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

Steven Madden (NASDAQ:SHOO) posted its quarterly earnings data on Thursday. The textile maker reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.11, FiscalAI reports. Steven Madden had a net margin of 5.23% and a return on equity of 13.85%. The business had revenue of $665.87 million during the quarter, compared to the consensus estimate of $635.39 million. During the same period in the prior year, the firm earned $0.20 EPS. Steven Madden’s quarterly revenue was up 19.1% compared to the same quarter last year. 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 Price Performance

SHOO traded down $1.75 during midday trading on Friday, reaching $46.08. 2,262,054 shares of the company’s stock were exchanged, compared to its average volume of 897,503. The company has a quick ratio of 1.42, a current ratio of 1.91 and a debt-to-equity ratio of 0.13. The business has a 50-day simple moving average of $43.13 and a two-hundred day simple moving average of $39.96. The firm has a market capitalization of $3.37 billion, a price-to-earnings ratio of 23.16 and a beta of 1.15. Steven Madden has a one year low of $23.15 and a one year high of $48.76.

Steven Madden Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Friday, September 11th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Friday, September 11th. Steven Madden’s dividend payout ratio is 42.21%.

Insider Buying and Selling

In other news, insider Christina Ciglar sold 5,147 shares of the stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 35,200 shares of the company’s stock, valued at approximately $1,574,848. This represents a 12.76% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Arian Simone Reed sold 648 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $39.97, for a total value of $25,900.56. Following the completion of the sale, the director directly owned 8,057 shares in the company, valued at approximately $322,038.29. This represents a 7.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 6,270 shares of company stock valued at $276,992. 2.21% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Steven Madden

Institutional investors have recently added to or reduced their stakes in the company. Osaic Holdings Inc. increased its holdings in shares of Steven Madden by 1,490.9% during the fourth quarter. Osaic Holdings Inc. now owns 8,877 shares of the textile maker’s stock worth $370,000 after buying an additional 8,319 shares in the last quarter. Verity Asset Management Inc. acquired a new position in shares of Steven Madden in the 3rd quarter worth approximately $347,000. FORA Capital LLC bought a new stake in Steven Madden during the 2nd quarter worth approximately $288,000. Inceptionr LLC bought a new stake in Steven Madden during the 4th quarter worth approximately $269,000. Finally, Cerity Partners LLC acquired a new stake in Steven Madden during the 4th quarter valued at $269,000. 99.88% of the stock is owned by institutional investors.

Key Stories Impacting Steven Madden

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

• Positive Sentiment: Q2 results exceeded expectations: Adjusted EPS was $0.44, above the $0.33 analyst consensus and up from $0.20 a year earlier. Revenue rose 19.1% year over year to $665.9 million, beating estimates of approximately $635.4 million. Steven Madden Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Fiscal 2026 outlook was raised: Steven Madden increased its full-year revenue and adjusted EPS expectations following the quarterly rebound. Current EPS guidance is $2.05 to $2.15, with revenue guidance near $2.8 billion, supporting the view that demand and profitability are improving. SHOO Stock Jumps After Q2 Earnings Beat
• Positive Sentiment: Analyst sentiment improved: Telsey Advisory Group raised its price target from $50 to $55 and assigned an “Outperform” rating. Needham also reiterated its “Buy” rating with a $52 target, citing the earnings beat and margin recovery. Steven Madden Buy Rating Reaffirmed
• Neutral Sentiment: Brokerages collectively maintain a “Moderate Buy” recommendation, indicating generally favorable sentiment but not unanimous conviction.
• Neutral Sentiment: Steven Madden declared a quarterly dividend of $0.21 per share, payable September 24 to shareholders of record September 11. The dividend provides modest income support, with an indicated yield of about 1.8%.
• Negative Sentiment: The EPS guidance range has a midpoint of $2.10, slightly below the current analyst consensus of $2.12, which could limit upside if future results do not exceed expectations.

Wall Street Analyst Weigh In

Several equities analysts recently commented on SHOO shares. Zacks Research upgraded shares of Steven Madden from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Steven Madden in a research report on Friday, July 17th. Needham & Company LLC boosted their price target on Steven Madden from $45.00 to $52.00 and gave the company a “buy” rating in a research note on Friday, June 12th. Citigroup reaffirmed a “buy” rating and issued a $55.00 price target (up from $45.00) on shares of Steven Madden in a report on Friday. Finally, UBS Group reiterated a “neutral” rating and issued a $45.00 price objective (up from $40.00) on shares of Steven Madden in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $48.12.

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.