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Steven Madden, Ltd. (SHOO) Tops Q4 EPS by 7c; Guides FY11 EPS Above; Comps Up 14.1%

February 22, 2011 7:26 AM
Steven Madden, Ltd. (NASDAQ: SHOO) reported Q4 EPS of $0.62, $0.07 better than the analyst estimate of $0.55. Revenue for the quarter came in at $161 million versus the consensus estimate of $156.97 million.

Steven Madden, Ltd. sees FY2011 EPS of $3.00-$3.10, versus the consensus of $2.99.

Wholesale sales increased 17.7% while retail sales rose 10.1%, with comparable store sales up 14.1% for the fourth quarter.

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Earnings Guidance Retail Sales