Steven Madden (SHOO) Tops Q2 EPS by 6c, Raises FY EPS Guidance
Steven Madden (NASDAQ: SHOO) reported Q2 EPS of $0.51, $0.06 better than the analyst estimate of $0.45. Revenue for the quarter came in at $374.1 million versus the consensus estimate of $355.29 million.
GUIDANCE:
Steven Madden sees FY2017 EPS of $2.18-$2.24, versus the consensus of $2.19.
- The Company now expects that net sales in fiscal year 2017 will increase 9% to 11% over net sales in 2016
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