Steven Madden 2025 Q3 Earnings Net Income Plummets 61.4% Amid Mixed Revenue Growth

Steven Madden (SHOO) reported fiscal 2025 Q3 earnings on Nov 11, 2025, with mixed results. , but net income and EPS declined sharply. The results fell short of revenue estimates and missed Wall Street’s EPS expectations, signaling underlying challenges despite top-line growth.

Revenue

, . The wholesale segment remained the largest contributor, , though footwear sales within wholesale dipped slightly. , . Licensing income, , demonstrated stability. The performance underscores divergent trends across segments, with e-commerce growth offsetting softer wholesale demand.

Earnings/Net Income

Steven Madden’s earnings for 2025 Q3 saw a significant decline, with EPS dropping 62.8% to $0.29 from $0.78 in 2024 Q3. , . The sharp contraction in profitability, despite revenue growth, highlights margin pressures or cost challenges.

Price Action

Steven Madden’s stock price experienced mixed short-term performance. , . The post-earnings price action suggests investor uncertainty amid conflicting signals of revenue strength and earnings weakness.

Post-Earnings Price Action Review

Steven Madden’s stock faced immediate volatility following the earnings release, . The divergence between short-term price trends and the earnings report’s mixed results—revenue growth versus sharp profit declines—reflects investor skepticism about the company’s ability to sustain profitability. Analysts may interpret the price action as a cautionary signal, .

CEO Commentary

, CEO of the company, emphasized the need for strategic reinvestment in digital platforms and product diversification during the earnings call. “While our revenue growth is encouraging, we remain focused on optimizing margins and enhancing customer engagement,” he stated. The CEO highlighted direct-to-consumer momentum and international revenue gains as key growth drivers but acknowledged challenges in wholesale segments. Leadership remains optimistic about long-term opportunities but cautioned about near-term margin pressures.

Guidance

The company did not provide explicit forward-looking guidance during the earnings call. However, based on current performance, analysts may infer cautious expectations for 2025 Q4, particularly given the domestic revenue decline and wholesale softness.

Additional News

In the three weeks following the earnings release, Steven Madden announced a strategic partnership with a European to expand its international direct-to-consumer footprint. The company also unveiled a new targeting 2030 carbon neutrality, aligning with broader industry trends. Additionally, Steven Madden’s board approved a stock repurchase program, signaling confidence in its long-term value proposition. These moves underscore the company’s focus on innovation and shareholder returns amid evolving market dynamics.