Steve Madden Q1 revenue rises 19.1% to $552.4 million; diluted EPS $0.60
Steve Madden reported first quarter 2024 revenue up 19.1% to $552.4 million and diluted EPS of $0.60, up from $0.48 a year earlier. The company said it continues to expect fiscal 2024 revenue growth of 11% to 13% and diluted EPS of $2.51 to $2.61, and declared a $0.21 quarterly dividend.
Key points
- Revenue rose 19.1% to $552.4 million from $463.8 million; wholesale revenue rose 21.0% to $438.2 million.
- Diluted EPS was $0.60 versus $0.48; adjusted diluted EPS was $0.65 versus $0.50.
- Gross profit was 40.7% of revenue, down from 42.1% a year earlier.
- Quarterly dividend of $0.21 per share is payable June 21, 2024 to holders of record as of June 10, 2024; 2024 outlook was maintained.
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.