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Stock impact report

Steve Madden Announces Third Quarter Results

Steven Madden, Ltd. (SHOO) 
Last steven madden, ltd. earnings: 2/27 06:59 am Check Earnings Report
Company Research Source: GlobeNewswire
~ Narrows Full Year 2018 Guidance to the High End ~~ Increases Quarterly Dividend ~ LONG ISLAND CITY, N.Y., Oct. 30, 2018 (GLOBE NEWSWIRE) -- 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 third quarter ended September 30, 2018. Amounts referred to as “Adjusted” exclude the items that are described under the heading “Non-GAAP Adjustments.” All share and per share data provided herein is adjusted retroactively for the three-for-two stock split effective October 12, 2018. For the Third Quarter 2018: Net sales increased 3.9% to $458.5 million compared to $441.2 million in the same period of 2017.Gross margin was 38.2% compared to 37.6% in the same period last year, an increase of 60 basis points.Operating expenses as a percentage of sales were 24.0% compared to 23.8% of sales in the same period of 2017.  Adjusted operating expenses as a percentage of sales were Show less Read more
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