Steven Madden (NASDAQ:SHOO) Issues Quarterly Earnings Results

Steven Madden (NASDAQ:SHOO) issued its earnings results on Thursday. The textile maker reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.06, FiscalAI reports. Steven Madden had a return on equity of 13.85% and a net margin of 5.23%. The company had revenue of $772.61 million during the quarter, compared to analysts’ expectations of $774.35 million. During the same period in the prior year, the business earned $0.43 EPS. The firm’s quarterly 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 Stock Up 1.3%

Shares of Steven Madden stock opened at $39.50 on Friday. Steven Madden has a 1 year low of $31.33 and a 1 year high of $49.70. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.91 and a quick ratio of 1.13. The firm has a market cap of $2.89 billion, a price-to-earnings ratio of 16.32 and a beta of 1.14. The company has a 50-day moving average of $43.69 and a 200 day moving average of $41.38.

Steven Madden Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have recently weighed in on SHOO. Wall Street Zen upgraded shares of Steven Madden from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 17th. Jefferies Financial Group upgraded 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. UBS Group reaffirmed a “neutral” rating and set a $45.00 price objective (up from $40.00) on shares of Steven Madden in a research report on Friday, July 31st. Zacks Research downgraded shares of Steven Madden from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Finally, Piper Sandler set a $55.00 price target on shares of Steven Madden and gave the stock an “overweight” rating in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $52.20.

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

Steven Madden Company Profile

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.