|Bid||0.00 x 800|
|Ask||0.00 x 1200|
|Day's Range||34.59 - 36.87|
|52 Week Range||27.88 - 39.30|
|Beta (3Y Monthly)||0.96|
|PE Ratio (TTM)||23.34|
|Earnings Date||Apr 18, 2019 - Apr 22, 2019|
|Forward Dividend & Yield||0.56 (1.70%)|
|1y Target Est||36.64|
Steven Madden Ltd. shares jumped 5.7% in Thursday trading after the shoe brand reported first-quarter earnings that beat expectations and raised its full-year guidance. Net income totaled $34.5 million, or 41 cents per share, up from $28.7 million, or 33 cents per share last year. Adjusted EPS of 42 cents beat the 37-cents FactSet consensus. Sales were $410.9 million, up from $389.0 million last year and ahead of the $404.0 million FactSet estimate. Wholesale sales increased "slightly" according to the earnings release, with the namesake brand and the addition of Anne Klein offsetting unrecognized sales to Payless ShoeSource, which filed for bankruptcy. Steve Madden has previously called the Payless bankruptcy a headwind. Thanks to the first-quarter performance, Chief Executive Edward Rosenfeld raised full-year guidance, with sales now expected to rise 5% to 7% compared to previous guidance for 4% to 6% growth. EPS is now expected to be in the range of $1.76 to $1.84 compared with $1.70 to $1.78 previously. The FactSet estimate is for sales of $1.74 billion, up 5.5% year-over-year, and EPS of $1.82. Steve Madden shares are up 19% for the year to date while the S&P 500 index is up 16.3% for the period.
On a per-share basis, the Long Island City, New York-based company said it had net income of 41 cents. Earnings, adjusted for non-recurring costs, were 42 cents per share. The results topped Wall Street ...
LONG ISLAND CITY, N.Y., April 25, 2019 -- Steve Madden (Nasdaq: SHOO), a leading designer and marketer of fashion footwear and accessories for women, men and children, today.
LONG ISLAND CITY, N.Y., April 19, 2019 -- Steve Madden (NASDAQ: SHOO), a leading designer and marketer of fashion-forward footwear and accessories for women, men and children,.
Steven Madden (SHOO) is leaving no stone unturned to boost the top and the bottom line. The company is focusing on enhancing product portfolio. However, rise in operating expenses may weigh on margins.
Steven Madden (SHOO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
American teenagers are embracing sneaker culture in significant numbers, according to Piper Jaffray’s spring 2019 “Taking Stock with Teens Survey.”
Steven Madden Ltd NASDAQ/NGS:SHOOView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low and declining Bearish sentimentShort interest | PositiveShort interest is low for SHOO with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on March 21. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold SHOO had net inflows of $2.42 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
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Understanding how Steven Madden, Ltd. (NASDAQ:SHOO) is performing as a company requires looking at more than just a years' earnings. Today I will run you through a basic sense checkRead More...
Shares of U.S. retail and consumer goods companies appear set to emerge largely unscathed from the trade dispute between the United States and China. The current U.S. tariffs on $200 billion worth of Chinese imports were scheduled to increase to 25 percent from 10 percent if a trade deal were not reached by March 1. Last week U.S. President Donald Trump announced an extension of that deadline, and the United States and China have reportedly moved close to a deal that would roll back the tariffs altogether.
Ltd. said in its fourth-quarter earnings release that the Payless ShoeSource bankruptcy, which is culminating in the largest liquidation event in U.S. retail history, is a near-term challenge. Payless announced that it had filed for bankruptcy on Feb. 18. On the earnings call, Mr. Rosenfeld called Payless “a meaningful customer” for Steve Madden.
Steve Madden says it will be hurt by the Payless bankruptcy, but it has partnerships with other retailers like Walmart and Target.
Steve Madden (SHOO) witnesses robust gains at its flagship Steve Madden brand in both footwear and handbags during the fourth quarter of 2018.
climbed 3.78% to $34.02 Wednesday after the shoe designer beat Wall Street's fourth-quarter earnings expectations. The Long Island City, New York-based company reported fourth-quarter net income of $12.5 million, or 15 cents a share, down from $24.6 million, or 28 cents a share, a year ago. Retail net sales in the quarter rose 7.9% to $93 million, compared with $86.2 million a year ago.
Steven Madden Ltd. shares rose 5% in premarket trade Wednesday, after the company beat earnings estimates for the fourth quarter. The Long Island City, New York-based shoe designer said it had net income of $12.5 million, or 15 cents a share, in the quarter, down from $24.6 million, or 28 cents a share, in the year-earlier period. Adjusted per-share earnings came to 42 cents, ahead of the 38 cents FactSet consensus. Sales rose 12.6% to $410.4 million, also ahead of the FactSet consensus of $402 million. "The trend-right product assortments created by Steve and his design team drove robust gains in our flagship Steve Madden brand in both footwear and handbags," Chief Executive Edward Rosenfeld said in a statement. The company said it is now expecting sales to grow 4% to 6% in 2019 over 2018. But it expects the bankruptcy of Payless ShoeSource to shave about 16 cents off adjusted EPS, however, reducing guidance to $1.75 to $1.83. The current FactSet consensus is for 2019 EPS of $1.92. Shares have gained 11.6% in the last 12 months, while the S&P 500 has gained 1.8%.
LONG ISLAND CITY, N.Y., Feb. 27, 2019 -- Steve Madden (Nasdaq: SHOO), a leading designer and marketer of fashion footwear and accessories for women, men and children, today.
Steven Madden (NASDAQ: SHOO ) unveils its next round of earnings this Wednesday, Feb. 27. Get prepared with Benzinga's ultimate preview for Steven Madden's Q4 earnings. Earnings and Revenue Analysts covering ...
LONG ISLAND CITY, N.Y., Feb. 20, 2019 -- Steve Madden (NASDAQ: SHOO), a leading designer and marketer of fashion-forward footwear and accessories for women, men and children,.
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Two important questions to ask before you buy Steven Madden,Read More...