Steve Madden Q2 revenue up 34.5% to $535M, EPS $0.62; reiterates FY guidance

STEVEN MADDEN, LTD.

2022-Q2 EPS reported $1.55 revenue$1,094,723,000

Revenue $535M (+34.5% YoY); net income $48.5M ($0.62 diluted EPS).
Adjusted diluted EPS $0.63 vs $0.48 a year ago; adjusted operating income $67.0M.
Wholesale revenue surged 51.5% to $397.1M; DTC rose 2.2% to $135.5M.
Reiterates FY2022 outlook: revenue +13-16%, diluted EPS $2.87-$2.97, adjusted $2.90-$3.00.
Declared $0.21 quarterly dividend, payable Sept 26, 2022 to holders of record Sept 16.

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