Steve Madden Announces First Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Steve Madden (SHOO) Misses Q1 EPS by 4c, Revenues Beat
May 28, 2020 7:00 AM EDTSteve Madden (NASDAQ: SHOO) reported Q1 EPS of $0.16, $0.04 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $359.2 million versus the consensus estimate of $356.34 million.
First Quarter 2020 Review
Revenue decreased 13.6% to $359.2 million compared to $415.8 million in the same period of 2019.Gross margin was 37.2% compared to 38.9% in the same period last year.Operating expenses as a percentage of revenue were 41.8% compared to 28.2% of revenue in the same period of 2019. Adjusted operating expenses as a percentage of... More