Steven Madden, Ltd. (NASDAQ:SHOO) Q1 2024 Earnings Conference Call May 1, 2024 8:30 AM ET

Company Participants

Danielle McCoy - VP of Corporate Development & Investor Relations
Edward Rosenfeld - Chairman & Chief Executive Officer
Zine Mazouzi - Chief Financial Officer

Conference Call Participants

Paul Lejuez - Citi
Sam Poser - Williams Trading
Jay Sole - UBS
Janine Stichter - BTIG
Aubrey Tianello - BNP Paribas
Corey Tarlowe - Jefferies
Laura Champine - Loop
Dana Telsey - Telsey Advisory Group

Operator

Good day, and thank you for standing by. Welcome to the Steven Madden First Quarter 2024 Results Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [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, Didi and good morning, everyone. Thank you for joining our first quarter 2024 earnings call and webcast. Before we begin, I'd like to remind you that our remarks may 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 on the call today 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

Right. Thank you, Danielle and good morning everyone, and thank you for joining us to review Steven Madden's first quarter 2024 results. So we got off to a strong start to 2024 with first quarter revenue increasing 19% and diluted EPS rising 30% compared to the same period in 2023. These results are the direct result of our team's disciplined execution of our strategy for long-term growth.