Steven Madden Q2 Revenue Jumps 19%, Guidance Raised on Brand Momentum
SHOO sits 95% above its 52-week low of $22.262.
Summary
Steven Madden delivered a strong Q2, with revenue up 19% to $662.9M, handily beating the $636M consensus. Adjusted EPS of $0.44 crushed the $0.32 estimate, driven by higher selling prices and reduced promotions. Management raised full-year revenue growth guidance to 11-13% and adjusted EPS to $2.05-$2.15, signaling confidence in sustained momentum. This follows a robust Q1 that also beat expectations, suggesting the Kurt Geiger acquisition and brand strength are delivering consistent outperformance. The stock trades at 18x forward earnings, above its recent 15x multiple, reflecting improved sentiment.
At the time of this announcement, SHOO was trading at $43.40 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $3.2B. The 52-week trading range was $22.26 to $47.11. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.