Steven Madden Q4 revenue slight misses estimates; EPS beats

Steven Madden

25/02/2026 12:06

Overview

Fashion-forward footwear designer's Q4 revenue rose 29.4% yr/yr, slightly missing analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company expects 2026 revenue to grow 9% to 11%

Outlook

Steven Madden expects 2026 revenue to increase 9% to 11% compared to 2025

Company not providing earnings guidance due to tariff policy uncertainty

Result Drivers

FOOTWEAR BUSINESS - Improved performance in core Steve Madden footwear business contributed to Q4 results, per CEO Edward Rosenfeld

KURT GEIGER CONTRIBUTION - Acquisition of Kurt Geiger significantly boosted Q4 revenue, especially in direct-to-consumer segment

SG&A PRESSURE - Higher SG&A expenses expected due to normalization of incentive compensation and restoration of executive salaries

Company press release: ID:nGNX7wG5QY

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Slight Miss*
$749.85 mln
$753.94 mln (9 Analysts)
Q4 Adjusted EPS
Beat
$0.48
$0.47 (9 Analysts)
Q4 Net Income
$24.65 mln
Q4 EBIT
$36.17 mln
Q4 Gross Profit
$319.80 mln
Q4 Operating Expenses
$280.83 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the footwear peer group is "buy"

Wall Street's median 12-month price target for Steven Madden Ltd is $50.00, about 33.8% above its February 24 closing price of $37.36

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 17 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)