Steven Madden (SHOO) Tops Q1 EPS by 3c, Guides FY EPS Below Consensus

Steven Madden (NASDAQ: SHOO) reported Q1 EPS of $0.54, $0.03 better than the analyst estimate of $0.51. Revenue for the quarter came in at $389 million versus the consensus estimate of $379.45 million.

GUIDANCE:

Steven Madden sees FY2018 EPS of $2.60-$2.67, versus the consensus of $2.68.

• For fiscal year 2018, the Company continues to expect net sales will increase 5% to 7% over net sales in 2017.

For earnings history and earnings-related data on Steven Madden (SHOO) click here.

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