Insight Report 3 minutes PremiumSteve Madden [SHOO] 3Q16 Results: Solid Quarter Led by Women’s Wholesale Segment Coresight Research November 2, 2016 Executive Summary Steve Madden reported 3Q16 revenues of $408.4 million, down 1.2% year over year but above the consensus estimate of $404.6 million. EPS was $0.74, in line with the consensus estimate and up 5.7% from the year-ago period. Comps for the retail business increased by 1.3%. New trends helped to drive growth. The Steve Madden and Dolce Vita divisions drove growth in the wholesale footwear business. The company reiterated its 2016 guidance for revenue growth of 0%–1%. It increased its EPS guidance to $1.98–$2.03, which are in line with consensus estimates calling for revenue of $1.41 billion and EPS of $1.99. 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: February 2024 US Retail Sales: Growth Accelerates—Electronics Stores Rebound; Nonstore Retailers See Strong GrowthConsumer Financial Health Stays Strong: US Consumer Survey Insights 2023, Week 38Data Dive: When Will US Grocery Unit Growth Turn Positive?US CPG Sales Tracker: Beauty Slowdown Sees E-Commerce Growth Turn Negative
