--- title: "Steven Madden | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 665.87 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/294350687.md" datetime: "2026-07-30T11:03:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294350687.md) - [en](https://longbridge.com/en/news/294350687.md) - [zh-HK](https://longbridge.com/zh-HK/news/294350687.md) generator: "portal-rs" --- # Steven Madden | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 665.87 M Revenue: As of FY2026 Q2, the actual value is USD 665.87 M, beating the estimate of USD 638.43 M. EPS: As of FY2026 Q2, the actual value is USD 0.38. EBIT: As of FY2026 Q2, the actual value is USD 39.32 M. ### Quarterly Cash Dividend Steven Madden, Ltd. declared a quarterly cash dividend of $0.21 per share on its outstanding common stock, payable on September 24, 2026, to stockholders of record as of September 11, 2026. ### Consulting Services Mr. Kenneth Pilot received $160,000 for consulting services provided to Steven Madden, Ltd. in 2025, with the arrangement terminating in July 2025. ### Second Quarter 2026 Financial Results #### Revenue Steven Madden, Ltd.’s total revenue increased 19.1% to $665.9 million in the second quarter of 2026, up from $559.0 million in the same period of 2025. #### Gross Profit Gross profit as a percentage of revenue was 46.5% in the second quarter of 2026, compared to 40.4% in the second quarter of 2025. Adjusted gross profit as a percentage of revenue was 46.5%, compared to 41.9% in the same period of 2025. #### Operating Expenses Operating expenses as a percentage of revenue were 40.6% in the second quarter of 2026, compared to 47.2% in the second quarter of 2025. Adjusted operating expenses as a percentage of revenue were 39.8%, compared to 37.9% in the same period of 2025. #### Income From Operations Income from operations totaled $39.3 million, or 5.9% of revenue, in the second quarter of 2026, compared to -$40.3 million, or -7.2% of revenue, in the second quarter of 2025. Adjusted income from operations totaled $44.5 million, or 6.7% of revenue, compared to $22.6 million, or 4.0% of revenue, in the same period of 2025. #### Net Income Attributable to Steven Madden, Ltd. Net income attributable to Steven Madden, Ltd. was $27.7 million, or $0.38 per diluted share, compared to -$39.5 million, or -$0.56 per diluted share, in the second quarter of 2025. Adjusted net income attributable to Steven Madden, Ltd. was $31.7 million, or $0.44 per diluted share, compared to $13.9 million, or $0.20 per diluted share, in the same period of 2025. ### Second Quarter 2026 Channel Results #### Wholesale Business Revenue Revenue for the wholesale business was $407.5 million, a 13.0% increase compared to the second quarter of 2025. Excluding Kurt Geiger, wholesale revenue increased 11.5%. Wholesale footwear revenue increased 9.0%, or 7.8% excluding Kurt Geiger. Wholesale accessories/apparel revenue increased 19.2%, or 17.5% excluding Kurt Geiger. Gross profit as a percentage of wholesale revenue was 35.2% in the second quarter of 2026, compared to 30.0% in the second quarter of 2025. Adjusted gross profit as a percentage of wholesale revenue was 35.2%, compared to 30.9% in the second quarter of 2025. #### Direct-to-Consumer Business Revenue Direct-to-consumer revenue was $255.4 million, a 30.6% increase compared to the second quarter of 2025. Excluding Kurt Geiger, direct-to-consumer revenue increased 11.1%. Gross profit as a percentage of direct-to-consumer revenue was 64.0%, compared to 58.7% in the second quarter of 2025. Adjusted gross profit as a percentage of direct-to-consumer revenue was 64.0%, compared to 61.3% in the second quarter of 2025. #### Operational Presence As of the end of the quarter, Steven Madden, Ltd. operated 382 Company-operated brick-and-mortar retail stores (including 92 outlets), 8 e-commerce websites, and 164 Company-operated concessions in international markets. ### Balance Sheet Highlights (as of June 30, 2026) #### Debt and Cash Total debt outstanding was $124.8 million. Cash and cash equivalents were $94.7 million. Net debt, a non-GAAP financial measure, was $30.1 million. ### Cash Flow (Six Months Ended June 30) #### Operating Activities Net cash provided by operating activities was $149,263 thousand in 2026, compared to $47,635 thousand in 2025. #### Investing Activities Net cash used in investing activities was -$15,739 thousand in 2026, compared to -$377,856 thousand in 2025. #### Financing Activities Net cash used in financing activities was -$151,502 thousand in 2026, compared to $249,466 thousand in 2025. ### Fiscal 2026 Outlook Steven Madden, Ltd. raised its fiscal 2026 revenue guidance, now expecting an increase of 11% to 13% compared to fiscal 2025. The company continues to project fiscal 2026 diluted EPS in the range of $2.55 to $2.65. Adjusted diluted EPS is now expected to be in the range of $2.05 to $2.15, an increase from the prior guidance range of $2.00 to $2.10. ### Related Stocks - [SHOO.US](https://longbridge.com/en/quote/SHOO.US.md) ## Related News & Research - [Steven Madden Turns Fashion Heat Into Earnings Fireworks](https://longbridge.com/en/news/294382648.md) - [Steven Madden (NASDAQ:SHOO) Hits New 12-Month High Following Strong Earnings](https://longbridge.com/en/news/294410546.md) - [Here’s what Elon Musk’s trillion dollars can buy](https://longbridge.com/en/news/296179589.md) - [Hidden Valley Ranch dressing may be a victim of this summer's salad scare](https://longbridge.com/en/news/296268903.md) - [CPS Technologies leases 80,000-sq-ft Attleboro, Massachusetts facility to expand operations](https://longbridge.com/en/news/296531870.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**