Steven Madden reports Q4 adjusted EPS 55c, consensus 53c

Reports Q4 revenue $582.3M, consensus $550.37M. Edward Rosenfeld, Chairman and CEO, commented, “We are pleased to have delivered earnings results at the high end of our guidance range for the Q4 and FY24. For the year, revenue grew 15% and Adjusted diluted EPS increased 9% compared to 2023. Our strong performance in 2024 was driven by our team’s disciplined execution of our key strategic initiatives, with robust gains in international markets, non-footwear categories and direct-to-consumer channels, as well as a return to revenue growth in our U.S. wholesale footwear business.”