Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
STEVEN MADDEN, LTD. reported second quarter ended June 30, 2023 results: revenue $445.3 million, net income $34.5 million, EPS $0.46 per diluted share. Guidance reaffirmed.
- Period
- second quarter ended June 30, 2023
- Revenue
- $445.3 million
- Net income
- $34.5 million
- EPS
- $0.46 per diluted share
- Guidance
- reaffirmed
- Result
- reported results
Exact text from the filing
● Revenue decreased 16.8% to $445.3 million compared to $535.0 million in the same period of 2022. ● Gross profit as a percentage of revenue was 42.6% compared to 40.7% in the same period of 2022. ● Operating expenses as a percentage of revenue were 32.7% compared to 28.5% in the same period of 2022. Adjusted operating expenses as a percentage of revenue were 32.6% compared to 28.2% in the same period of 2022. ● Income from operations totaled $44.0 million, or 9.9% of revenue, compared to $65.2 million, or 12.2% of revenue, in the same period of 2022. Adjusted income from operations totaled $44.5 million, or 10.0% of revenue, compared to $67.0 million, or 12.5% of revenue, in the same period of 2022. ● Net income attributable to Steven Madden, Ltd. was $34.5 million, or $0.46 per diluted share, compared to $48.5 million, or $0.62 per diluted share, in the same period of 2022. Adjusted net income attributable to Steven Madden, Ltd. was $34.9 million, or $0.47 per diluted share, compared
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