Steven Madden’s net revenues slid by 1.5 percent to $106.7...

Steven Madden’s net revenues slid by 1.5 percent to $106.7 million in the 1st quarter ended March 31. The gross margin declined by 3.1 percentage points to 39.6 percent, due to a lower margin in the wholesale business, partially offset by a higher margin in the retail division. Operating income ...

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