Steven Madden, Ltd. (SHOO): Steven Madden's CEO Presents at Goldman ...
Taposh Bari - Goldman Sachs
And we're going to start off with three questions that we're asking all the companies, and then we'll get into some Q&A. And if you have any questions, you can raise your hand and we'll pass the microphone over to you, circulating throughout the room.
So first is, expectations -- we're asking all the companies in the conference the same question. So the first one is, expectations on the environment, the way you see it into the second half of this year better or same versus the run rate that you've seen from your second quarter results? And how are you thinking preliminarily in terms of the at least the topline environment in 2014 vis-à-vis or 2Q run rate as well?
Sure. We're essentially expecting the back half to be similar to what we saw in the first half. And frankly that's a somewhat challenged environment. Traffic trend has been difficult for I think most soft goods retailers, frankly, throughout the year, and we're expecting that to continue in the back half year.