SHOO•Steven Madden reported Q3 EBIT of USD 73.206 million and sales of USD 767.892 million, below the USD 777.5 million estimate. It forecast full-year adjusted EPS of USD 2.15 to USD 2.20 and EPS of USD 2.58 to USD 2.63.
Steven Madden reported Q3 EBIT of USD 73.206 million, operating expenses of USD 270.025 million, net income of USD 52.643 million, gross profit of USD 344.252 million and sales of USD 767.892 million. Sales were below the USD 777.5 million estimate. The company forecast full-year adjusted EPS of USD 2.15 to USD 2.20, versus an estimate of USD 2.19, and full-year EPS of USD 2.58 to USD 2.63.
