SHOO News and Press, Steven Madden Ltd. From 02/20/23

Summary To date, 103 of the 201 companies in our Retail/Restaurant Index have reported their EPS results for Q4 2022, representing 51% of the index. All eyes are on Walmart and Home Depot as they kick off Q4 retail earnings season. Walmart’s e-commerce is expected to grow a r...

Summary Crocs has successfully executed an aggressive turnaround plan. CROX presents a compelling upside over the next 3-5 years. We find this to be a surprisingly defensible upside scenario for shares to approach the $500 level. The following segment was excerpted from ...

Summary The most important thing to understand about this business is that it now has little or nothing to do with the company’s skills in designing fashionable shoes. Madden only has maybe six weeks of cash tied up in inventory in its supply chain, rather than 6-9 months. Ma...

Summary Gildan Activewear detracted from performance during the quarter. Gildan built a very successful business over time, with excellent growth rates and healthy levels of profitability. Gildan has vacuumed share of this market for a long time. We expect the market to reward G...

Summary Wedgewood Partners is a money manager founded in 1988 with the goal of providing investors with a superior approach to managing investment portfolios. The results for the typical investor in 2022 were likely worse still as many investors (including Wedgewood) had a meaningful we...

LONG ISLAND CITY, N.Y., Feb. 09, 2023 (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 that the Company plans to release its fourth quarter and fiscal year end ...

Summary In line with consumer discretionary stocks, trends shoe maker Steven Madden has also seen an uptick in price. Can it continue to rise? There's a lot to like about its recent growth, margins, balance sheet and cash flow. Its full-year 2022 projections are also encouraging. Bu...

Summary Steven Madden continues to post sales increases, but the most recent data available shows some weakness on the bottom line. While this may be disappointing to some investors, the stock looks cheap enough to overlook this. The firm also has a robust balance sheet that signifi...

Summary Weyco Group has been posting some really attractive sales and profit figures in recent quarters. The final quarter is expected to be weaker year-over-year, but this doesn't change the fact that shares look quite cheap. Despite rising nicely in recent months, the stock does s...

Summary Basic shoe selling could be a low-risk ownership proposition in today's topsy-turvy world. Steady margins and returns are desirable going into a 2023 recession. Cheap valuations on basic earnings and well above-average trading momentum for both Caleres and Designer Bra...