HighGravityData

Steven Madden — Nov 7, 2024 release

Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001493152-24-043910
Open on SEC.gov ↗
Showing in the filing
Quarterly cash dividend
“$0.21 per share”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 8
Quarterly cash dividend
“$0.21 per share”
Quarterly cash dividend payment
“payable on December 27, 2024 to stockholders of record as of the close of business on December 13, 2024”
Revenue for FY2024
“will increase 13% to 14% compared to 2023”
Revenue increase vs. 2023 for FY2024
“increase 13% to 14%”
Diluted EPS for FY2024
“will be in the range of $2.36 to $2.41”
Adjusted diluted EPS for FY2024
“will be in the range of $2.62 to $2.67”
GAAP diluted net income per share for FY2024
“$2.36” – “$2.41”
Adjusted diluted net income per share for FY2024
“$2.62” – “$2.67”
Exhibit 99.1 · the passage around this item
… earlier in the release
  During the third quarter of 2024, the Company spent $20.2 million on repurchases of its common stock, which includes shares acquired through the net settlement of employees’ stock awards.   Quarterly Cash Dividend   The Company’s Board of Directors approved a quarterly cash dividend of $0.21 per share. The dividend is payable on December 27, 2024 to stockholders of record as of the close of business on December 13, 2024.   Updated 2024 Outlook   For fiscal 2024, the Company now expects revenue will increase 13% to 14% compared to 2023. The Company now expects diluted EPS will be in the range of $2.36 to $2.41. The Company now expects Adjusted diluted EPS will be in the range of $2.62 to $2.67.   Conference Call Information   Interested stockholders are invited to listen to the conference call scheduled for today, November 7, 2024, at 8:30 a.m. Eastern Time, which will include a discussion of the Company’s third quarter 2024 earnings results and 2024 outlook. The call will be webcast live on the Company’s website at https://investor.stevemadden.com . A webcast replay of the conference call will be available on the Company’s website or via the following webcast link https://edge.media-server.com/mmc/p/ktw3zrco beginning today at approximately 10:00 a.m. Eastern Time.   About Steve Madden   Steve Madden designs, sources and markets fashion-forward footwear, accessories and apparel. In addition to marketing products under its own brands including
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.