Earnings ·
Steven Madden raises full-year revenue and EPS outlook after Q3 net income triples to $52.4M
SHOOSteven Madden, Ltd.
Steven Madden reported third-quarter fiscal 2026 net income of $52.4 million, or $0.72 per diluted share, compared to $20.5 million in the prior year period. Revenue increased 15.7% to $772.6 million, driven by a 19.4% rise in wholesale sales and an 8.0% increase in direct-to-consumer revenue. Gross profit margin expanded to 44.6% from 41.5%. The company raised its full-year fiscal 2026 guidance, now expecting revenue growth of 12% to 13% and adjusted diluted EPS between $2.15 and $2.20. Additionally, the board declared a quarterly cash dividend of $0.21 per share, payable December 24, 2026 to record holders on December 11, 2026. Steven Madden designs, sources, and markets fashion-forward footwear, accessories, and apparel.