Steven Madden downgraded by Citigroup with a new price target
$SHOO
Shoe Manufacturing
Consumer Discretionary
Citigroup downgraded Steven Madden from Buy to Neutral and set a new price target of $41.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/22/2024 | Hold | Needham | |
| 8/23/2024 | $45.00 | Neutral | Piper Sandler |
| 8/1/2024 | $44.00 → $50.00 | Market Perform | Telsey Advisory Group |
| 2/29/2024 | $39.00 → $44.00 | Market Perform | Telsey Advisory Group |
| 2/14/2024 | $45.00 | Neutral | Piper Sandler |
| 2/7/2024 | $41.00 | Buy → Neutral | Citigroup |
| 1/4/2024 | $40.00 | Buy → Hold | Jefferies |
| 9/19/2023 | $40.00 | Buy | BTIG Research |
LONG ISLAND CITY, N.Y., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Steven Madden, Ltd. (NASDAQ:SHOO), a leading designer and marketer of fashion-forward footwear, accessories and apparel, today announced financial results for the third quarter ended September 30, 2024. Amounts referred to as "Adjusted" are non-GAAP measures that exclude the items defined as "Non-GAAP Adjustments" in the "Non-GAAP Reconciliation" section. Third Quarter 2024 Results Revenue increased 13.0% to $624.7 million, compared to $552.7 million in the same period of 2023.Gross profit as a percentage of revenue was 41.5%, compared to 42.1% in the same period of 2023. Adjusted gross profit as a percentage of revenue was 41.6
LONG ISLAND CITY, N.Y., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Steven Madden, Ltd. (NASDAQ:SHOO), a leading designer and marketer of fashion-forward footwear, accessories and apparel, today announced that the Company plans to release its third quarter 2024 earnings results on Thursday, November 7, 2024. Management will host a conference call to review the results at 8:30 a.m. Eastern Time. This call is being webcast live at the Company's website at https://investor.stevemadden.com or by using the following link https://edge.media-server.com/mmc/p/ktw3zrco. The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the conference call dial-in
LONG ISLAND CITY, N.Y., July 31, 2024 (GLOBE NEWSWIRE) -- Steven Madden, Ltd. (NASDAQ:SHOO), a leading designer and marketer of fashion-forward footwear, accessories and apparel, today announced financial results for the second quarter ended June 30, 2024. Amounts referred to as "Adjusted" are non-GAAP measures that exclude the items defined as "Non-GAAP Adjustments" in the "Non-GAAP Reconciliation" section. Second Quarter 2024 Results Revenue increased 17.6% to $523.6 million, compared to $445.3 million in the same period of 2023.Gross profit as a percentage of revenue was 41.5%, compared to 42.6% in the same period of 2023.Operating expenses as a percentage of revenue were 31.3%, com
S-8 - STEVEN MADDEN, LTD. (0000913241) (Filer)
10-Q - STEVEN MADDEN, LTD. (0000913241) (Filer)
8-K - STEVEN MADDEN, LTD. (0000913241) (Filer)
LONG ISLAND CITY, N.Y., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Steven Madden, Ltd. (NASDAQ:SHOO), a leading designer and marketer of fashion-forward footwear, accessories and apparel, today announced financial results for the third quarter ended September 30, 2024. Amounts referred to as "Adjusted" are non-GAAP measures that exclude the items defined as "Non-GAAP Adjustments" in the "Non-GAAP Reconciliation" section. Third Quarter 2024 Results Revenue increased 13.0% to $624.7 million, compared to $552.7 million in the same period of 2023.Gross profit as a percentage of revenue was 41.5%, compared to 42.1% in the same period of 2023. Adjusted gross profit as a percentage of revenue was 41.6
LONG ISLAND CITY, N.Y., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Steven Madden, Ltd. (NASDAQ:SHOO), a leading designer and marketer of fashion-forward footwear, accessories and apparel, today announced that the Company plans to release its third quarter 2024 earnings results on Thursday, November 7, 2024. Management will host a conference call to review the results at 8:30 a.m. Eastern Time. This call is being webcast live at the Company's website at https://investor.stevemadden.com or by using the following link https://edge.media-server.com/mmc/p/ktw3zrco. The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the conference call dial-in
LOS ALTOS, Calif., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Fast Simon, the leader in AI-powered shopping optimization, today announced a partnership with Steve Madden (NASDAQ:SHOO), a leading designer and marketer of fashion-forward footwear, accessories and apparel. This partnership will bring advanced AI shopping optimization to 25 online stores operating on five continents and in multiple languages, representing all its brands. Steve Madden brands, including Steve Madden®, Dolce Vita®, and Betsey Johnson®, will utilize Fast Simon's AI technology for power search, discovery, and enhanced personalization and merchandising on its global eCommerce sites. Additionally, using Fast Simon's Smart R
LONG ISLAND CITY, N.Y., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Steven Madden, Ltd. (NASDAQ:SHOO) (the "Company" or "Steve Madden"), a leading designer and marketer of fashion footwear, accessories and apparel, today announced that it has completed the acquisition of privately held Almost Famous, a designer and marketer of women's apparel. Almost Famous markets products under its own brands, primarily Almost Famous, as well as private label brands for various retailers. Almost Famous has also been the exclusive licensee of Madden NYC apparel since its launch in 2022. Almost Famous distributes its products to wholesale customers, including mass merchants, department stores, off-price retailers an
LONG ISLAND CITY, N.Y., Jan. 10, 2022 (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 the appointment of Arian Simone, President and Chief Executive Officer of Fearless Fund, and Peter A. Davis, a footwear and apparel industry veteran, to its Board of Directors. Ms. Simone's and Mr. Davis' appointments expand the Board to eleven directors, nine of whom are independent directors. Edward Rosenfeld, Chairman and Chief Executive Officer, said, "We are pleased to welcome Arian and Pete to our Board of Directors. The addition of these directors complements our Board'
LONG ISLAND CITY, N.Y., Jan. 07, 2021 (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 that María Teresa Kumar has joined the Board of Directors. Ms. Kumar’s appointment expands the Board to ten directors, eight of whom are independent directors. Ms. Kumar will be a member of the Company’s Corporate Social Responsibility Committee. Edward Rosenfeld, Chairman and Chief Executive Officer, said, “We are delighted to welcome María Teresa to our Board of Directors. Her expertise in connecting and engaging with young audiences, particularly through digital communicat
Needham initiated coverage of Steven Madden with a rating of Hold
Piper Sandler resumed coverage of Steven Madden with a rating of Neutral and set a new price target of $45.00
Telsey Advisory Group reiterated coverage of Steven Madden with a rating of Market Perform and set a new price target of $50.00 from $44.00 previously
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4 - STEVEN MADDEN, LTD. (0000913241) (Issuer)
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SC 13G/A - STEVEN MADDEN, LTD. (0000913241) (Subject)
4 analysts have expressed a variety of opinions on Steven Madden (NASDAQ:SHOO) over the past quarter, offering a diverse set of opinions from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 0 3 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 0 0 2 0 0 In the assessment of 12-month price targets, analysts unveil insights for Steven Madden, presenting an average target of $45.5, a high estimate of $53.00, and a low estimate of $41.00. Thi
Telsey Advisory Group analyst Dana Telsey maintains Steven Madden (NASDAQ:SHOO) with a Market Perform and maintains $44 price target.
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