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Steven Madden, Ltd.

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
52-16 Barnett Avenue, Long Island City, NY, 11104, United States
718-446-1800
www.stevemadden.com
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
91%
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)

Sonic Automotive, Inc.SAH
$15.18B
+9.1%
Victoria's Secret & Co.VSCO
$6.39B
+3.0%
American Eagle Outfitters, Inc.AEO
$5.34B
-1.2%

Gross Margin (Latest Quarter)

SharpLink Gaming, Inc.SBET
96.0%
+76.4pp
Ermenegildo Zegna N.V.ZGN
67.5%
+1.1pp
The Buckle, Inc.BKE
48.0%
+0.3pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
AEO$4.51B21.613.0%42.0%
VSCO$4.36B25.126.1%62.1%
GTX$3.56B10.6-43.5%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%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 5, 2025|
    Revenue: $559.00M+6.8%
    |
    EPS: $-0.56-212.0%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 9, 2025|
    Revenue: $553.53M+0.2%
    |
    EPS: $0.57-6.6%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Mar 3, 2025|
    Revenue: $2.28B+15.2%
    |
    EPS: $2.38+1.7%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 8, 2024|
    Revenue: $624.68M+13.0%
    |
    EPS: $0.78-11.4%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 1, 2024|
    Revenue: $523.55M+17.6%
    |
    EPS: $0.50+6.4%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 2, 2024|
    Revenue: $552.38M+19.1%
    |
    EPS: $0.61+24.5%
    Beat
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Mar 4, 2024|
    Revenue: $1.98B-6.6%
    |
    EPS: $2.34-17.6%
    Beat