Steven Madden three quarterses degree the lousy expectation stock price tumble to be close to 9.2%

American shoe group Steven Madden Ltd.(NASDAQ:SHOO)three quarter degree's continuing is retailed by the United States the market is weak, market the guest flow the stagnation influence, sale and earnings of decrease and vogue current development to all appear backset, and again descend to adjust a whole year accomplishment expectation.Be subjected to disadvantageous accomplishment influence, Steven Madden Ltd.The stock price tumbles to be close to 9.2% before the dish, the opening quotations is behind as well in the range's vibration.

close September 30, 2014 degree for three quarters Steven Madden Ltd.The clean sale declines 0.7% to USD 392,000,000, the away below analyst expects of USD 414,300,000, wholesale section income USD 343,300,000 among them, more last year same period USD 345,900,000 is basic to decline 0.8%, retail section income to decline 0.4%, fall into USD 48,700,000 from USD 48,900,000 in last year same period, then decline with store sale 7.4%.Steven Madden Ltd.Expect for three quarters, degree each income is USD 0.61-0.62, as well the away below analyst expects of USD 0.67.

owing to procure to Dolce Vita recently and overcast environment, Steven Madden Ltd.Again descend to adjust whole yearses to expect behind and expect 2014 wealth annual incomes to soar 1-2% after the two quarters degree;(expected to 2-4% before now)Expect a whole year EPS is USD 1.81-1.86.(expected to USD 2.00-2.10 before now)

Steven Madden Ltd.Board of directors chairman, chief executive officer Edward Rosenfeld mean for three quarters, the degree accomplishment disappoints me, however still have confidence to the business model, include to procure to match long-term growth strategy with Mexican agency recalls all recently.

Steven Madden Ltd. Will release a complete wealth report on the 30th.