Steven Madden Q1 Sales and Adjusted EPS Beat Estimates, FY Revenue Growth Outlook Positive
SHOO sits 94% above its 52-week low of $19.75.
Summary
Steven Madden reported strong first-quarter results, with sales reaching $649.66 million, surpassing the IBES estimate of $647.5 million. The company also delivered adjusted EPS of $0.45, exceeding the IBES estimate of $0.39. While the full-year adjusted EPS outlook of $2.00-$2.10 is slightly below the IBES estimate of $2.11, the positive Q1 performance and a full-year revenue growth outlook of 10-12% indicate solid operational momentum. This report provides new, material information following the fiscal year 2025 results. Traders will likely react positively to the Q1 beats, though the mixed EPS guidance for the full year will be a point of focus. Investors should monitor future guidance updates and sales trends.
At the time of this announcement, SHOO was trading at $38.25 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $2.7B. The 52-week trading range was $19.75 to $46.88. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.