Steven Madden Reports Q2 Earnings Above Estimates; Reiterates FY22 Outlook
Steven Madden Ltd (NASDAQ: SHOO ) reported second-quarter FY22 sales growth of 34.5% year-on-year to $535 million, beating the consensus of $487.68 million. Revenue for the wholesale business increased 51.5% to $397.1 million, and Direct-to-consumer revenue rose 2.2% to $135.5 million. The gross profit margin contracted … Full story available on Benzinga.com
Steven Madden Reports Q2 Earnings Above Estimates; Reiterates FY22 Outlook
Steven Madden Ltd (NASDAQ: SHOO ) reported second-quarter FY22 sales growth of 34.5% year-on-year to $535 million, beating the consensus of $487.68 million. Revenue for the wholesale business increased 51.5% to $397.1 million, and Direct-to-consumer revenue rose 2.2% to $135.5 million. The gross profit margin contracted … Full story available on Benzinga.com