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Steve Madden (SHOO) Reports Strong Preliminary Q1 Financials; Guides Higher for FY09

April 23, 2009 7:43 AM EDT
SHOO Hot Sheet
Financial Fact:
Net income attributable to Steven Madden, Ltd.: 21.87M

Today's EPS Names:
TARO, BRLI, TLB, More
Steve Madden (Nasdaq: SHOO) expects net sales for the first quarter 2009 to be between $106 million and $107 million. (Consensus is $96.22M)

EPS for the first quarter of 2009 is expected to be in the range of $0.35 to $0.37. (Consensus is $0.24)

Diluted EPS for 2009 is now expected to be in the range of $1.85 to $1.95. This compares to previous guidance of $1.40 to $1.55. (Consensus is $1.47)

[SM]

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