×
315
Fashion Jobs
LOVISA
Regional Manager
Permanent ·
THE JUST GROUP
Office Administrator
Permanent · Auckland
ESTEE LAUDER
bb/cl/el/jm/lm/Mac/tf - Freelance Consultant - Auckland - on-Call/Freelance
Permanent · Auckland
H&M
Christmas Sales Advisor - Commercial Bay
Permanent · AUCKLAND
H&M
Christmas Sales Advisor - Sylvia Park
Permanent · AUCKLAND
H&M
Christmas Sales Advisor - New Market
Permanent · AUCKLAND
JACQUI E
Sales Assistant - Part Time - Jacqui e nz - Riccarton
Permanent · Christchurch
JUST JEANS
Sales Assistant - Part Time - Just Jeans nz - Botany
Permanent · Auckland
JUST JEANS
Sales Assistant - Part Time - Just Jeans nz - Botany
Permanent · Auckland
JAY JAYS
Assistant Store Manager - Jay Jays nz- Hamilton
Permanent · Waikato
JD SPORTS
3ic - Sylvia Park
Permanent · Auckland
JAY JAYS
Christmas Casual - Jay Jays nz - Porirua
Permanent · Wellington
JAY JAYS
Christmas Casual - Jay Jays nz - Lower Hutt
Permanent · Wellington
JUST JEANS
Christmas Casual - Just Jeans nz - Porirua
Permanent · WELLINGTON
JUST JEANS
Christmas Casual - Just Jeans nz - Lambton Quay
Permanent · Wellington
JUST JEANS
Christmas Casual - Just Jeans nz - Lower Hutt
Permanent · Wellington
JUST JEANS
Christmas Casual - Just Jeans nz - Napier
Permanent · Wellington
JUST JEANS
Christmas Casual - Just Jeans nz - Masterton
Permanent · Wellington
JUST JEANS
Sales Assistant - Casual - Just Jeans nz- Porirua
Permanent · Wellington
JUST JEANS
Sales Assistant - Part Time - Just Jeans nz - Porirua
Permanent · Wellington
JD SPORTS
Supervisor - New Store Opening - Hamilton
Permanent · Hamilton
JD SPORTS
Back of House Supervisor - New Store Opening - Hamilton
Permanent · Hamilton
By
Reuters
Published
Nov 6, 2008
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Steven Madden Q3 beats Street; raises 2008 outlook

By
Reuters
Published
Nov 6, 2008


www.stevemadden.com

* Q3 EPS $0.62 beats estimate by $0.09

* Madden Girl and Daniel M. Friedman brands boost sales

* Q3 sales $128.1 mln, beats estimates by $9.5 mln

* Raises 2008 outlook

Nov 6 (Reuters) - Shoe maker Steven Madden Ltd posted better-than-expected quarterly results, helped by strong sales in its Madden Girl and Daniel M. Friedman brands, and raised its 2008 outlook.

However, the company said it remained cautiously optimistic about the fourth quarter and full year, adding that it was maintaining a "conservative approach to managing the business through this volatile period in the retail industry."

For the third quarter, the company posted net income of $11.1 million, compared with $10.9 million a year earlier. Same-store sales increased 7.8 percent.

For 2008, Steven Madden, known for its fashionable shoes and accessories, sees earnings of $1.65 to $1.70 a share, up from its prior view of $1.55 to $1.65 a share, both excluding a one-time charge.

The company now expects sales growth of 5 percent to 6 percent for the year, up from its earlier outlook of a flat to 2 percent increase.

Steven Madden shares closed at $19.36 Wednesday on Nasdaq.

For the press release, please double-click

For the alerts, double-click (Reporting by Dilipp S Nag in Bangalore; Editing by Himani Sarkar)

© Thomson Reuters 2022 All rights reserved.