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Public signal · 1-minute delayed
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What happened, with direct paths to the underlying reporting
- Steven Madden Ltd. reported better-than-expected Q1 2024 results, with revenue and earnings growth. - Company focuses on international markets, non-footwear categories, and direct-to-consumer channels. - Shares gained 13.6% in the past six months, outperforming the industry average. - SHOO expects revenue growth of 11-13% for 2024, with adjusted earnings of $2.55-$2.65/share. Price Impact Rating: bullish Impact Horizon Rating: short-term Type: Earnings
- Steven Madden Ltd. reported better-than-expected Q1 2024 results, with revenue and earnings growth.
- Company focuses on international markets, non-footwear categories, and direct-to-consumer channels.
- Shares gained 13.6% in the past six months, outperforming the industry average.
- SHOO expects revenue growth of 11-13% for 2024, with adjusted earnings of $2.55-$2.65/share.
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