Investing Insight
Long/short equity, growth at reasonable price, contrarian, growth

Steven Madden Is Offering Decent Upside With Limited Down Side

Steven Madden (NASDAQ:SHOO) is a small cap fashion and footwear wholesale company that has transformed its business over the last decade. The company has been able to grow its net sales at a CAGR of 28 percent over the last five years. Through various acquisitions and licensing agreements SHOO has been able to diversify its business in terms of region, product, and brands.

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Source: SHOO Financial Reports

Despite outperforming its peers over the last few years the company is still low-cost due to trailing twelve months and forward multiples. I believe that the future prospects of the company have not been completely priced thus making it a good investment opportunity. Poised to outperform the industry...

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