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Dec 31, 2020
Steve Madden Q4 2020 Earnings Report
Steve Madden's Q4 2020 earnings exceeded expectations driven by strength in digital and footwear categories.
Key Takeaways
Steve Madden reported strong Q4 2020 results, surpassing expectations with revenue of $361.4 million and diluted EPS of $0.25. The company saw significant growth in its digital business and maintained a strong financial position.
Revenue was $361.4 million, exceeding expectations.
Diluted EPS was $0.25.
Digital business grew significantly.
The company maintained a strong financial position.
Revenue by Segment
Forward Guidance
The company anticipates revenue growth in fiscal year 2021.
Positive Outlook
- Revenue is expected to increase 40 to 45 percent over 2020.
- Diluted EPS is expected to be in the range of $1.70 to $1.75.
- The company expects continued growth in its digital channels.
- New store openings are planned for strategic locations.
- Investments in marketing and product innovation are expected to drive sales.
Challenges Ahead
- Uncertainty related to the ongoing COVID-19 pandemic.
- Potential supply chain disruptions.
- Increased competition in the footwear market.
- Fluctuations in currency exchange rates.
- Changes in consumer spending patterns.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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