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Steven Madden (SHOO)
NASDAQ:SHOO
Holding SHOO?
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.53Last Year’s EPS
0.61Same Quarter Last Year
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2018
|% Change Since: -6.59%
|Next Earnings Date:Jul 31, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth in revenue, especially in international markets and accessories, as well as a successful marketing campaign. However, challenges remain with declines in wholesale footwear revenue and potential tariff impacts. The company has raised its annual guidance, indicating confidence in its strategic direction.Company Guidance
During the Q3 2024 earnings call for Steve Madden Limited, the company reported strong performance, leading to an increase in their 2024 guidance for revenue and earnings. The guidance was raised to expect a revenue increase of 13% to 14% for the year, alongside a projected diluted EPS range of $2.62 to $2.67. This positive outlook was underpinned by significant growth in the accessories and apparel categories, with international revenue growing by 11% in Q3 and expectations for mid-teens growth for the full year. The EMEA region was noted as a significant contributor, with projected revenue growth exceeding 20% in 2024. Additionally, the company's direct-to-consumer segment showed an 8% revenue growth in the quarter, contributing to the overall optimistic guidance.Strong Q3 2024 Revenue and Earnings
Steve Madden's third quarter 2024 revenue was $624.7 million, a 13% increase compared to Q3 2023. Earnings also exceeded expectations.
International Market Growth
International revenue grew 11% in Q3 compared to the same period in the prior year, with EMEA revenue expected to be up more than 20% in 2024.
Accessories and Apparel Growth
Accessories and apparel revenue rose 48% in Q3, or 19% excluding Almost Famous. Steve Madden handbag revenue increased 27% in the quarter.
Direct-to-Consumer Business Expansion
DTC revenue grew 8% in Q3, including a 5% increase on a comp basis. E-commerce revenue grew by 10% in the quarter.
Raised Annual Guidance
The company raised its guidance for 2024 revenue to increase 13% to 14% compared to 2023, with diluted EPS expected in the range of $2.62 to $2.67.
Successful Marketing Campaign
The 'Never Miss A Beat' campaign drove increased organic search for the brand, positive social sentiment, and revenue gains.
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SHOO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SHOO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $44.02 | $45.38 | +3.09% |
| Jul 31, 2024 | $44.04 | $44.91 | +1.98% |
| May 01, 2024 | $39.84 | $38.86 | -2.46% |
| Feb 28, 2024 | $42.80 | $42.44 | -0.84% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Steven Madden (SHOO) report earnings?
Steven Madden (SHOO) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Steven Madden (SHOO) earnings time?
Steven Madden (SHOO) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SHOO EPS forecast?
SHOO EPS forecast for the fiscal quarter 2024 (Q4) is 0.53.
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