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Jun 30, 2021
Steve Madden Q2 2021 Earnings Report
Steve Madden's Q2 2021 results significantly exceeded expectations, with earnings slightly ahead of pre-COVID-19 levels.
Key Takeaways
Steve Madden reported strong second-quarter results, with earnings slightly ahead of pre-COVID-19 levels. The retail segment, particularly e-commerce, drove a significant increase in revenue. The company is confident in its ability to drive revenue and earnings growth in the back half of 2021 and beyond.
Second quarter results significantly exceeded expectations.
Earnings were slightly ahead of pre-COVID-19 second quarter 2019.
Retail segment was a standout, with e-commerce driving growth.
Company is confident in driving revenue and earnings growth in the back half of 2021 and beyond.
Revenue by Segment
Forward Guidance
For fiscal 2021, the Company expects revenue will increase 43% to 47% over fiscal 2020. The Company expects diluted EPS will be in the range of $1.90 to $2.00 and Adjusted diluted EPS will be in the range of $2.00 to $2.10.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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