Net sales improved 24.8% to $114.1 million from the $91.4 million reported in the comparable period of 2005. Operating income increased to $16.7 million compared with $12.7 million in the prior year period. Net income increased 35.1% to $10 million.

Revenues from the wholesale business increased 31.8% to $76.6 million from $58.1 million, largely driven by continued strength in the Steve Madden Women’s and Steven by Steve Madden divisions as well as from Daniel M. Freidman & Associates and SM New York.

The company designs and markets footwear and accessories for women, men and children, which are sold through 96 company-owned retail stores, department stores, and apparel and footwear specialty stores.