Quarterly ResultJul 31, 2026, 03:05 PM
Steven Madden Q2 Net Sales $662.9M, EPS $0.38; H1 Net Income $99.5M
AI Summary
Steven Madden reported strong financial results for Q2 2026, with net sales increasing to $662.9 million and diluted EPS of $0.38, a significant turnaround from a net loss in the prior year. For the first six months of 2026, net sales rose to $1.31 billion, and net income attributable to Steven Madden, Ltd. surged to $99.5 million, or $1.38 diluted EPS. The company also expanded its operations through the acquisition of the Spain distribution business in June 2026 and the Kurt Geiger acquisition in May 2025, alongside forming several joint ventures in 2025.
Key Highlights
- Q2 2026 Net Sales rose to $662.9 million, up 19.2% YoY.
- Q2 2026 Diluted EPS was $0.38, a significant turnaround from $(0.56) YoY.
- H1 2026 Net Sales increased to $1.31 billion, up 18.5% YoY.
- H1 2026 Diluted EPS was $1.38, a substantial increase from $0.01 YoY.
- Acquired Spain distribution business for $1.3 million in June 2026.
- Completed Kurt Geiger acquisition for $403.3 million in May 2025.
- Formed joint ventures in Greater China, Australia, and Malaysia in 2025.
- Cash and cash equivalents stood at $94.7 million.
Price Impact
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