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Steve Madden reports lackluster sales growth

2016-01-12 01:03:46| Footwear - Topix.net

Steven Madden Ltd. reported disappointing fourth-quarter sales that the shoe retailer blamed on a challenging retail environment and warmer weather. As a result, the Long Island City, N.Y., company now sees profits for the whole fiscal year at the low end of the company's previously provided guidance, which was for per-share earnings between $1.85 and $1.95.

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