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Steve Madden Beats Street Expectations Ahead of Incoming Payless Bankruptcy Headwinds

Stores are opening but will consumers return? Join Cushman & Wakefield and rue21 for the Retail in Recovery webinar June 17 at 2 pm ET.

Steve Madden released its latest full-year and Q4 financial report Wednesday, revealing higher-than-expected sales and earnings in Fiscal Year 2018 despite incoming headwinds caused by a higher tax burden and the bankruptcy of Payless ShoeSource. In a nutshell: Steve Madden stock (SHOO) was up nearly 5 percent in early trading Wednesday after it released the…

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