Steven Madden, Ltd. (NASDAQ:SHOO) is reporting second quarter financial results on Wednesday 29th July 2020, before market open.
According to analysts surveyed by Thomson Reuters, SHOO is expected to report 2Q20 loss of $ 0.27 per share from revenue of $ 183.49 million.
For the full year, analysts anticipate top line of $ 1284.08 million, while looking forward to income of $ 0.44 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,768.00 million ~ $ 1,786.00 million, where as bottomline are predicted in a range of $ 1.70 ~ $ 1.80 per share
Click Here For More Historical Outlooks Of Steven Madden, Ltd.
Previous Quarter Performance
Steven Madden, Ltd. announced income for the first quarter of $ 0.16 per share, from the revenue of $ 355.68 million. The quarterly earnings reduced 61.90 percent while revenues contracted 13.45 percent compared with the same quarter last year.
According to street consensus, SHOO was expected to report 1Q20 income of $ 0.20 per share from revenue of $ 356.34 million. The bottom line results missed street analysts by $ 0.04 or 20 percent, at the same time, top line results fell short of analysts by $ 0.66 million or 0.19 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of SHOO was $ 22.08, representing a 34.80 % increase from the 52 week low of $ 16.38 and a 50.71 % decrease over the 52 week high of $ 44.80.
The company has a market capital of $ 1.84 billion and is part of the Consumer Cyclical sector and Footwear & Accessories industry.
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Conference Call
Steven Madden, Ltd. will be hosting a conference call at 8:30 AM eastern time on 29th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.stevemadden.com
Steven Madden, Ltd. designs, sources, markets, and sells fashion-forward name brand and private label footwear for women, men, and children worldwide. Its Wholesale Footwear segment provides footwear under the Steve Madden Womens, Madden Girl, Steve Madden Mens, Madden, Madden NYC, Report, Dolce Vita, DV by Dolce Vita, Mad Love, Steven by Steve Madden, Superga, Betsey Johnson, Betseyville, Steve Madden Kids, Stevies, Brian Atwood, Blondo, Kate Spade, and Anne Klein brands, as well as private label footwear.
