Slight dip in sales at Steve Madden
02/11/2016
Footwear group Steve Madden reported a 1.2% drop in revenue during the third quarter of 2016. Sales for the period were $408.4 million, on which the company achieved net income of $43.8 million. Wholesale sales dropped 2.9% year-on-year to $346.6 million, but retail sales jumped 9.6% to $61.8 million. Ed Rosenfeld, chairman of Steve Madden, said ...
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