SHOO News and Press, Steven Madden Ltd. From 09/22/22

Summary Steven Madden has done well to grow both its top and bottom lines in recent years. Strength has continued into the 2022 fiscal year and there is no evidence that the business is worsening. Shares also look cheap enough to warrant some upside potential moving forward. ...

Summary Estimated an intrinsic value of $7.15b or $47 per share with a 1-year price target of $51, representing some 40% upside. Expansion focused on the direct-to-consumer strategy, India, South America, warehouse capacity and customer relationships. Margins will recover as f...

Steven Madden ( NASDAQ: SHOO ) had declared $0.21/share quarterly dividend , in line with previous. Payable Sept. 26; for shareholders of record Sept. 16; ex-div Sept. 15. See SHOO Dividend Scorecard, Yield Chart, & Dividend Growth. For further details se...

Loop Capital downgraded Steve Madden ( NASDAQ: SHOO ) to “Hold” on Tuesday amid the expectation of slower sales into the close of 2022 and into 2023. “We are increasingly cautious in Q4 and beyond given the slower sales pace the company has exper...

Summary Deckers Outdoor Corporation has seen strong topline growth recently, but profitability has been somewhat mixed. Shares have also risen significantly, with the easy money for investors having already been made. However, a strong catalyst in its HOKA brand may still just...

Steven Madden, Ltd. (SHOO) Q2 2022 Earnings Conference Call July 27, 2022 08:30 ET CompanyParticipants Danielle McCoy - Director of Corporate Development & Investor Relations Ed Rosenfeld - Chairman & Chief Executive Officer Conference Call Participants...

Steven Madden ( NASDAQ: SHOO ) shares slid sharply on Wednesday as margin pressure and light full-year guidance overshadowed strong Q2 results. The New York-based shoe and fashion accessory manufacturer reported non-GAAP EPS of $0.63 and $535M in revenue for the seco...

Steven Madden press release ( NASDAQ: SHOO ): Q2 Non-GAAP EPS of $0.63 beats by $0.02 . Revenue of $535M (+34.5% Y/Y) beats by $43.2M . Gross profit as a percentage of revenue was 40.7% compared to 42.7% in the same period of 2021. Income from operations to...

LONG ISLAND CITY, N.Y., July 27, 2022 (GLOBE NEWSWIRE) -- Steven Madden, Ltd. (Nasdaq: SHOO), a leading designer and marketer of fashion-forward footwear, accessories and apparel for women, men and children, today announced financial results for the second quarter ended June 30, 2022. ...

In a note updating clients on retail trends ahead of a busy earnings season, B. Riley analyst Susan Anderson advised “staple-like product” manufacturers are still providing opportunity. She noted that retail sales have held up well into the second quarter despi...