Welcome to our dedicated news page for Steven Madden (Ticker: SHOO), a resource for investors and traders seeking the latest updates and insights on Steven Madden.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Steven Madden's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Steven Madden's position in the market.
In Q1 2024, Steven Madden, reported a 19.1% revenue increase to $552.4 million, with adjusted gross profit at 40.7%. Operating expenses decreased to 30.1%. Net income rose to $43.9 million, or $0.60 per diluted share. The company plans to boost revenue by 11-13% in 2024.
