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Steven Madden (SHOO)
NASDAQ:SHOO
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.21Last Year’s EPS
0.57Same Quarter Last Year
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 22.65%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Neutral
The call highlighted the company's strong March performance, strategic acquisition of Kurt Geiger, and significant reduction in reliance on China for production. However, challenges related to new tariffs, a slight decline in direct-to-consumer revenue, and withdrawal of financial guidance were notable concerns. Despite these challenges, the company maintains a strong financial foundation.Company Guidance
During the Q1 2025 earnings call for Steve Madden Limited, the company provided several key metrics and insights into their financial performance and strategic adjustments. The consolidated revenue for the quarter was reported at $553.5 million, marking a slight 0.2% increase from Q1 2024. Wholesale revenue also saw a similar increase at $439.3 million. In contrast, the direct-to-consumer segment experienced a modest decline of 0.2%, totaling $112.1 million, with a noted drop in brick-and-mortar sales despite a small rise in digital sales. Gross margin for the company improved by 20 basis points to 40.9%, despite a negative impact from newly implemented tariffs. The company proactively addressed these tariffs by negotiating discounts with suppliers and accelerating production shifts from China to other countries, with the aim of reducing China-sourced imports from 71% in 2024 to mid-single digits by spring 2026. Additionally, a recently completed reduction in force is projected to save over $12 million annually. The acquisition of Kurt Geiger was finalized, adding a brand with £400 million in revenue to their portfolio, and is expected to enhance Steve Madden's growth prospects, especially with its strong international presence. However, due to the uncertainties surrounding new tariffs, the company withdrew its 2025 financial guidance provided earlier in February.Strong March Performance
The company experienced a strong improvement in March due to warmer weather and successful spring fashion assortments, leading to earnings significantly exceeding expectations.
Kurt Geiger Acquisition
Steve Madden closed the acquisition of Kurt Geiger London, a brand demonstrating outstanding momentum with revenue of £400 million for the 12 months ending February 1, 2025, and an enterprise value of £289 million.
Reduction in China Sourcing
The company significantly reduced dependence on China for production, expecting to source mid-teens percentage from China for fall 2025 and mid-single digits by spring 2026.
Strong Financial Foundation
As of March 31, 2025, the company had $147.2 million in cash and no debt, maintaining a strong balance sheet.
SHOO Earnings History
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 |
|---|---|---|---|
May 07, 2025 | $20.13 | $23.42 | +16.34% |
Feb 26, 2025 | $37.61 | $34.59 | -8.03% |
Nov 07, 2024 | $43.70 | $45.05 | +3.09% |
Jul 31, 2024 | $43.72 | $44.58 | +1.97% |
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 Jul 23, 2025, TBA Not Confirmed.
What is Steven Madden (SHOO) earnings time?
Steven Madden (SHOO) earnings time is at Jul 23, 2025, TBA Not 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 (Q2) is 0.21.