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.