SHOO Stock - Steven Madden, Ltd.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $2.28B | $1.98B | $2.12B | $1.87B | $1.20B |
| Gross Profit | $936.93M | $832.41M | $873.84M | $767.50M | $464.54M |
| Gross Margin | 41.0% | 42.0% | 41.2% | 41.1% | 38.7% |
| Operating Income | $224.94M | $213.22M | $281.64M | $243.60M | $-31,605,000 |
| Net Income | $169.39M | $171.55M | $216.06M | $190.68M | $-18,397,000 |
| Net Margin | 7.4% | 8.7% | 10.2% | 10.2% | -1.5% |
| EPS | $2.38 | $2.34 | $2.84 | $2.43 | $-0.23 |
Steven Madden, Ltd. designs, sources, markets, and sells fashion-forward branded and private label footwear, accessories, and apparel for women, men, and children in the United States and internationally. Its Wholesale Footwear segment provides footwear under the Steve Madden, Steven by Steve Madden, Madden Girl, BB Dakota, Dolce Vita, DV Dolce Vita, Betsey Johnson, GREATS, Blondo, Anne Klein, Mad Love, Superga, Madden NYC, and COOL Planet brands, as well as private label footwear. The company's Wholesale Accessories/Apparel segment offers handbags, apparel, small leather goods, belts, soft accessories, fashion scarves, wraps, gifting, and other accessories under the Steve Madden, BB Dakota, Anne Klein, Betsey Johnson, Cejon, Madden NYC, and Dolce Vita brands, as well as private label handbag and accessories to department stores, mass merchants, off-price retailers, online retailers, specialty stores, and independent stores. Its Direct-to-Consumer segment operates Steve Madden and Superga full-price retail stores, Steve Madden outlet stores, and Steve Madden shop-in-shops, as well as digital e-commerce websites, including SteveMadden.com, DolceVita.com, betseyjohnson.com, Blondo.com, GREATS.com, and Superga-USA.com. The company's Licensing segment licenses its Steve Madden, Madden Girl, and Betsey Johnson trademarks. Its First Cost segment operates as a buying agent for footwear products under private labels for national chains, specialty retailers, and value-priced retailers. As of December 31, 2021, it owned and operated 214 brick-and-mortar retail stores that included 147 Steve Madden full-price stores, 66 Steve Madden outlet stores, and 1 Superga store, as well as 6 e-commerce websites. Steven Madden, Ltd. was incorporated in 1990 and is headquartered in Long Island City, New York.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 4th 2025 | BTIG Research | Reiterated | Buy | $50← $43 |
| November 6th 2025 | Telsey Advisory Group | Reiterated | Outperform | $45← $43 |
| October 30th 2025 | Telsey Advisory Group | Upgrade | Outperform | $43 |
| September 22nd 2025 | Piper Sandler | Upgrade | Overweight | $40 |
| July 31st 2025 | Telsey Advisory Group | Reiterated | Market Perform | $26← $24 |
| July 17th 2025 | Citigroup | Upgrade | Buy | $32 |
| April 30th 2025 | Telsey Advisory Group | Reiterated | Market Perform | $24← $38 |
| February 27th 2025 | Telsey Advisory Group | Reiterated | Market Perform | $38← $44 |
| November 22nd 2024 | Needham | Initiation | Hold | - |
| August 23rd 2024 | Piper Sandler | Resumed | Neutral | $45 |
| August 1st 2024 | Telsey Advisory Group | Reiterated | Market Perform | $50← $44 |
| February 29th 2024 | Telsey Advisory Group | Reiterated | Market Perform | $44← $39 |
| February 14th 2024 | Piper Sandler | Initiation | Neutral | $45 |
| February 7th 2024 | Citigroup | Downgrade | Neutral | $41 |
| January 4th 2024 | Jefferies | Downgrade | Hold | $40 |
Earnings History & Surprises
SHOOEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 5, 2026 | — | — | — | — |
Q1 2026 | Feb 25, 2026 | $0.45 | — | — | — |
Q4 2025 | Nov 5, 2025 | $0.44 | $0.43 | -2.3% | ✗ MISS |
Q3 2025 | Jul 30, 2025 | $0.24 | $0.20 | -16.7% | ✗ MISS |
Q2 2025 | May 7, 2025 | $0.46 | $0.60 | +30.4% | ✓ BEAT |
Q1 2025 | Feb 26, 2025 | $0.53 | $0.55 | +3.8% | ✓ BEAT |
Q4 2024 | Nov 7, 2024 | $0.89 | $0.91 | +2.2% | ✓ BEAT |
Q3 2024 | Jul 31, 2024 | $0.53 | $0.57 | +7.5% | ✓ BEAT |
Q2 2024 | May 1, 2024 | $0.56 | $0.65 | +16.1% | ✓ BEAT |
Q1 2024 | Feb 28, 2024 | $0.57 | $0.61 | +7.0% | ✓ BEAT |
Q4 2023 | Nov 8, 2023 | $0.86 | $0.88 | +2.3% | ✓ BEAT |
Q3 2023 | Aug 2, 2023 | $0.46 | $0.47 | +2.2% | ✓ BEAT |
Q2 2023 | May 9, 2023 | $0.48 | $0.50 | +4.2% | ✓ BEAT |
Q1 2023 | Feb 23, 2023 | $0.45 | $0.42 | -6.7% | ✗ MISS |
Q4 2022 | Nov 2, 2022 | $0.78 | $0.79 | +1.3% | ✓ BEAT |
Q3 2022 | Jul 27, 2022 | $0.60 | $0.63 | +5.0% | ✓ BEAT |
Q2 2022 | Apr 27, 2022 | $0.51 | $0.92 | +80.4% | ✓ BEAT |
Q1 2022 | Feb 24, 2022 | $0.72 | $0.81 | +12.5% | ✓ BEAT |
Q4 2021 | Nov 3, 2021 | $0.77 | $0.82 | +6.5% | ✓ BEAT |
Q3 2021 | Jul 28, 2021 | $0.31 | $0.48 | +54.8% | ✓ BEAT |
Latest News
BTIG Maintains Buy on Steven Madden, Raises Price Target to $50
📈 PositiveShares of broader retail stocks are trading higher in anticipation of what is expected to be a robust holiday shopping season. Additionally, stocks across sectors are rising amid hopes for a December rate cut following recent Fed comments.
📈 PositiveTelsey Advisory Group Maintains Outperform on Steven Madden, Maintains $45 Price Target
📈 PositiveUBS Maintains Neutral on Steven Madden, Raises Price Target to $43
➖ NeutralPiper Sandler Maintains Overweight on Steven Madden, Raises Price Target to $50
📈 PositiveTelsey Advisory Group Maintains Outperform on Steven Madden, Raises Price Target to $45
📈 PositiveSteven Madden shares are trading higher. BTIG maintained its Buy rating on the stock and raised its price target from $40 to $43.
📈 PositiveBTIG Maintains Buy on Steven Madden, Raises Price Target to $43
📈 PositiveSteve Madden shares jump after strongly guiding for Q4, offsetting weak results
📈 PositiveTelsey Advisory Group Maintains Outperform on Steven Madden, Maintains $43 Price Target
📈 PositiveSteven Madden Sees Q4 GAAP EPS $0.30-$0.35 vs $0.30 Est
📈 PositiveSteven Madden Sees Q4 Adj EPS $0.41-$0.46 vs $0.29 Est; Sees Sales $739.544M-$757.013M vs $695.933M Est
📈 PositiveSteven Madden Q3 Adj. EPS $0.43 Misses $0.44 Estimate, Sales $667.875M Miss $696.199M Estimate
📉 NegativeTelsey Advisory Group Upgrades Steven Madden to Outperform, Raises Price Target to $43
📈 PositiveBTIG Maintains Buy on Steven Madden, Raises Price Target to $40
📈 PositiveSteven Madden shares are trading higher after Piper Sandler upgraded the stock from Neutral to Overweight and raised its price target from $25 to $40.
📈 PositivePiper Sandler Upgrades Steven Madden to Overweight, Raises Price Target to $40
📈 PositiveShares of apparel stocks are trading higher amid overall market strength after Fed Chair Powell said restrictive policy and shifting risks may warrant adjusting the Fed's stance.
📈 PositiveSteven Madden rallies after outlining manufacturing shifts and higher prices as tariff mitigation strategies
📈 PositiveFrequently Asked Questions about SHOO
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