Earnings Releases·Nov 5, 2026, 7:45 AM ET

Steven Madden, Ltd. — Third Quarter 2026 Earnings Summary

Revenue surged 15.7% year-over-year to $772.6 million, driven by a 19.4% increase in wholesale sales and an 8.0% rise in direct-to-consumer revenue, while net income attributable to the company jumped to $52.4 million ($0.72 per share) from $20.5 million in the prior year.
Fiscal 2026 guidance was raised across all metrics: revenue growth to 12–13%, diluted EPS to $2.58–$2.63, and adjusted diluted EPS to $2.15–$2.20, reflecting management's confidence in strong brand momentum and disciplined execution.
Balance sheet strength improved significantly with total debt reduced to $120.2 million from $234.2 million at year-end 2025, resulting in net debt of $48.8 million and $152.7 million in net cash provided by operating activities for the first nine months of 2026.
The Board declared a quarterly cash dividend of $0.21 per share; however, no share repurchases were conducted during the quarter, and the company noted ongoing integration risks related to the Kurt Geiger acquisition alongside exposure to tariffs and supply chain disruptions.