Steve Madden reported outstanding Q4 2021 results, with revenue increasing by 38% and diluted EPS more than doubling compared to 2019. The direct-to-consumer business saw exceptional momentum, with revenue up 63% compared to 2019, while the wholesale business also accelerated, increasing 31% compared to 2019. Overall, 2021 was a record year for Steve Madden, with the highest annual revenue and earnings in its history.
Revenue increased by 38% compared to 2019.
Diluted EPS more than doubled compared to 2019.
Direct-to-consumer revenue increased by 63% compared to 2019.
Wholesale revenue increased by 31% compared to 2019.
For fiscal 2022, the Company expects revenue will increase 10% to 13% over fiscal 2021. The Company expects diluted EPS will be in the range of $2.66 to $2.76. The Company expects Adjusted diluted EPS will be in the range of $2.73 to $2.83.