The earnings call highlighted strong growth in the direct-to-consumer segment and successful integration of the Kurt Geiger acquisition, which are positive aspects. However, these were overshadowed by significant challenges due to tariffs, leading to declines in wholesale revenue, increased operational costs, and reduced net income. The sentiment reflects a mixed outlook with both achievements and challenges.

Company Guidance -

Q3 2025

During the second quarter of 2025, Steve Madden experienced a challenging period due to the introduction of new tariffs on goods imported into the United States, which significantly impacted their financial performance. Consolidated revenue for the quarter was $559 million, reflecting a 6.8% increase year-over-year; however, excluding the newly acquired Kurt Geiger, revenue decreased by 10%. Wholesale revenue declined by 6.4% to $360.6 million, with footwear and accessories/apparel revenues down by 7.1% and 5.3%, respectively. The direct-to-consumer (DTC) segment saw a 43.3% increase to $195.5 million, though it decreased by 3% when excluding Kurt Geiger. Gross margin was pressured by 230 basis points due to the tariffs, net of supplier discounts, but overall gross margin remained at 41.9%. Operating expenses rose to $211.6 million, accounting for 37.9% of revenue, up from 31.1% the previous year. Net income fell to $13.9 million, or $0.20 per diluted share, from $41.2 million, or $0.57 per share, in Q2 2024. The company did not provide financial guidance for 2025 due to ongoing tariff-related uncertainties.

Revenue Growth in Direct-to-Consumer Segment

Direct-to-consumer segment revenue increased by 43.3% to $195.5 million. Excluding Kurt Geiger, the revenue decreased by only 3%, indicating strong growth with the acquisition.

Successful Integration of Kurt Geiger

The newly acquired Kurt Geiger brand has shown strong momentum and is expected to drive significant growth. The integration is proceeding smoothly with revenue synergies and cost savings opportunities being realized.

Increased Licensing Royalty Income

Licensing royalty income increased to $2.9 million from $1.8 million in the second quarter of 2024.

Positive Brand Awareness and Marketing Impact

Investment in marketing, particularly on platforms like YouTube, Pinterest, and Snapchat, has led to measurable increases in brand awareness and consideration among Gen Z and millennial consumers.

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
Oct 29, 2025	2025 (Q3)	0.43 / -	0.91	―	―	―
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)	―
Aug 02, 2023	2023 (Q2)	0.46 / 0.47	0.63	-25.40% (-0.16)	―

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
Jul 30, 2025	$26.32	$23.86	-9.35%
May 07, 2025	$19.96	$23.22	+16.33%
Feb 26, 2025	$37.30	$34.30	-8.04%
Nov 07, 2024	$43.33	$44.67	+3.09%

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 Oct 29, 2025, Before Open (Confirmed).

What is Steven Madden (SHOO) earnings time?

Steven Madden (SHOO) earnings time is at Oct 29, 2025, 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 (Q3) is 0.43.

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