Steven Madden (SHOO - Free Report) reported $552.38 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 19.1%. EPS of $0.65 for the same period compares to $0.50 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $522.11 million, representing a surprise of +5.80%. The company delivered an EPS surprise of +16.07%, with the consensus EPS estimate being $0.56.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Steven Madden performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Commission and licensing fee income: $1.81 million versus $2.72 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -13.5% change.
- Total Revenue- Net Sales: $550.57 million versus the three-analyst average estimate of $520.26 million. The reported number represents a year-over-year change of +19.2%.
- Revenue- Total Wholesale: $438.24 million versus $414.75 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +21% change.
- Revenue- Direct-to-Consumer: $112.33 million versus the two-analyst average estimate of $108.50 million. The reported number represents a year-over-year change of +12.8%.
- Total Revenue- Wholesale Accessories/Apparel: $142.58 million versus the two-analyst average estimate of $121.84 million. The reported number represents a year-over-year change of +78.6%.
- Total Revenue- Wholesale Footwear: $295.66 million versus the two-analyst average estimate of $292.91 million. The reported number represents a year-over-year change of +4.7%.
View all Key Company Metrics for Steven Madden here>>>Shares of Steven Madden have returned -1.9% over the past month versus the Zacks S&P 500 composite's -2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Highest Returns for Any Asset Class
It’s not even close. Despite ups and downs, Bitcoin has been more profitable for investors than any other decentralized, borderless form of money.
No guarantees for the future, but in the past three presidential election years, Bitcoin’s returns were as follows: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%. Zacks predicts another significant surge in months to come.
Hurry, Download Special Report – It’s FREE >>
Steven Madden (SHOO - Free Report) reported $552.38 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 19.1%. EPS of $0.65 for the same period compares to $0.50 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $522.11 million, representing a surprise of +5.80%. The company delivered an EPS surprise of +16.07%, with the consensus EPS estimate being $0.56.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Steven Madden performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Commission and licensing fee income: $1.81 million versus $2.72 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -13.5% change.
- Total Revenue- Net Sales: $550.57 million versus the three-analyst average estimate of $520.26 million. The reported number represents a year-over-year change of +19.2%.
- Revenue- Total Wholesale: $438.24 million versus $414.75 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +21% change.
- Revenue- Direct-to-Consumer: $112.33 million versus the two-analyst average estimate of $108.50 million. The reported number represents a year-over-year change of +12.8%.
- Total Revenue- Wholesale Accessories/Apparel: $142.58 million versus the two-analyst average estimate of $121.84 million. The reported number represents a year-over-year change of +78.6%.
- Total Revenue- Wholesale Footwear: $295.66 million versus the two-analyst average estimate of $292.91 million. The reported number represents a year-over-year change of +4.7%.
View all Key Company Metrics for Steven Madden here>>>Shares of Steven Madden have returned -1.9% over the past month versus the Zacks S&P 500 composite's -2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Highest Returns for Any Asset Class
It’s not even close. Despite ups and downs, Bitcoin has been more profitable for investors than any other decentralized, borderless form of money.
No guarantees for the future, but in the past three presidential election years, Bitcoin’s returns were as follows: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%. Zacks predicts another significant surge in months to come.
Hurry, Download Special Report – It’s FREE >>
Get the latest research report on SHOO - FREE