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Stock impact report

Steve Madden Announces Third Quarter 2024 Results [Yahoo! Finance]

Steven Madden, Ltd. (SHOO) 
Last steven madden, ltd. earnings: 2/27 06:59 am Check Earnings Report
Company Research Source: Yahoo! Finance
footwear, accessories and apparel, today announced financial results for the third quarter ended September 30, 2024. Amounts referred to as “Adjusted” are non-GAAP measures that exclude the items defined as “Non-GAAP Adjustments” in the “Non-GAAP Reconciliation” section. Third Quarter Results Revenue increased 13.0% to $624.7 million, compared to $552.7 million in the same period of 2023. Gross profit as a percentage of revenue was 41.5%, compared to 42.1% in the same period of 2023. Adjusted gross profit as a percentage of revenue was 41.6% in the third quarter of 2024. Operating expenses as a percentage of revenue were 28.6%, compared to 27.1% in the same period of 2023. Adjusted operating expenses as a percentage of revenue were 27.9%, compared to 27.0% in the same period of 2023. Income from operations totaled $74.6 million, or 11.9% of revenue, compared to $82.7 million, or 15.0% of revenue, in the same period of 2023. Adjusted income from operations totaled $85.4 mil Show less Read more
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