Steven Madden (NASDAQ:SHOO) Issues Quarterly Earnings Results

Steven Madden (NASDAQ:SHOO) posted its earnings results on Thursday. The textile maker reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.06, FiscalAI reports. Steven Madden had a net margin of 5.23% and a return on equity of 13.85%. The firm had revenue of $772.61 million for the quarter, compared to analyst estimates of $774.35 million. During the same period in the previous year, the firm posted $0.43 EPS. The company’s revenue for the quarter was up 15.0% compared to the same quarter last year.

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

• Third-quarter revenue rose 15.7% to $772.6 million and diluted EPS increased 85% to $0.79. The company raised its 2026 outlook to revenue growth of 12%–13% and diluted EPS of $2.15–$2.20.
• Growth was broad across brands: Steve Madden posted strong results across categories and channels, Dolce Vita delivered record third-quarter revenue, and Betsey Johnson is on track for low-teens annual growth. Management also raised its Dolce Vita forecast to low-double-digit growth.
• Wholesale revenue gained 19.4%, partly because shipments shifted back into the quarter after tariff-related disruptions affected the prior year. Management expects wholesale revenue to decline 6%–7% in Q4, while branded wholesale growth for the second half is still expected to be in the low double digits.
• Kurt Geiger’s growth moderated after an exceptionally strong first quarter: third-quarter DTC comps rose 6%, and the full-year revenue outlook is back to low-double-digit growth after previously being raised to mid-teens.
• Private-label revenue remains under pressure, with management expecting a mid-teens decline in 2026 and estimating the business will be down roughly $110 million–$115 million from 2024. Management’s near-term aim is to stabilize the business and be roughly flat next year.

Steven Madden Trading Up 1.3%

NASDAQ SHOO traded up $0.51 during trading hours on Friday, hitting $39.50. 3,111,064 shares of the company’s stock were exchanged, compared to its average volume of 1,071,092. The business’s 50 day moving average is $43.69 and its 200-day moving average is $41.38. Steven Madden has a 12-month low of $31.33 and a 12-month high of $49.70. The firm has a market capitalization of $2.89 billion, a P/E ratio of 16.32 and a beta of 1.14. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.13 and a current ratio of 1.91.

Steven Madden Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 24th. Stockholders of record on Friday, December 11th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, December 11th. Steven Madden’s dividend payout ratio is currently 42.21%.

Key Steven Madden News

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

• Positive Sentiment: Q3 profit beat and outlook raised: Steven Madden reported earnings of $0.79 per share, above analyst expectations. Revenue rose about 15% year over year, while wholesale sales increased 19.4% and margins improved. Management raised its 2026 sales and adjusted EPS outlook, giving investors reasons for optimism despite the slight revenue miss. SHOO Q3 Earnings Beat on Wholesale Strength, 2026 Outlook Raised
• Positive Sentiment: Bullish analyst view: BTIG reiterated its Buy rating and $55 price target, citing the strong quarter and raised outlook. BTIG Buy rating and price target
• Neutral Sentiment: Dividend declared: The company announced a quarterly dividend of $0.21 per share, equivalent to $0.84 annually. Steven Madden reports results and declares dividend
• Negative Sentiment: Revenue narrowly missed estimates: Quarterly revenue of $772.6 million came in slightly below the roughly $774 million consensus, tempering the earnings beat. Steven Madden raises 2026 profit outlook after Q3 earnings beat, sales miss
• Negative Sentiment: Some caution on valuation and risks: Needham lowered its price target to $45 while keeping a Buy rating; Jefferies’ Hold view points to risks that may limit enthusiasm. Jefferies analyst view on Steven Madden

Analyst Ratings Changes

SHOO has been the subject of several research analyst reports. Jefferies Financial Group raised shares of Steven Madden from an “underperform” rating to a “hold” rating and set a $36.00 target price for the company in a research report on Friday. Zacks Research lowered shares of Steven Madden from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Williams Trading set a $56.00 target price on shares of Steven Madden in a report on Monday, August 3rd. Weiss Ratings downgraded shares of Steven Madden from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, October 30th. Finally, Capital One Financial set a $60.00 price target on shares of Steven Madden in a research note on Tuesday, September 8th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $52.20.

About Steven Madden

Steven Madden, Ltd. is a fashion company that designs, sources, markets and sells footwear, handbags, accessories and apparel. Its products are offered under the Steve Madden brand and a portfolio of owned, licensed and distributed brands, including Dolce Vita, Betsey Johnson, Blondo, Mad Love and Greats.

The company sells its products through wholesale channels, including department stores, specialty retailers and online retailers, as well as through its own retail stores and e-commerce websites.