iHub News
4月前
Steve Madden shares slip despite Q4 earnings beat supported by Kurt Geiger acquisitionFebruary 25, 2026 9:27 AM
IH Market News
Steven Madden, Ltd. (NASDAQ:SHOO) reported fourth-quarter results on Wednesday that topped analyst expectations, helped by stronger performance in its core footwear operations and added revenue from the recently acquired Kurt Geiger brand.Despite the earnings beat, shares declined 2.30% in pre-market trading following the release.The company delivered adjusted earnings per share of $0.48, narrowly exceeding the consensus forecast of $0.47.Quarterly revenue rose 29.4% year over year to $753.7 million, slightly ahead of the $752.2 million estimate and up from $582.3 million recorded in the same period last year.Management attributed most of the revenue growth to the Kurt Geiger acquisition, while wholesale sales excluding the brand fell 2.6%.“We are pleased to have delivered above-guidance earnings results for the fourth quarter, driven by improved performance in our core Steve Madden footwear business as well as a strong contribution from the newly acquired Kurt Geiger,” said Edward Rosenfeld, Chairman and Chief Executive Officer.Looking ahead, Steven Madden expects fiscal 2026 revenue to grow between 9% and 11% compared with 2025 levels, implying sales of roughly $2.76 billion to $2.81 billion. The company did not issue earnings guidance, pointing to uncertainty surrounding recent U.S. tariff policy developments.Adjusted gross margin improved to 43.8%, compared with 40.4% a year earlier, while adjusted operating margin declined to 6.8% from 9.0%, reflecting increased operating costs.The company also warned that its private label segment may face continued pressure and that selling, general and administrative expenses are likely to rise in 2026 as incentive compensation normalizes and senior executive salaries return to prior levels.Steve Madden stock price
Original: Steve Madden shares slip despite Q4 earnings beat supported by Kurt Geiger acquisition
whytestocks
6年前
Just In: $SHOO Steve Madden Announces Third Quarter 2020 Results
LONG ISLAND CITY, N.Y., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Steve Madden (Nasdaq: SHOO), a leading designer and marketer of fashion-forward footwear, accessories and apparel for women, men and children, today announced financial results for the third quarter ended September 30, 2020. ...
Got this from SHOO - Steve Madden Announces Third Quarter 2020 Results
Penny Roger$
14年前
Steven Madden, Ltd. designs, sources, markets and sells footwear for women, men and children. It also designs, sources, markets and sells name brand and private label fashion handbags and accessories. It distributes products, through its retail stores, its e-commerce Website, department stores, specialty stores, luxury retailers, national chains and mass merchants throughout the United States and through distribution arrangements in Asia, Canada, Europe, the Middle East, Mexico, Australia, Central and South America and India. Its product line consists of a range of updated styles designed to establish or capitalize on market trends by core products. It operates in five segments: Wholesale Footwear, Wholesale Accessories, Retail, First Cost and Licensing. On February 10, 2010, the Company acquired Big Buddha, Inc. In May, 23, 2011, it acquired The Topline Corporation. In May, 26, 2011, it acquired Cejon, Inc., Cejon Accessories, Inc. and New East Designs, LLC.
http://www.google.com/finance?q=SHOO