Steven Madden, Ltd. (NASDAQ:SHOO) Q3 2023 Earnings Conference Call November 8, 2023 6:00 AM ET

Company Participants

Danielle McCoy - Vice President of Corporate Development and Investor Relations

Edward Rosenfeld - Chairman and Chief Executive Officer

Zine Mazouzi - Chief Financial Officer

Conference Call Participants

Aubrey Tianello - BNP Paribas

Tom Nikic - Wedbush

Laura Champine - Loop

Janine Stichter - BTIG

Corey Tarlowe - Jefferies

Samuel Poser - Williams Trading

Jay Sole - UBS

Operator

Good day and welcome to the Steven Madden, Ltd. Third Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode. [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, VP of Corporate Development and Investor Relations. Please go ahead.

Danielle McCoy

Thanks, Abigail, and good morning, everyone. Thank you for joining our third quarter 2023 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 into 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. Ed?

Edward Rosenfeld

Thanks, Danielle, and good morning, everyone, and thank you for joining us to review Steven Madden's third quarter 2023 results.

We were pleased to return to year-over-year earnings growth in the third quarter demonstrating the strength and durability of our business models in challenging operating environments. After a tough first half, where we saw significant year-over-year declines in revenue and earnings, we drove strong improvement in our financial performance in Q3.