Quarterly ResultJul 30, 2026, 07:02 AM
Steve Madden Q2 Revenue +19.1% to $665.9M; Raises FY26 Guidance
AI Summary
Steven Madden, Ltd. announced strong financial results for the second quarter of 2026, with revenue increasing 19.1% to $665.9 million and net income reaching $27.7 million, or $0.38 per diluted share, a significant improvement from a loss in the prior year. The company also raised its fiscal 2026 revenue guidance to an increase of 11% to 13% and its Adjusted diluted EPS guidance to $2.05-$2.15. Additionally, the Board declared a quarterly cash dividend of $0.21 per share and appointed Kenneth Pilot as a new director, expanding the board to eleven members.
Key Highlights
- Q2 2026 revenue increased 19.1% to $665.9 million compared to Q2 2025.
- Q2 2026 net income was $27.7 million, or $0.38 per diluted share, reversing a loss from Q2 2025.
- Q2 2026 Adjusted diluted EPS was $0.44, up from $0.20 in Q2 2025.
- Fiscal 2026 revenue guidance raised to an increase of 11% to 13% (previously 10% to 12%).
- Fiscal 2026 Adjusted diluted EPS guidance raised to $2.05-$2.15 (previously $2.00-$2.10).
- Board declared a quarterly cash dividend of $0.21 per share.
- Kenneth Pilot was appointed to the Board of Directors, expanding the board to eleven members.
- Wholesale revenue increased 13.0% to $407.5 million, and direct-to-consumer revenue rose 30.6% to $255.4 million.
Price Impact
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