3%. Gross margin in the second quarter of 2017 was 37.3%. Adjusted gross... More