Insight Report 2 minutes PremiumSteve Madden (SHOO) 1Q16 Results: Solid Quarter Helped by Strong Retail Comps and Margins Coresight Research April 22, 2016 Executive Summary Steve Madden reported 1Q16 revenues of $329.4 million, up 1.7% year over year and above the consensus estimate of $325.5 million. EPS was $0.33, in line with consensus and up 4.6% from the year-ago period. Comps for the retail business increased by 10.7%. The Steve Madden and Dolce Vita divisions drove growth in the wholesale footwear business, which was partially offset by a decline in wholesale accessories. The company reiterated its 2016 guidance for 2%–4% revenue growth and EPS of $1.93–$2.03, which is in line with consensus estimates of $1.4 billion in revenue and EPS of $2.02. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: What’s Next for the Food Industry?: Insights Presented at the FMI Midwinter Executive Conference 2024Analyst Corner—AI: An Overutilized Phrase; an Underutilized Solution, with Manik BhatiaMarket Navigator: US Apparel and Footwear Retailing—After the Bounce, What’s Next?Weinswig’s Weekly: Previewing NRF 2024—Retail’s Big Show
