Benzinga | Jul 29, 2020 07:44AM EDT

Steven Madden: Q2 Earnings Insights

Shares of Steven Madden (NASDAQ:SHOO) fell 1.8% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 140.43% over the past year to ($0.19), which beat the estimate of ($0.26).

Revenue of $141,363,000 declined by 68.23% from the same period last year, which missed the estimate of $184,930,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Steven Madden hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Jul 29, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/h75thqzy

Recent Stock Performance

Company's 52-week high was at $44.80

Company's 52-week low was at $16.38

Price action over last quarter: down 6.12%

Company Profile

Steven Madden Ltd designs and sells brand-name and private-label footwear, handbags, and accessories. Its products are geared toward fashion-conscious adults and children. The company sells its products through department stores and other retailers as well as its own stores and websites. Nearly all of the company's revenue comes from three of its segments. The wholesale footwear segment accounts for the majority of revenue, while the wholesale accessories segment and retail segment contribute similar amounts. Geographically, most sales are in North America and South Africa, but the company's products also reach Europe, Asia, and Australia. Steve Madden sources products from manufacturers in Asia, Mexico, and Italy.