Steven Madden (NASDAQ:SHOO – Get Free Report) announced its earnings results on Wednesday. The textile maker reported $0.45 EPS for the quarter, topping the consensus estimate of $0.42 by $0.03, Zacks reports. Steven Madden had a return on equity of 13.60% and a net margin of 1.76%.The firm’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.60 EPS. Steven Madden updated its FY 2026 guidance to 2.000-2.100 EPS.
Here are the key takeaways from Steven Madden’s conference call:
- Consolidated revenue for Q1 was $653.1M (+18% YoY), and management raised full‑year revenue guidance to +10%–12% while introducing EPS guidance of $2.00–$2.10.
- Brand momentum was strong — Steve Madden DTC comps (U.S.) were +17% with online searches up 27%, Kurt Geiger delivered pro‑forma revenue +23% and management now expects mid‑teens growth, and Dolce Vita is tracking for high single‑digit growth.
- Despite top‑line strength, Q1 earnings declined to $32.1M ( $0.45/sh ) from $42.4M due to weaker organic revenue (notably private label and Steve Madden handbags at wholesale) and higher SG&A from the Kurt Geiger acquisition, normalized incentives, and increased warehouse costs.
- Management built tariff assumptions into guidance (Section 122 at 10% through July, then 15%), anticipates ~30 bps freight pressure from surcharges, ended Q1 with inventory of $379.4M and net debt of $209.3M, and said debt paydown is the priority with buybacks to be considered in H2.
Steven Madden Stock Up 5.9%
NASDAQ SHOO traded up $2.22 during trading on Wednesday, hitting $39.91. The stock had a trading volume of 1,589,242 shares, compared to its average volume of 1,373,548. The company has a market capitalization of $2.92 billion, a PE ratio of 64.61 and a beta of 1.12. The company’s 50-day moving average price is $35.66 and its two-hundred day moving average price is $38.93. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.11 and a current ratio of 1.90. Steven Madden has a 12 month low of $20.98 and a 12 month high of $46.88.
Steven Madden Dividend Announcement
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on the company. Jefferies Financial Group downgraded Steven Madden from a “hold” rating to an “underperform” rating and set a $30.00 price objective on the stock. in a report on Thursday, February 5th. BTIG Research reiterated a “buy” rating and issued a $50.00 price objective on shares of Steven Madden in a research report on Thursday, April 30th. Williams Trading set a $48.00 target price on Steven Madden in a report on Tuesday, March 10th. Zacks Research upgraded Steven Madden from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 8th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Steven Madden in a report on Tuesday, April 21st. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Steven Madden currently has an average rating of “Hold” and an average price target of $43.88.
View Our Latest Stock Report on Steven Madden
Insider Buying and Selling
In other Steven Madden news, Director Arian Simone Reed sold 3,600 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $33.44, for a total value of $120,384.00. Following the sale, the director owned 8,705 shares in the company, valued at approximately $291,095.20. The trade was a 29.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.21% of the company’s stock.
Institutional Investors Weigh In On Steven Madden
A number of institutional investors and hedge funds have recently made changes to their positions in SHOO. EverSource Wealth Advisors LLC raised its stake 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 in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of Steven Madden during the 4th quarter worth approximately $30,000. Global Retirement Partners LLC raised its stake in shares of Steven Madden by 1,064.3% during the 4th quarter. Global Retirement Partners LLC now owns 815 shares of the textile maker’s stock worth $34,000 after purchasing an additional 745 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of Steven Madden during the 4th quarter worth approximately $43,000. Finally, Public Employees Retirement System of Ohio raised its stake in shares of Steven Madden by 13.9% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,324 shares of the textile maker’s stock worth $78,000 after purchasing an additional 283 shares in the last quarter. Institutional investors own 99.88% of the company’s stock.
Steven Madden News Summary
Here are the key news stories impacting Steven Madden this week:
- Positive Sentiment: Q1 results beat expectations: Steven Madden reported $0.45 GAAP EPS vs. the $0.42 consensus and revenue grew ~18% year‑over‑year — a clear sign of demand strength early in the year. Steven Madden (SHOO) Q1 Earnings and Revenues Top Estimates
- Positive Sentiment: Company raised (and introduced) FY‑2026 guidance: management issued EPS guidance of $2.00–$2.10 and raised revenue guidance — the guide‑upshift supports forward expectations and underpins the rally. Steve Madden Announces First Quarter 2026 Results
- Positive Sentiment: Analyst / market commentary echoed the upbeat view: outlets and data services flagged the stronger Q1 and the lift to guidance, reinforcing investor confidence. Steven Madden Lifts 2026 Outlook After Strong Q1
- Neutral Sentiment: Earnings call / transcript available for details — useful for investors wanting management commentary on margin drivers, inventory and wholesale vs. direct‑to‑consumer trends. Steven Madden, Ltd. (SHOO) Q1 2026 Earnings Call Transcript
- Neutral Sentiment: Analyst action: Needham set a $42 price target — a datapoint but not a major re‑rating. Investors should watch whether analysts raise targets after the new guidance. Steven Madden (NASDAQ:SHOO) Given New $42.00 Price Target at Needham & Company LLC
- Negative Sentiment: EPS declined year‑over‑year (Q1 EPS $0.45 vs. $0.60 a year ago) and margins remain thin (MarketBeat noted a net margin ~1.8%), which leaves profitability improvement as a risk if revenue growth slows. Steven Madden (NASDAQ:SHOO) – Earnings/Transcript
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.
Further Reading
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