Company Earnings UpdateSteve Madden (NASDAQ: SHOO) 1Q19 Results: Steve Madden Women’s Wholesale and Accessories Drive Strong Momentum Coresight Research April 30, 2019 Executive Summary 1Q19 sales rose 5.6% driven by strong growth in wholesale accessories. Same-store sales rose 6.3% driven by the strong performance in e-commerce. The adjusted operating margin expanded 80 basis points (bps) to 11.0% of sales. Adjusted EPS increased 16.7% to $0.42. The company raised its 2019 sales and earnings guidance, raising EPS guidance to $1.76-1.84 from $1.70-1.78. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Navigating TikTok’s Uncertainty: Analyzing Challenges and Emerging User Migration TrendsThree Data Points We’re Watching This Week, Week 28: US Retail and Consumer LatestFive Ways AI Is Being Used in Apparel and Footwear Retailing—and What’s NextAnalyst Corner: Wayfair Turns a Profit for the First Time in Four Years—Four Drivers of Its Performance, with Madhav Pitaliya
