earnings
confidence high
sentiment neutral
materiality 0.80
Steve Madden reports record FY2022 revenue $2.12B (+13.7%); Q4 revenue down 18.6%; guides FY2023 revenue down 6.5-8%
STEVEN MADDEN, LTD.
2022-FY EPS reported
$2.77
revenue$2,122,009,000
- FY2022 net income $216.1M ($2.77 diluted EPS); adjusted EPS $2.80.
- Q4 2022 revenue $470.6M (-18.6% YoY); net income $31.8M ($0.42 diluted EPS).
- Board declares $0.21 quarterly dividend, payable March 24, 2023 to holders of record March 10.
- FY2023 outlook: revenue decrease 6.5%-8.0%; diluted EPS expected $2.40-$2.50.
- Repurchased $148.9M of common stock in FY2022; cash and equivalents $289.8M at year-end.