$SHOO

STEVEN MADDEN, LTD.

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Steve Madden is looking to sell Kurt Geiger's concessions business - Sky (SHOO:NASDAQ)

Steve Madden (SHOO) is exploring the sale of Kurt Geiger's concessions business, which operates shoe departments in Harrods and Selfridges. The company is working with investment bank Solomon Partners on the potential sale, which is reportedly in its early stages. This move could impact SHOO's portfolio and financial strategy.

BMO cautious on softlines, bearish on athletic names

BMO Capital Markets initiated coverage of the softlines sector with a cautious outlook, citing a weakening consumer and rising costs. The firm is bearish on athletic names, including Nike (target $30), Deckers ($70), Dick's Sporting Goods ($110), and lululemon ($70), all with earnings below consensus. BMO is more constructive on companies with self-help stories, rating Abercrombie & Fitch, Amer Sports, Carter's, and Steve Madden as Outperform.

SHOO sentiment & insider activity

Recent SHOO coverage spans earnings, insider activity and mergers & acquisitions.

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News on $SHOO

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BMO cautious on softlines, bearish on athletic names

BMO Capital Markets initiated coverage of the softlines sector with a cautious outlook, citing a weakening consumer and rising costs. The firm is bearish on athletic names, including Nike (target $30), Deckers ($70), Dick's Sporting Goods ($110), and lululemon ($70), all with earnings below consensus. BMO is more constructive on companies with self-help stories, rating Abercrombie & Fitch, Amer Sports, Carter's, and Steve Madden as Outperform.

$SHOOMed

SHOO Q2 Deep Dive: Brand Momentum and Margin Expansion Drive Outperformance

Steve Madden’s Q2 update cites growth in its Steve Madden brand, including a 71% rise in global online searches, and about 30% handbag growth across channels. Kurt Geiger U.S. added two stores and posted 12% comparable sales growth. Gross margin improved on higher prices and less promotion. CFO noted $0.06 per share added freight and tariff pressure.

$SHOOHighAI 9/10

Steven Madden (SHOO) Q2 2026 Earnings Call Transcript

Thursday, July 30, 2026 at 8:30 a.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer - Edward Rosenfeld Chief Financial Officer and Executive Vice President of Operations - Zine Mazouzi Vice President of Corporate Development and Investor Relations - Danielle McCoy TAKEAWAYS Consolidated Revenue -- $665.9 million, an increase of 19.1% year over year driven by the acquisition of Kurt Geiger and organic growth in the Steve Madden and Dolce Vita brands.

$SHOOHighAI 9/10

Steve Madden Is on the Upswing as Company Delivers Strong Q2

Steven Madden (Steven Madden Ltd.) reported Q2 ended June 30 net income of $27.7M, or 38 cents diluted EPS, versus a year-ago net loss. Revenue rose 19.1% to $665.9M and net sales rose 19.2% to $662.9M. DTC revenue increased 30.6% to $255.4M. The company raised FY2026 revenue guidance to +11% to +13% and adjusted diluted EPS to $2.05-$2.15.

$SHOOHigh

STEVEN MADDEN, LTD. (SHOO): Steve Madden Announces Second Quarter 2026 Results

STEVEN MADDEN, LTD. (SHOO) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Steve Madden Announces Second Quarter 2026 Results ~ Raises Fiscal 2026 Revenue and Adjusted Diluted EPS Guidance; Reaffirms GAAP Diluted EPS Guidance ~ ~ Announces Appointment of Ken Pilot to Board of Directors ~ LONG ISLAND CITY, N.Y., July 30, 2026 – Steven Madden

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