09:27 AM EST, 11/07/2024 (MT Newswires) -- Steven Madden (SHOO) reported Q3 adjusted net income Thursday of $0.91 per diluted share, up from $0.88 a year earlier.

Analysts polled by Capital IQ expected $0.89.

Revenue for the quarter ended Sept. 30 was $624.7 million, up from $552.7 million a year earlier.

Analysts surveyed by Capital IQ expected $614.5 million.

Steven Madden said it now expects 2024 adjusted EPS of about $2.62 to $2.67, compared with $2.55 to $2.65 previously. Analysts polled by Capital IQ expect $2.64.

The company also said it has retained its quarterly dividend at $0.21 per share, payable Dec. 27 to shareholders of record on Dec. 13.

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