Steven Madden Ltd (NASDAQ:SHOO) Q3 2022 Earnings Conference Call November 2, 2022 8:30 AM ET

Company Participants

Danielle McCoy - Director, Corporate Development & IR

Edward Rosenfeld - Chairman & CEO

Zine Mazouzi - CFO

Conference Call Participants

Aubrey Tianello - BNP Paribas

Paul Lejuez - Citigroup

Marni Shapiro - The Retail Tracker

Steven Marotta - CL King & Associates

Tom Nikic - Wedbush Securities

Samuel Poser - Williams Trading

Dana Telsey - Telsey Advisory Group

Jay Sole - UBS

Laura Champine - Loop Capital Markets

Operator

Good day, and thank you for standing by. Welcome to the Q3 2022 Steve Madden, Ltd. Earnings Conference Call. [Operator Instructions]. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Danielle McCoy. Please go ahead.

Danielle McCoy

Thanks, Bella, and good morning, everyone. Thank you for joining our third quarter 2022 earnings call and webcast. Before we begin, I'd like to remind you that our remarks that follow, including answers to your questions, contain statements that we believe to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements are subject to risks that could cause actual results to materially differ from those expressed or implied by such forward-looking statements. These risks include, among others, matters that we have described in our press release issued earlier today and filings we make with the SEC. We disclaim any obligation to update these forward-looking statements, which may not be updated until our next quarterly earnings conference call, if at all.

The financial results discussed on today's call are on an adjusted basis, unless otherwise noted. A reconciliation to the most directly comparable GAAP financial measure and other associated disclosures are contained in our earnings release. Joining me today on the call is Ed Rosenfeld, Chairman and Chief Executive Officer, and Zine Mazouzi, Chief Financial Officer. With that, I'll turn the call over to Ed.

Edward Rosenfeld

Thanks, Danielle. Good morning, everyone, and thank you for joining us to review Steve Madden's third quarter 2022 results. We delivered solid results in the third quarter despite the challenging environment, with revenue increasing 5% and earnings in line with expectations. While macro pressures increased during the quarter, consumer demand for our brands and our products remains healthy, and our team remains steadfast in its focus on executing our strategy for long-term value creation.