Second Quarter Margin Projections: What This Means for Shoe Firms
UBS analyst Jay Sole expects Steven Madden Ltd. could miss analysts’ second quarter gross margin estimates due to inventory issues connected with its Kurt Geiger operation. Peter Dazeley/Getty Images Are Q2 gross margin expectations too high for some shoe firms? Maybe. Softline companies are manageing their inventory well, said UBS analyst Jay Sole. After analyzing […]