Insight ReportSteve 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: Analyst Corner: What’s Happening in China’s Economy? Analyzing Retail and Consumer Metrics with Madhav PitaliyaThe New AI Unicorn—Reka AI Secures $110 Million from NVIDIA and Snowflake: What You Need to KnowMay 2025 US Retail Sales: Core Sales Growth Proves Solid Despite Pull-Forward of PurchasesMapping the US’s Reciprocal Import Tariffs: Which Nations Are Affected?
