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Steven Madden's (NASDAQ:SHOO) Q4 Sales Beat Estimates

Shoe and apparel company Steven Madden (NASDAQ:SHOO) announced better-than-expected results in Q4 FY2023, with revenue up 10.4% year on year to $519.7 million. It made a GAAP profit of $0.49 per share, improving from its profit of $0.44 per share in the same quarter last year.

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Steve Madden (SHOO) Tops Sales and Earnings Projections in 2023 – Footwear News

Steve Madden (SHOO) Tops Sales and Earnings Projections in 2023 – Footwear News
footwearnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from footwearnews.com Daily Mail and Mail on Sunday newspapers.

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Steve Madden Tops Sales and Earnings Projections

The company offered a strong sales outlook for 2024.

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Steve Madden Shrugs Off Impact of Macy's Closures

Macy's, a major vendor for Steve Madden, said it would close about 150 stores through 2026.

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Steve Madden Says Macy's Store Closures Will Have Little Impact – Footwear News

Following a strong 2023, Steve Madden executives addressed concerns regarding how recently announced Macy's closures could impact wholesale business.

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