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The global fashion business journal

Aug 12, 20204:56am

Steve Madden earns 6.9% more and grows 3% in 2019

The company reached sales of 1.8 billion dollars and a net income profit of 147 million dollars in the last year.

Feb 27, 2020 — 6:54pm
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Steve Madden earns 6.9% more and grows 3% in 2019

 

 

Steve Madden ends 2019 on the rise. The US footwear company has ended the year 2019 (closed on December 31) with an increase in revenue of 6.6%, to 1.8 billion dollars.

 

The company’s net result has also ended on a positive note. Steve Madden has raised its profit by 13%, to 147 million dollars compared to 130 million dollars in the previous year.

 

Looking ahead to 2020, the company anticipates the year to remain in line with 2019 and places a 1% increase in its revenue. Steve Madden has ended 2019 with 227 stores, in addition to the online store, which is available in eight countries, and of the 31 stores company-operated concessions in international markets.

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