Steve Madden Q3 EPS $0.87 vs $0.79; revenue slips 0.7% to $552.7M; FY outlook cautious

STEVEN MADDEN, LTD.

2023-Q3 EPS reported $1.81 revenue$1,461,868,000

Revenue $552.7M (-0.7% YoY); net income $64.4M ($0.87 diluted EPS) vs $61.3M ($0.79) in Q3 2022.
Adjusted diluted EPS $0.88 vs $0.79; operating margin improved to 15.0% from 14.1%.
Wholesale footwear rev -7.5%; wholesale accessories/apparel +22.7%; DTC revenue -1.8%.
FY2023 outlook: revenue down ~7%, diluted EPS ~$2.35, adjusted diluted EPS ~$2.40.
Quarterly dividend $0.21/share declared, payable Dec 29; $40M stock repurchased in Q3.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

STEVEN MADDEN, LTD. reported the third quarter ended September 30, 2023 results: revenue $552.7 million, net income $64.4 million, EPS $0.87 per diluted share. Guidance lowered.

Period: the third quarter ended September 30, 2023
Revenue: $552.7 million
Net income: $64.4 million
EPS: $0.87 per diluted share
Guidance: lowered
Result: reported results

Exact text from the filing

are non-GAAP measures that exclude the items defined as “Non-GAAP Adjustments” in the “Non-GAAP Reconciliation” section. Third Quarter 2023 Results ● Revenue decreased 0.7% to $552.7 million compared to $556.6 million in the same period of 2022. ● Gross profit as a percentage of revenue was 42.1% compared to 41.2% in the same period of 2022. ● Operating expenses as

View on SEC.gov

Browse all earnings releases →

STEVEN MADDEN, LTD. filing history →

Source: SEC EDGAR

accession 0001493152-23-039824

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.