Company Earnings Update 3 minutesRegister for Free AccessSteve Madden (NASDAQ: SHOO) 1Q19 Results: Steve Madden Women’s Wholesale and Accessories Drive Strong Momentum Coresight Research April 30, 2019 Executive Summary 1Q19 sales rose 5.6% driven by strong growth in wholesale accessories. Same-store sales rose 6.3% driven by the strong performance in e-commerce. The adjusted operating margin expanded 80 basis points (bps) to 11.0% of sales. Adjusted EPS increased 16.7% to $0.42. The company raised its 2019 sales and earnings guidance, raising EPS guidance to $1.76-1.84 from $1.70-1.78. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Dollar Stores and Warehouse Clubs Gain from Valentine’s Day: US Consumer Survey InsightsWeekly US and UK Store Openings and Closures Tracker 2024, Week 15: 99 Cents Only To Close All StoresCoresight Bites: Which US Consumers Are Most Sensitive to Inflation?BEST at Retail: Brand Building—Storytelling Drives In-Person Store Visits
