Steven Madden Reports Q2 2026 Earnings with Strong Revenue Growth
Steven Madden (SHOO) reported strong second-quarter results driven by a combination of organic growth and its acquisition of Kurt Geiger. Consolidated revenue reached $665.9 million, up 19.1% year over year. The company saw robust performance across both wholesale and direct-to-consumer segments, with notable gains in branded handbags and footwear. The gross margin improved significantly to 46.5%, reflecting higher average selling prices and reduced private-label sales pressure. Operating income rose to $44.5 million (6.7% of revenue), while net income more than doubled year over year to $31.7 million, or $0.44 per diluted share. Steven Madden raised its full-year guidance for both revenue growth and earnings per share due to the strong Q2 performance. However, management noted a potential headwind from increased freight costs related to ongoing conflict in the Middle East.
Tickers: $SHOO
Topics: direct-to-consumer_sales gross_margin revenue_growth wholesale_sales