earnings
confidence high
sentiment positive
materiality 0.75
Steve Madden Q2 revenue jumps 179% YoY to $398M, EPS $0.45 vs loss a year ago
STEVEN MADDEN, LTD.
2021-Q2 EPS reported
$0.71
revenue$758,919,000
- Net income $36.9M ($0.45 diluted EPS) vs net loss of $16.6M ($0.21 loss) in Q2 2020.
- Adjusted diluted EPS $0.48; revenue $397.9M, up 178.6% YoY; wholesale revenue +162%.
- Retail revenue surged 220.6% to $132.7M; company repurchased 876,241 shares for $37.2M.
- Board declared $0.15/share quarterly dividend, payable Sept 27, 2021 to holders of record Sept 17.
- FY2021 outlook: revenue +43-47% over 2020; diluted EPS $1.90-$2.00, adjusted $2.00-$2.10.