Steven Madden, Ltd.
NASDAQ•SHOO
CEO: Mr. Edward R. Rosenfeld
Sector: Consumer Cyclical
Industry: Apparel - Footwear & Accessories
Listing Date: 1993-12-13
Steven Madden, Ltd. designs, sources, and markets fashion-forward branded and private label footwear, accessories, and apparel in the United States and internationally. It operates through Wholesale Footwear, Wholesale Accessories/Apparel, Direct-to- Consumer, and Licensing segments. The Wholesale Footwear segment designs, sources, and markets various products, including dress shoes, boots, booties, fashion sneakers, sandals, and casual shoes under the Steve Madden, Dolce Vita, Betsey Johnson, Blondo, GREATS, and Anne Klein brands. The Wholesale Accessories/Apparel segment offers handbags, apparel, small leather goods, belts, soft accessories, fashion scarves, wraps, gifting, and other accessories under the Steve Madden, Anne Klein, Betsey Johnson, and Dolce Vita brands. The Direct-to-Consumer segment operates Steve Madden and Dolce Vita full-price retail stores, Steve Madden outlet stores and concessions, and digital e-commerce websites. The Licensing segment engages in the licensing of the Steve Madden and Betsey Johnson trademarks for the sale of select apparel, accessory, home categories, and other non-core products. In addition, the company distributes its products in the wholesale channel through department stores, mass merchants, off-price retailers, shoe chains, online retailers, national chains, specialty retailers, independent stores, and clubs. Further, it markets its products and services through digital brand marketing, social media and influencer marketing, experiential events, in-store and online promotions, and public relations. The company was incorporated in 1990 and is headquartered in Long Island City, New York.
Contact Information
Market Cap
$3.11B
P/E (TTM)
53.9
37.8
Dividend Yield
2.0%
52W High
$44.99
52W Low
$19.05
52W Range
Rank27Top 10.6%
5.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q3 2025 Data
Revenue
$667.88M+6.92%
4-Quarter Trend
EPS
$0.29-62.82%
4-Quarter Trend
FCF
-$6.46M-6.69%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Revenue Up 6.9% Q3 Total revenue $667.9M, up 6.9% versus prior period, largely due to Kurt Geiger acquisition integration.
Net Income Significantly Lower Net income attributable $20.5M for Q3, significantly lower than $55.3M reported in the prior year period.
Total Assets Reach $2.00B Total Assets reached $2.00B by September 30, 2025, reflecting substantial growth from recent acquisitions activity.
New Quarterly Dividend Approved Board approved $0.21 per share quarterly dividend payable December 26, signaling commitment to capital return.
Risk Factors
Kurt Geiger Integration Risk Failure to integrate Kurt Geiger operations could impair goodwill and adversely affect future business growth prospects.
Increased Debt and Interest New debt financing limits operational flexibility and increases interest exposure due to variable rate credit facilities.
Ongoing Tariff Impact Additional US tariffs and retaliatory actions pose a significant risk, potentially increasing costs and reducing margins.
Operating Margin Pressure Nine-month operating income margin compressed to 2.5% from 10.5% last year due to acquisition costs.
Outlook
Focus on Strategic Priorities Executing growth initiatives including international expansion, growing non-footwear categories, and digital DTC focus.
Strong Liquidity Position Available cash and $250M revolving facility provide sufficient liquidity and flexibility for next twelve months needs.
Debt Reduction Efforts Underway Voluntary early repayment of $22.5M on term loan facility reflects commitment to reducing leverage post-acquisition.
Tax Rate Differentials Noted Nine-month effective tax rate rose to 47.0% versus 24.3% due primarily to non-deductible acquisition expenses.
Peer Comparison
Revenue (TTM)
SAH$15.18B
$6.39B
AEO$5.34B
Gross Margin (Latest Quarter)
96.0%
67.5%
BKE48.0%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| AEO | $4.51B | 21.6 | 13.0% | 42.0% |
| VSCO | $4.36B | 25.1 | 26.1% | 62.1% |
| GTX | $3.56B | 10.6 | -43.5% | 62.4% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
4.7%
Moderate Growth
4Q Net Income CAGR
-16.1%
Declining Profitability
Cash Flow Stability
75%
Volatile Cash Flow
Research & Insights
Next earnings:Feb 25, 2026
EPS:$0.45
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Nov 10, 2025|Revenue: $667.88M+6.9%|EPS: $0.29-62.8%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 5, 2025|Revenue: $559.00M+6.8%|EPS: $-0.56-212.0%MissForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 9, 2025|Revenue: $553.53M+0.2%|EPS: $0.57-6.6%BeatForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Mar 3, 2025|Revenue: $2.28B+15.2%|EPS: $2.38+1.7%BeatForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 8, 2024|Revenue: $624.68M+13.0%|EPS: $0.78-11.4%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 1, 2024|Revenue: $523.55M+17.6%|EPS: $0.50+6.4%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 2, 2024|Revenue: $552.38M+19.1%|EPS: $0.61+24.5%BeatForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Mar 4, 2024|Revenue: $1.98B-6.6%|EPS: $2.34-17.6%Beat