Shoe and apparel company Steven Madden (NASDAQ: SHOO) will be reporting results this Wednesday before market hours. Here’s what you need to know.
Steven Madden missed analysts’ revenue expectations by 3.5% last quarter, reporting revenues of $559 million, up 6.8% year on year. It was a softer quarter for the company, with a significant miss of analysts’ EPS and revenue estimates.
Is Steven Madden a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Steven Madden’s revenue to grow 11.4% year on year to $695.6 million, slowing from the 13% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.44 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Steven Madden has missed Wall Street’s revenue estimates twice over the last two years.
Looking at Steven Madden’s peers in the footwear segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Nike delivered year-on-year revenue growth of 1.1%, beating analysts’ expectations by 6.5%, and Crocs reported a revenue decline of 6.2%, topping estimates by 3.3%. Nike traded up 6.5% following the results while Crocs was down 3.6%.
Read our full analysis of Nike’s results here and Crocs’s results here.
Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the footwear stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5.4% on average over the last month. Steven Madden is down 4.6% during the same time and is heading into earnings with an average analyst price target of $35.75 (compared to the current share price of $32.15).
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