Steven Madden Ltd (SHOO) revealed a profit for fourth quarter that beat the Street estimates.
The company's earnings came in at $34.801 million, or $0.49 per share. This compares with $35.881 million, or $0.49 per share, last year.
Excluding items, Steven Madden Ltd reported adjusted earnings of $39.343 million or $0.55 per share for the period.
Analysts on average had expected the company to earn $0.53 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 12.0% to $582.318 million from $519.714 million last year.
Steven Madden Ltd earnings at a glance (GAAP) :
-Earnings: $34.801 Mln. vs. $35.881 Mln. last year.-EPS: $0.49 vs. $0.49 last year.-Revenue: $582.318 Mln vs. $519.714 Mln last year.
The Board will pay a quarterly cash dividend of $0.21 per share on March 21, to stockholders of record as of March 10.
Looking ahead, for the full-year 2025, the company expects net income per share of $2.30 to $2.40, below analysts’ forecast of $2.58 per share. Annual revenue growth is expected to be in the range of 17 to 19 percent. For the full-year 2024, Steven Madden has registered net income per share of $2.35, with revenue of $2.282 billion. SHOO was up by 5.57 percent at $40 in the pre-market trade on the Nasdaq.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.