Q2 net sales increase 15 percent at Steve Madden

For the second quarter, net sales at Steve Madden increased 15 percent to 374.1 million dollars compared to 325.4 million dollars in the same period of 2016. The company reported net income of 29 million dollars or 0.50 dollar per diluted share, while adjusted net income was 29.7 million dollars or 0.51 dollar per diluted share, compared to 24.7 million dollars or 0.41 dollar per diluted share, in the prior year's second quarter.