Through its fourproduct groups OD-Domestic OD-Expedited OD-Global and OD- Technology theCompany offers an array of innovative products

Through its fourproduct groups, OD-Domestic, OD-Expedited, OD-Global and OD- Technology, theCompany offers an array of innovative products and services that provide directservice to 48 states within the Southeast, Gulf Coast, Northeast, Midwest,Central and West regions of the country. Updated Full Year 2009 Guidance:For fiscal 2009, the Company now expects net sales to range from flat to adecline of 2% compared to 2008, again incorporating shifts in the Candies andInternational businesses. Net sales for the first quarter of 2009 will reflect shifts related to theCompany`s Candies and International businesses. Candies has been transitioned toa “first cost” model from a wholesale model, and therefore revenue will now berecorded in other income.

As a result of this change, net sales for the firstquarter of 2009 will not reflect Candies revenue while net sales in the firstquarter of 2008 reflected revenue of $4.9 million for the Candies business. Inits International business, the Company shifted to a wholesale model from a”first-cost” model, and therefore revenue will now be recorded in net salesversus other income in last year`s first quarter. As a result of this change,net sales will reflect $5.2 million in International revenue in the firstquarter of 2009 as compared to no revenue recorded in net sales for theInternational business in the first quarter of 2008. EPS for the first quarter of 2009 is expected to be inthe range of $0.35 to $0.37. This compares to EPS of $0.10 for the first quarterof 2008 which included a $0.15 charge related to the resignation of theCompany’s former chief executive officer.

This compares to net sales of $100.5 million for thefirst quarter of 2008. LONG ISLAND CITY, N.Y.–(Business Wire)–Steve Madden (Nasdaq: SHOO), a leading designer and marketer of fashion footwearand accessories for women, men and children, today announced preliminary salesand EPS results for the first quarter of 2009 and raised full year 2009guidance. First Quarter 2009 Preliminary Sales and EPS Results:The company expects net sales for the first quarter 2009 to be between $106million and $107 million. EdwardsChief Financial Officer(714) 688-7200 Copyright Business Wire 2009. Perhaps Montrell McDonald has been listening to a lot of Mac Davis lately.