Steven Madden (NASDAQ:SHOO) Releases Earnings Results

Steven Madden (NASDAQ:SHOO) posted its quarterly earnings results on Wednesday. The textile maker reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.03, Zacks reports. The firm had revenue of $649.66 million for the quarter, compared to analysts’ expectations of $646.64 million. Steven Madden had a return on equity of 13.60% and a net margin of 1.76%.The company’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.60 EPS. Steven Madden updated its FY 2026 guidance to 2.000-2.100 EPS.

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

• Consolidated revenue for Q1 was $653.1M (+18% YoY), and management raised full‑year revenue guidance to +10%–12% while introducing EPS guidance of $2.00–$2.10.
• Brand momentum was strong — Steve Madden DTC comps (U.S.) were +17% with online searches up 27%, Kurt Geiger delivered pro‑forma revenue +23% and management now expects mid‑teens growth, and Dolce Vita is tracking for high single‑digit growth.
• Despite top‑line strength, Q1 earnings declined to $32.1M ( $0.45/sh ) from $42.4M due to weaker organic revenue (notably private label and Steve Madden handbags at wholesale) and higher SG&A from the Kurt Geiger acquisition, normalized incentives, and increased warehouse costs.
• Management built tariff assumptions into guidance (Section 122 at 10% through July, then 15%), anticipates ~30 bps freight pressure from surcharges, ended Q1 with inventory of $379.4M and net debt of $209.3M, and said debt paydown is the priority with buybacks to be considered in H2.

Steven Madden Stock Performance

Shares of Steven Madden stock traded down $0.36 during trading hours on Thursday, hitting $39.66. 1,029,486 shares of the company’s stock traded hands, compared to its average volume of 1,378,815. Steven Madden has a 12-month low of $22.26 and a 12-month high of $46.88. The stock has a market capitalization of $2.90 billion, a price-to-earnings ratio of 64.05 and a beta of 1.12. The company has a fifty day simple moving average of $35.72 and a 200-day simple moving average of $38.96. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90 and a quick ratio of 1.11.

Steven Madden Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, June 8th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, June 8th. This represents a $0.84 annualized dividend and a dividend yield of 2.1%. Steven Madden’s dividend payout ratio (DPR) is currently 135.48%.

Steven Madden News Summary

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

• Positive Sentiment: Q1 results beat and company raised FY26 revenue outlook — Q1 revenue was up ~18% and the firm lifted its fiscal 2026 revenue outlook, a catalyst cited for the immediate rally. Read More.
• Positive Sentiment: Kurt Geiger and DTC strength are driving sales upside — Management highlighted Kurt Geiger and DTC momentum as key contributors to the quarter’s outperformance. Read More.
• Positive Sentiment: Analyst buy initiation — Citi initiated a Buy, citing conservative company guidance and what it sees as double‑digit upside potential, which can attract investors. Read More.
• Positive Sentiment: Dividend declared — The board announced a quarterly dividend of $0.21 per share (≈2.1% yield), a modest support for income‑oriented holders. Read More.
• Neutral Sentiment: Company issued FY26 EPS guidance of $2.00–$2.10 — management introduced EPS guidance that is roughly in line with consensus but slightly conservative at the midpoint, leaving mixed implications for valuation. Read More.
• Negative Sentiment: Margin pressure and wholesale softness — The earnings call and coverage flagged margin strain (product mix, higher costs) and softness in private‑label wholesale that could weigh on near‑term profitability. Read More. Read More.

Wall Street Analysts Forecast Growth

SHOO has been the topic of a number of research analyst reports. Telsey Advisory Group restated an “outperform” rating and set a $50.00 price target on shares of Steven Madden in a report on Thursday, February 26th. Williams Trading set a $48.00 price target on Steven Madden in a report on Tuesday, March 10th. BTIG Research reiterated a “buy” rating and issued a $50.00 target price on shares of Steven Madden in a report on Thursday, April 30th. Zacks Research upgraded Steven Madden from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 8th. Finally, Jefferies Financial Group cut Steven Madden from a “hold” rating to an “underperform” rating and set a $30.00 target price on the stock. in a report on Thursday, February 5th. Five equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $43.88.

Insider Activity

In other news, Director Arian Simone Reed sold 3,600 shares of the firm’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $33.44, for a total transaction of $120,384.00. Following the completion of the sale, the director directly owned 8,705 shares of the company’s stock, valued at $291,095.20. This trade represents a 29.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 2.21% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Steven Madden

Several large investors have recently made changes to their positions in SHOO. Scopus Asset Management L.P. purchased a new stake in Steven Madden in the 3rd quarter worth about $36,451,000. Boston Partners purchased a new stake in Steven Madden in the 3rd quarter worth about $33,319,000. Invesco Ltd. increased its holdings in Steven Madden by 50.5% in the 2nd quarter. Invesco Ltd. now owns 2,426,926 shares of the textile maker’s stock worth $58,198,000 after acquiring an additional 814,318 shares during the last quarter. Millennium Management LLC increased its holdings in Steven Madden by 1,170.4% in the 1st quarter. Millennium Management LLC now owns 617,049 shares of the textile maker’s stock worth $16,438,000 after acquiring an additional 568,477 shares during the last quarter. Finally, Wellington Management Group LLP increased its holdings in Steven Madden by 18.1% in the 3rd quarter. Wellington Management Group LLP now owns 3,453,208 shares of the textile maker’s stock worth $115,613,000 after acquiring an additional 528,829 shares during the last quarter. 99.88% of the stock is owned by hedge funds and other institutional investors.

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.