Steven Madden (SHOO) Tops Q2 EPS by 6c, Raises FY EPS Guidance

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Steve Madden Announces Second Quarter 2017 Results

August 1, 2017 6:59 AM EDT

LONG ISLAND CITY, N.Y.--(BUSINESS WIRE)-- Steve Madden (Nasdaq: SHOO), a leading designer and marketer of fashion footwear and accessories for women, men and children, today announced financial results for the second quarter ended June 30, 2017.

Amounts referred to as Adjusted exclude the items that are described under the heading Non-GAAP Adjustments.

For the Second Quarter 2017:

Net sales increased 15.0% to $374.1 million compared to $325.4 million in the same period of 2016. Gross margin was 37.3%. Adjusted gross margin was 37.4% as compared to 37.2% in the same... More