Steven Madden (NASDAQ:SHOO) Releases Quarterly Earnings Results, Beats Expectations By $0.11 EPS

Steven Madden (NASDAQ:SHOO) issued its earnings results on Thursday. The textile maker reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.11, FiscalAI reports. The business had revenue of $665.87 million for the quarter, compared to analysts’ expectations of $635.39 million. Steven Madden had a return on equity of 12.29% and a net margin of 2.89%.The company’s quarterly revenue was up 19.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.20 EPS. 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

SHOO traded up $2.88 during trading on Thursday, hitting $46.28. The stock had a trading volume of 978,766 shares, compared to its average volume of 1,249,826. The firm has a market cap of $3.38 billion, a PE ratio of 44.10 and a beta of 1.15. Steven Madden has a 12 month low of $23.15 and a 12 month high of $47.10. The company has a current ratio of 2.23, a quick ratio of 1.42 and a debt-to-equity ratio of 0.30. The company has a 50 day simple moving average of $42.91 and a 200-day simple moving average of $39.90.

Steven Madden Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Monday, June 8th were paid a $0.21 dividend. The ex-dividend date was Monday, June 8th. This represents a $0.84 dividend on an annualized basis and a yield of 1.8%. Steven Madden’s dividend payout ratio (DPR) is presently 80.00%.

Trending Headlines about Steven Madden

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

• Positive Sentiment: Steven Madden reported second-quarter adjusted EPS of $0.44, exceeding the $0.33 consensus estimate and more than doubling the $0.20 earned in the year-ago quarter. Steven Madden Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Revenue reached $665.9 million, beating expectations by roughly $27.5 million and increasing 19.1% from the prior year. The combination of strong sales growth and earnings outperformance was the primary catalyst for the stock’s advance. Steven Madden Non-GAAP EPS and Revenue Beat Estimates
• Positive Sentiment: Management characterized the quarter as a strong rebound and updated its full-year outlook, signaling continued confidence in the business. The earnings call provided additional detail on the results and forward strategy. Steven Madden Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Fiscal 2026 revenue guidance of approximately $2.8 billion is broadly consistent with analyst expectations, limiting the potential for an additional forecast-driven boost.
• Negative Sentiment: Full-year EPS guidance of $2.05–$2.15 has a midpoint of $2.10, slightly below the roughly $2.12 consensus estimate. This could temper enthusiasm if investors view the strong quarter as already reflected in the stock’s valuation.

Insider Transactions at Steven Madden

In other news, insider Christina Ciglar sold 5,147 shares of the firm’s stock in a transaction on Tuesday, June 9th. The shares were 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 approximately $1,574,848. This trade represents a 12.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Arian Simone Reed sold 648 shares of the business’s stock in a transaction 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 transaction, the director directly owned 8,057 shares in the company, valued at $322,038.29. This trade represents a 7.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 6,270 shares of company stock valued at $276,992 over the last 90 days. Corporate insiders own 2.21% of the company’s stock.

Institutional Trading of Steven Madden

Hedge funds and other institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC increased its holdings in shares of Steven Madden by 86.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,045 shares of the textile maker’s stock worth $25,000 after purchasing an additional 485 shares during the period. Los Angeles Capital Management LLC acquired a new stake in Steven Madden during the fourth quarter worth about $30,000. Global Retirement Partners LLC grew its position in Steven Madden by 1,064.3% during the fourth quarter. Global Retirement Partners LLC now owns 815 shares of the textile maker’s stock worth $34,000 after buying an additional 745 shares in the last quarter. Kestra Advisory Services LLC bought a new position in Steven Madden during the fourth quarter valued at about $43,000. Finally, Public Employees Retirement System of Ohio increased its stake in Steven Madden by 13.9% during 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 acquiring an additional 283 shares during the period. 99.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

SHOO has been the subject of a number of recent analyst reports. UBS Group reiterated a “neutral” rating and issued a $40.00 price target (up from $38.00) on shares of Steven Madden in a research report on Monday, April 27th. Zacks Research upgraded shares of Steven Madden from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 6th. Wall Street Zen raised shares of Steven Madden from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. Needham & Company LLC increased their target price on Steven Madden from $45.00 to $52.00 and gave the company a “buy” rating in a report on Friday, June 12th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $50.00 target price on shares of Steven Madden in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to 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.