Steven Maddens Ltd is a footwear and accessory company known for designing, producing, and marketing a wide range of stylish and trend-focused products
The company caters to a diverse consumer base, offering everything from casual shoes to formal footwear, along with a variety of complementary accessories. With a strong emphasis on fashion-forward design and quality craftsmanship, Steven Maddens Ltd aims to create products that resonate with contemporary lifestyles and tastes, making it a prominent name in the retail and fashion industries.
Shares of shoe and apparel company Steven Madden (NASDAQSHOO)
fell 8.4% in the afternoon session after the company reported weak fourth quarter 2024 results. Its EPS and full-year EPS guidance fell short. On the other hand, Steven Madden blew past analysts' revenue and EBITDA expectations this quarter. Looking ahead, management remains cautious about macroeconomic headwinds, particularly the impact of new tariffs, but expects its pending acquisition of Kurt Geiger to be a meaningful growth driver. Overall, this quarter was mixed.
Shoe and apparel company Steven Madden (NASDAQSHOO) announced better-than-expected revenue in Q4 CY2024, with sales up 12% year on year to $582.3 million. Its GAAP profit of $0.49 per share was 8.7% below analysts’ consensus estimates.
Steven Madden (NASDAQSHOO) reported Q4 earnings of 55 cents per share, beating Wall Street estimates of 53 cents. Revenues also surpassed expectations.
Steve Madden has agreed to acquire UK-based Kurt Geiger. The acquisition includes Kurt Geiger London, along with its brands like KG Kurt Geiger and Carvela.
LONG ISLAND CITY, N.Y., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Steven Madden, Ltd. (NASDAQSHOO), a leading designer and marketer of fashion-forward footwear, accessories and apparel, today announced that the Company plans to release its fourth quarter and fiscal year end 2024 earnings results on Wednesday, February 26, 2025. Management will host a conference call to review the results at 8:30 a.m. Eastern Time.
Over the past six months, Steven Madden’s shares (currently trading at $36.11) have posted a disappointing 14.4% loss, well below the S&P 500’s 16.9% gain. This might have investors contemplating their next move.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Skechers (NYSESKX) and the best and worst performers in the footwear industry.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Steven Madden (NASDAQSHOO) and its peers.
China may view President-elect Donald Trump's potential return to the White House as an opportunity for strategic advantage despite immediate economic challenges, according to a leading China expert.
Shoe and apparel company Steven Madden (NASDAQSHOO) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 13% year on year to $624.7 million. Its non-GAAP profit of $0.91 per share was also 2.8% above analysts’ consensus estimates.
