The earnings call presented a mixed picture with significant challenges due to tariffs affecting wholesale revenue and net income. However, there were strong performances in the direct-to-consumer segment and successful integration of Kurt Geiger, providing a positive outlook for the fourth quarter.

Company Guidance

During the Q3 2025 earnings call, Steve Madden Ltd. provided guidance for the fourth quarter, anticipating a revenue increase of 27% to 30% compared to Q4 2024, with earnings per share expected to be in the range of $0.41 to $0.46. The company experienced a challenging third quarter, with consolidated revenue at $667.9 million, marking a 6.9% increase from the same quarter in 2024. However, excluding the impact of the newly acquired Kurt Geiger, revenue decreased by 14.8%. Wholesale revenue was down 10.7% year-over-year, primarily due to tariff-related issues, while direct-to-consumer revenue saw a significant rise of 76.6%, bolstered by the inclusion of Kurt Geiger. The company's gross margin increased to 43.4% from 41.6% in Q3 2024, primarily due to the higher mix of DTC from Kurt Geiger. Despite the challenges, Steve Madden's underlying consumer demand remained strong, with notable performance in footwear categories like boots and dress shoes, and marketing efforts driving brand awareness among Gen Z and Millennials. Looking forward, the company is optimistic about improved financial performance in Q4 2025, supported by strategic pricing actions and sourcing initiatives to mitigate gross margin pressure.

Strong Direct-to-Consumer Growth

Direct-to-consumer revenue increased 76.6% to $221.5 million. Excluding the newly acquired Kurt Geiger, the direct-to-consumer revenue increased 1.5%.

Successful Acquisition Integration

The integration of Kurt Geiger London is on track, with comp sales up mid-teens in the third quarter. The brand is seeing strong momentum and is expanding into international markets.

Improved Gross Margin

Consolidated gross margin was 43.4%, up from 41.6% in Q3 2024, driven by the higher mix of direct-to-consumer business due to Kurt Geiger.

Positive Fourth Quarter Outlook

The company expects revenue to increase 27% to 30% compared to Q4 2024, with earnings per share expected to be in the range of $0.41 to $0.46.

Steven Madden (SHOO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SHOO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 19, 2026	2025 (Q4)	0.46 / -	0.55	―	―	―
Nov 05, 2025	2025 (Q3)	0.44 / 0.43	0.91	-52.75% (-0.48)	―
Jul 30, 2025	2025 (Q2)	0.20 / 0.20	0.57	-64.91% (-0.37)	―
May 07, 2025	2025 (Q1)	0.45 / 0.60	0.65	-7.69% (-0.05)	―
Feb 26, 2025	2024 (Q4)	0.53 / 0.55	0.61	-9.84% (-0.06)	―
Nov 07, 2024	2024 (Q3)	0.89 / 0.91	0.88	3.41% (+0.03)	―
Jul 31, 2024	2024 (Q2)	0.53 / 0.57	0.47	21.28% (+0.10)	―
May 01, 2024	2024 (Q1)	0.56 / 0.65	0.5	30.00% (+0.15)	―
Feb 28, 2024	2023 (Q4)	0.57 / 0.61	0.44	38.64% (+0.17)	―
Nov 08, 2023	2023 (Q3)	0.86 / 0.88	0.79	11.39% (+0.09)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SHOO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 05, 2025	$32.84	$37.32	+13.64%
Jul 30, 2025	$26.15	$23.71	-9.33%
May 07, 2025	$19.83	$23.07	+16.34%
Feb 26, 2025	$37.05	$34.07	-8.04%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Steven Madden (SHOO) report earnings?

Steven Madden (SHOO) is schdueled to report earning on Feb 19, 2026, Before Open (Confirmed).

What is Steven Madden (SHOO) earnings time?

Steven Madden (SHOO) earnings time is at Feb 19, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SHOO EPS forecast?

SHOO EPS forecast for the fiscal quarter 2025 (Q4) is 0.46.

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