Steven Madden (NASDAQ:SHOO) Announces Quarterly Earnings Results

Steven Madden (NASDAQ:SHOO) released its quarterly earnings data on Thursday. The textile maker reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.11, FiscalAI reports. The firm had revenue of $665.87 million for the quarter, compared to analyst estimates of $635.39 million. Steven Madden had a net margin of 2.89% and a return on equity of 12.29%. The business’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same period last year, the firm earned $0.20 earnings per share. Steven Madden updated its FY 2026 guidance to 2.050-2.150 EPS.

Here are the key takeaways from Steven Madden’s conference call:

• Positive Sentiment: Steven Madden delivered strong Q2 results, with revenue up 19.1% to $665.9 million and adjusted diluted EPS more than doubling to $0.44. Excluding Kurt Geiger, revenue still increased 11.2%.
• Positive Sentiment: The Steve Madden brand gained momentum, with global comparable sales up 9%, U.S. comps up 17%, and online searches rising 71%. Management raised its full-year revenue growth expectations for the Steve Madden brand to the high-single digits, while Dolce Vita’s outlook also increased to high-single-digit to low-double-digit growth.
• Positive Sentiment: Branded wholesale and direct-to-consumer businesses performed well, supported by strong sell-throughs, reorders, and growth in handbags. Steve Madden handbags rose about 30% overall in Q2, while U.S. full-price stores and e-commerce increased 16% and 20%, respectively.
• Positive Sentiment: The company raised its 2026 outlook, now projecting revenue growth of 11%–13% and diluted EPS of $2.05–$2.15, compared with prior guidance of 10%–12% revenue growth and $2.00–$2.10 EPS.
• Negative Sentiment: Management expects less gross-margin expansion in the second half as it laps price increases and Kurt Geiger acquisition benefits, while higher freight, supplier costs, and tariffs are expected to reduce earnings by an additional $0.06. Private-label wholesale remains a pressure point and is projected to decline in the mid- to high-teens for the year.

Steven Madden Stock Performance

Shares of Steven Madden stock traded up $4.43 during mid-day trading on Thursday, hitting $47.83. 2,134,304 shares of the stock were exchanged, compared to its average volume of 847,297. Steven Madden has a 12 month low of $23.15 and a 12 month high of $47.99. The company has a 50-day simple moving average of $43.04 and a 200 day simple moving average of $39.92. The company has a market capitalization of $3.50 billion, a P/E ratio of 45.55 and a beta of 1.15. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.42 and a current ratio of 2.23.

Steven Madden Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Friday, September 11th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $0.84 annualized dividend and a dividend yield of 1.8%. Steven Madden’s dividend payout ratio (DPR) is currently 80.00%.

Insider Activity at Steven Madden

In related news, Director Arian Simone Reed sold 648 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $39.97, for a total transaction of $25,900.56. Following the completion of the sale, the director directly owned 8,057 shares of the company’s stock, valued at approximately $322,038.29. This trade represents a 7.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Christina Ciglar sold 5,147 shares of Steven Madden stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $44.74, for a total value of $230,276.78. Following the sale, the insider owned 35,200 shares in the company, valued at $1,574,848. This trade represents a 12.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 6,270 shares of company stock valued at $276,992. 2.21% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Steven Madden

A number of hedge funds have recently made changes to their positions in the business. EverSource Wealth Advisors LLC grew its position in Steven Madden by 86.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,045 shares of the textile maker’s stock valued at $25,000 after buying an additional 485 shares during the period. Los Angeles Capital Management LLC purchased a new stake in shares of Steven Madden during the 4th quarter worth approximately $30,000. Global Retirement Partners LLC increased its stake in shares of Steven Madden by 1,064.3% during the 4th quarter. Global Retirement Partners LLC now owns 815 shares of the textile maker’s stock worth $34,000 after purchasing an additional 745 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in shares of Steven Madden in the 4th quarter worth approximately $43,000. Finally, Public Employees Retirement System of Ohio lifted its stake in Steven Madden by 13.9% in the third quarter. Public Employees Retirement System of Ohio now owns 2,324 shares of the textile maker’s stock valued at $78,000 after purchasing an additional 283 shares during the last quarter. 99.88% of the stock is currently owned by institutional investors.

Key Headlines Impacting Steven Madden

Here are the key news stories impacting Steven Madden this week:

• Positive Sentiment: Second-quarter adjusted EPS was $0.44, topping the $0.33 consensus estimate and more than doubling the $0.20 reported in the year-ago quarter. Revenue rose 19.1% year over year to $665.9 million, exceeding estimates of $635.4 million. Steven Madden Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Management updated its fiscal 2026 outlook to EPS of $2.05–$2.15 and revenue of approximately $2.8 billion, signaling continued growth and a rebound in margins. Steve Madden boosts outlook amid strong quarterly rebound
• Positive Sentiment: Needham analyst Tom Nikic reaffirmed a Buy rating and maintained a $52 price target, citing the quarterly beat and margin recovery. Steven Madden Buy Rating Reaffirmed
• Positive Sentiment: The company declared a quarterly dividend of $0.21 per share, payable September 24 to shareholders of record September 11, representing an annualized dividend of $0.84 and an approximately 1.8% yield.
• Neutral Sentiment: Although the earnings outlook was updated, the midpoint of the $2.05–$2.15 EPS range is modestly below the $2.12 analyst consensus, leaving execution and demand trends important for further upside.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on SHOO shares. Needham & Company LLC raised their price target on shares of Steven Madden from $45.00 to $52.00 and gave the company a “buy” rating in a research report on Friday, June 12th. BTIG Research reissued a “buy” rating and set a $50.00 price objective on shares of Steven Madden in a report on Monday. Wall Street Zen raised Steven Madden from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. UBS Group restated a “neutral” rating and issued a $40.00 target price (up from $38.00) on shares of Steven Madden in a report on Monday, April 27th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Steven Madden in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $45.12.

About Steven Madden

Steven Madden, Inc (NASDAQ: SHOO) is a New York–based designer and marketer of fashion footwear, handbags and accessories. The company’s product portfolio spans a range of contemporary and lifestyle brands for women, men and children, including its core Steve Madden label as well as the Madden Girl and Dolce Vita brands. In addition to footwear, the company licenses its trademarks for use on apparel, eyewear and other fashion accessories.

Steven Madden distributes its products through multiple channels, including wholesale partners, e-commerce platforms and its own brick-and-mortar retail stores.