×
323
Fashion Jobs
ADIDAS
sr. Specialist - Finance Operations Data Management
Permanent · CHENNAI
ADIDAS
Senior Specialist - Finance Operations Data Management
Permanent · CHENNAI
ADIDAS
Senior Specialist - Finance Operations D2C
Permanent · CHENNAI
ADIDAS
Manager, Digital Platform Operations, Apac
Permanent · GURUGRAM
ADIDAS
Senior Specialist - Finance Operations Data Management
Permanent · CHENNAI
MAHLE
Asst. Manager- Production
Permanent · Greater Noida
POLYCAB
Area Sales Manager - Switches & Switchgear - Ahmedabad
Permanent · Ahmedabad
MEDCIS PATHLABS INDIA PVT LTD
Medcis Path Labs is Hiring For Pathology Area Sales Manager-Chennai
Permanent · Chennai
TIME TECHNOPLAST
Area Sales Manager
Permanent · Andheri
LIFE TURN MANAGEMENT CONSULTANT
sr. Manager Production - Sricity, Tada - Mnc Company - Engineering Ind
Permanent · Tada
MCKENZIE
Hiring For Retail Store Merchandiser / Manager
Permanent · Chennai
V2B GLOBAL CONSULTANTS
sr Technician Apparel -Buying Office
Permanent · Gurugram
MANPOWERGROUP SERVICES INDIA
Opening || Horeca Sales Manager || Kolkata
Permanent · Kolkata
ADIDAS
Senior Product Owner - Machine Learning & ai
Permanent · GURUGRAM
ADIDAS
Senior Technology Consultant - Omnichannel
Permanent · GURUGRAM
PUMA
Manager- Warehouse (B2C)
Permanent · Bengaluru
HARMAN FINOCHEM
sr. Manager- Api Production For Srp With Leading Pharma @ Aubad
Permanent · Aurangabad
PNB HOUSING
Area Sales Manager
Permanent · Thane
PNB HOUSING
Area Sales Manager
Permanent · Pune
JM FINANCIAL HOME LOANS LTD
Area Sales Manager - Home Loans
Permanent · Chennai
DANIEL WELLINGTON
IT Support Specialist
Permanent · MUMBAI
DBS BANK
Hiring For Area Sales Manager - Gold Loan
Permanent · Karaikal
By
Reuters
Published
May 5, 2011
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Steven Madden Q1 profit rises

By
Reuters
Published
May 5, 2011

May 5 - Steven Madden posted a bigger quarterly profit as its fashionable shoes and boots sold well, and raised its yearly forecast.


Steve Madden

For the full year, it expects to earn $2.03-$2.10 a share, up from the $2.00-$2.07 expected earlier. The new forecast still fell short of estimates.

The company, whose lines include flagship brand Steve Madden, Stevies and Candies, had earlier warned of margin pressures in 2011 as it shifts its sales model and sells private labels at discounters like Target Corp .

For the first quarter, the Long Island City, New York-based company earned $17.9 million, or 63 cents a share, compared with$15.4 million, or 55 cents a share last year.

Sales rose 26 percent to $165.8 million.

The company, founded by Steve Madden in 1990 with $1,100 in his bank account, ran 83 retail locations and four outlet stores by the end of the quarter.

It also declared a three-for-two stock split, in the form of a stock dividend. It is entitled to all stockholders of record at the close of business on May 20.

Shares of the company had closed at $51.70 on Nasdaq, on Wednesday. (Reporting by Nivedita Bhattacharjee and Renju Jose; Editing by Don Sebastian)

© Thomson Reuters 2023 All rights reserved.