Steven Madden (NASDAQ:SHOO) Issues Quarterly Earnings Results, Beats Expectations By $0.06 EPS

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

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%

Shares of NASDAQ SHOO traded up $0.51 during trading hours on Friday, reaching $39.50. The stock had a trading volume of 3,111,064 shares, compared to its average volume of 1,071,092. Steven Madden has a 52-week low of $31.33 and a 52-week high of $49.70. The company has a current ratio of 1.91, a quick ratio of 1.13 and a debt-to-equity ratio of 0.13. The business’s fifty day moving average price is $43.69 and its two-hundred day moving average price is $41.38. The firm has a market cap of $2.89 billion, a price-to-earnings ratio of 16.32 and a beta of 1.14.

Steven Madden Announces Dividend

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

More 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

A number of research analysts have recently commented on the company. Needham & Company LLC lowered their target price on Steven Madden from $52.00 to $45.00 and set a “buy” rating for the company in a research report on Thursday. BMO Capital Markets assumed coverage on shares of Steven Madden in a research note on Tuesday, September 8th. They set an “outperform” rating and a $60.00 price target on the stock. Weiss Ratings lowered shares of Steven Madden from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, October 30th. Piper Sandler set a $55.00 price objective on shares of Steven Madden and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Finally, UBS Group reissued a “neutral” rating and issued a $45.00 price objective (up from $40.00) on shares of Steven Madden in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.