Earnings Call Summary | Steven Madden(SHOO.US) Q1 2024 Earnings Conference
Earnings Call Summary | Steven Madden(SHOO.US) Q1 2024 Earnings Conference
The following is a summary of the Steven Madden, Ltd. (SHOO) Q1 2024 Earnings Call Transcript:
以下是史蒂芬·麥登有限公司（SHOO）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
Steven Madden's Q1 2024 revenue increased by 19% to $552.4 million compared to Q1 2023, driven by growth in both Wholesale and Direct-to-consumer segments.
Wholesale revenue rose 21% to $438.2 million, with footwear revenue accounting for $295.7 million, a 4.7% increase from Q1 2023. Remarkably, the Wholesale accessories and apparel revenue rose dramatically by 78.6% to $142.6 million.
The Direct-to-consumer segment boasted revenue growth of 12.8% to $112.3 million compared to the first quarter of 2023.
Enhanced financial performance is implied with net income rising to $47 million or $0.65 per diluted share from $37.6 million or $0.50 per diluted share in Q1 2023.
Future projections indicate a promising 11% to 13% year-over-year growth in 2024.
與2023年第一季度相比，史蒂芬·麥登2024年第一季度的收入增長了19％，達到5.524億美元，這得益於批發和直接面向消費者的領域的增長。
批發收入增長了21％，達到4.382億美元，其中鞋類收入爲2.957億美元，比2023年第一季度增長了4.7％。值得注意的是，批發配飾和服裝收入大幅增長了78.6％，達到1.426億美元。
與2023年第一季度相比，直接面向消費者的板塊收入增長了12.8％，達到1.123億美元。
這意味着財務業績得到改善，淨收益從2023年第一季度的3,760萬美元或攤薄每股收益0.50美元增至4700萬美元，攤薄每股收益0.65美元。
未來的預測表明，2024年有望實現11％至13％的同比增長。
Business Progress:
業務進展：
Steven Madden's business continues to expand globally with a 15% revenue growth in international markets.
Further growth was driven by a 73% rise in accessories and apparel revenue, a return to growth in U.S. Wholesale footwear business with a 5% revenue increase, and successful growth in both digital and brick-and-mortar channels by 13%.
Steven Madden also marked an improved operating margin of up to 11% for the quarter from 10.3% in Q1 of 2023.
Additionally, a noted 30% growth in their Private label footwear business and a margin growth by 100 basis points - mainly attributed to the expansion in Madden Girl and Madden NYC apparel, highlight profitable business strategies.
Steven Madden, Ltd. continues to invest in its handbag business, international market penetration, and direct-to-consumer channels in the U.S, aiming for increased brand presence and revenue growth.
史蒂芬·馬登的業務繼續在全球擴張，國際市場收入增長了15％。
進一步增長是由配飾和服裝收入增長73％，美國批發鞋類業務恢復增長，收入增長了5％，數字和實體渠道成功增長了13％。
史蒂芬·馬登還表示，本季度的營業利潤率從2023年第一季度的10.3％提高了11％。
此外，其自有品牌鞋類業務顯著增長了30％，利潤率增長了100個點子，這主要歸因於Madden Girl和Madden NYC服裝的擴張，這凸顯了盈利的業務戰略。
Steven Madden, Ltd. 繼續投資其手袋業務、國際市場滲透率和在美國的直接面向消費者的渠道，旨在提高品牌知名度和收入增長。
More details: Steven Madden IR
更多詳情： Steven Madden IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。