Steven Madden, Ltd. designs, sources, markets, and sells fashion-forward branded and private label footwear for women, men, and children in the United States and internationally. Its Wholesale Footwear segment provides footwear under the Steve Madden Women's, Madden Girl, Steve Madden Men's, Madden, Steven, Steve Madden Kids, Betsey Johnson, Report, Mad Love, Blondo, GREATS, and Anne Klein brands, as well as private label footwear. The company's Wholesale Accessories segment offers Steve Madden, Steven by Steve Madden, Madden Girl, Betsey Johnson, Big Buddha, Anne Klein, Luv Betsey, BB Dakota, BB Dakota x Steve Madden, and Cupcakes & Cashmere brands; private label fashion handbags and accessories to department stores, mass merchants, value priced retailers, online retailers, and specialty stores; and cold weather accessories, fashion scarves, wraps, and other trend accessories primarily under the Steve Madden, BB Dakota, Cejon, Betsey Johnson, and Big Buddha brand names, as well as private labels to department stores and specialty stores. Its Retail segment operates Steve Madden, Steven, Superga, and International retail stores, as well as Steve Madden, Superga, Betsey Johnson, Blondo, Dolce Vita, GREATS, and BB Dakota e-commerce websites. The company's Licensing segment licenses its Steve Madden, Steven by Steve Madden, Madden Girl, Betsey Johnson, Dolce Vita, and FREEBIRD by Steven trademarks. Its First Cost segment operates as a buying agent for footwear products under private labels for mass-market merchandisers, shoe chains, and other mid-tier retailers. As of December 31, 2020, it owned and operated 218 retail stores, including 143 Steve Madden full-price stores, 66 Steve Madden outlet stores, 1 Steven store, and 1 Superga store, as well as 7 e-commerce websites. Steven Madden, Ltd. was founded in 1990 and is headquartered in Long Island City, New York.
IPO Year: 1993
Exchange: NASDAQ
Website: stevemadden.com
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 |
4/13/2023 | $40.00 → $42.00 | Neutral → Buy | Citigroup |
11/1/2022 | $43.00 → $29.00 | Outperform → Neutral | Wedbush |
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
NEW YORK, Aug. 19, 2024 /PRNewswire/ -- Today, Unified Commerce Group (UCG) announces the expansion of its portfolio with the acquisition of substantially all assets of GREATS Inc., a digitally-native footwear brand specializing in premium sneakers for men and women, as well as a strategic investment in Utah-based womenswear retailer Böhme. Unified Commerce Group was founded in 2019 as a platform to enable purpose-driven lifestyle brands to scale through shared services, anchored by data-driven customer insights and operational excellence. GREATS becomes the third brand in UCG
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
LONG ISLAND CITY, N.Y., July 17, 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 second quarter 2024 earnings results on Wednesday, July 31, 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/fqn8ogri. The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the conference call dial-in i
LONG ISLAND CITY, N.Y., May 01, 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 first quarter ended March 31, 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. First Quarter 2024 Results Revenue increased 19.1% to $552.4 million, compared to $463.8 million in the same period of 2023.Gross profit as a percentage of revenue was 40.7%, compared to 42.1% in the same period of 2023. Adjusted gross profit as a percentage of revenue was 40.7% in
LONG ISLAND CITY, N.Y., April 25, 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 first quarter 2024 earnings results on Wednesday, May 1, 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/s9ph66uj. The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the conference call dial-in ins
LONG ISLAND CITY, N.Y., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Steve Madden (NASDAQ:SHOO), a leading designer and marketer of fashion-forward footwear, accessories and apparel, today announced financial results for the fourth quarter and full year ended December 31, 2023 and provided its 2024 outlook. Amounts referred to as "Adjusted" are non-GAAP measures that exclude the items defined as "Non-GAAP Adjustments" in the "Non-GAAP Reconciliation" section. Fourth Quarter 2023 Results Revenue increased 10.4% to $519.7 million compared to $470.6 million in the same period of 2022.Gross profit as a percentage of revenue was 41.3% compared to 42.2% in the same period of 2022. Adjusted gross profit
LONG ISLAND CITY, N.Y., Feb. 14, 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 fourth quarter and fiscal year end 2023 earnings results on Wednesday, February 28, 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/d488xfs5. The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the c
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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
LONG ISLAND CITY, N.Y., July 17, 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 second quarter 2024 earnings results on Wednesday, July 31, 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/fqn8ogri. The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the conference call dial-in i
LONG ISLAND CITY, N.Y., May 01, 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 first quarter ended March 31, 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. First Quarter 2024 Results Revenue increased 19.1% to $552.4 million, compared to $463.8 million in the same period of 2023.Gross profit as a percentage of revenue was 40.7%, compared to 42.1% in the same period of 2023. Adjusted gross profit as a percentage of revenue was 40.7% in
LONG ISLAND CITY, N.Y., April 25, 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 first quarter 2024 earnings results on Wednesday, May 1, 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/s9ph66uj. The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the conference call dial-in ins
LONG ISLAND CITY, N.Y., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Steve Madden (NASDAQ:SHOO), a leading designer and marketer of fashion-forward footwear, accessories and apparel, today announced financial results for the fourth quarter and full year ended December 31, 2023 and provided its 2024 outlook. Amounts referred to as "Adjusted" are non-GAAP measures that exclude the items defined as "Non-GAAP Adjustments" in the "Non-GAAP Reconciliation" section. Fourth Quarter 2023 Results Revenue increased 10.4% to $519.7 million compared to $470.6 million in the same period of 2022.Gross profit as a percentage of revenue was 41.3% compared to 42.2% in the same period of 2022. Adjusted gross profit
LONG ISLAND CITY, N.Y., Feb. 14, 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 fourth quarter and fiscal year end 2023 earnings results on Wednesday, February 28, 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/d488xfs5. The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the c
LONG ISLAND CITY, N.Y., Nov. 08, 2023 (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, 2023. 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 2023 Results Revenue decreased 0.7% to $552.7 million compared to $556.6 million in the same period of 2022.Gross profit as a percentage of revenue was 42.1% compared to 41.2% in the same period of 2022.Operating expenses as a percentage of revenue were 27.1
LONG ISLAND CITY, N.Y., Oct. 25, 2023 (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 2023 earnings results on Wednesday, November 8, 2023. 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/e3y7upjj. The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the conference call dial-in
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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
Telsey Advisory Group reiterated coverage of Steven Madden with a rating of Market Perform and set a new price target of $44.00 from $39.00 previously
Piper Sandler initiated coverage of Steven Madden with a rating of Neutral and set a new price target of $45.00
Citigroup downgraded Steven Madden from Buy to Neutral and set a new price target of $41.00
Jefferies downgraded Steven Madden from Buy to Hold and set a new price target of $40.00
BTIG Research resumed coverage of Steven Madden with a rating of Buy and set a new price target of $40.00
Citigroup upgraded Steven Madden from Neutral to Buy and set a new price target of $42.00 from $40.00 previously
Wedbush downgraded Steven Madden from Outperform to Neutral and set a new price target of $29.00 from $43.00 previously
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.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Needham raised the price target for Semtech Corporation (NASDAQ:SMTC) from $38 to $50. Needham analyst Quinn Bolton maintained a Buy rating. Semtech shares gained 3.5% to close at $38.68 on Wednesday. See how other analysts view this stock. Cantor Fitzgerald cut the price target for Sprinklr, Inc. (NYSE:CXM) from $16 to $10. Cantor Fitzgerald analyst Brett Knoblauch downgraded the stock from Overweight to Neutral. Sprinklr shares rose 1.2% to close at $10.84 on Wednesday. See how other analysts vie
4 analysts have shared their evaluations of Steven Madden (NASDAQ:SHOO) during the recent three months, expressing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved 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 1 0 0 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 2 0 0 3M Ago 0 0 0 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $45.5, with a high estimate of $53.00 and a low estimate of $41.00. This current average refl
BTIG analyst Janine Stichter maintains Steven Madden (NASDAQ:SHOO) with a Buy and raises the price target from $50 to $53.
The Nasdaq 100 closed slightly higher by over 60 points on Monday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga’s insider transactions platform. Steven Madden The Trade: Steven Madden Ltd (NASDAQ:SHOO) Chief Merchandising Officer Karla Frieders sold a total of 12
Time to break out the windbreakers and baggy jeans; ‘90s fashion is coming back.Rising interest in 1990s and early 2000s fashion on social media apps like Instagram and TikTok have helped fuel the comeback of a look that had appeared to die off. Search terms like ‘Y2K fashion' have trended higher throughout the last five years, according to Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOG) Google Trends.And so far, some clear winners of the trend have emerged. Abercrombie & Fitch Co (NYSE:ANF), a mall staple and one of the leaders of fashion in the 1990s and early 2000s, has surged back through an updated catalog and trendy celebrity endorsements.The company reported earnings earlier this week, reporti
In the preceding three months, 6 analysts have released ratings for Steven Madden (NASDAQ:SHOO), presenting a wide array of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 6 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 2 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 3 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $42.5, a high estimate of $44.00, and a low estimate of $39.00. This current average represe
Wedbush analyst Tom Nikic reiterates Steven Madden (NASDAQ:SHOO) with a Neutral and maintains $41 price target.
Telsey Advisory Group analyst Dana Telsey maintains Steven Madden (NASDAQ:SHOO) with a Market Perform and maintains $44 price target.
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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
LONG ISLAND CITY, N.Y., Dec. 10, 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 the appointment of Zine Mazouzi, currently Chief Accounting Officer and Senior Vice President of Finance and Operations, to succeed Arvind Dharia as Chief Financial Officer, effective January 1, 2021. To ensure a smooth transition, Mr. Dharia will serve in an advisory capacity through 2021. Mr. Mazouzi has over 20 years of experience in the footwear industry and a proven record in corporate finance, financial planning and analysis, operations, strategic planning and risk mana