STEVEN MADDEN, LTD. 1Q 2026: Revenue $653.1M, EPS $1— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.STEVEN MADDEN, LTD. reported a revenue of $653.1M and diluted EPS of $1 for Q1 2026, marking an 18% increase from $553.53M and $0.57 in the previous year. The growth is attributed to the Kurt Geiger acquisition and a significant rise in direct-to-consumer sales, which surged by 83.8%. Net income rose by 77.7% to $71.82M. The company is focusing on sourcing diversification and cost controls in response to new trade measures.
STEVEN MADDEN, LTD. reported first-quarter 2026 results with revenue of $653.1M and diluted EPS of $1, versus $553.53M and $0.57 in the year-ago quarter, reflecting an 18% revenue increase and stronger profitability largely tied to the Kurt Geiger acquisition and growth in direct-to-consumer channels.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $653.1M | $553.53M | 18% |
| Net income² | $71.82M | $40.42M | 77.7% |
| Diluted EPS³ | $1 | $0.57 | 75.4% |
¹ Reported as “Total revenue”. ² Reported as “Net income attributable to Steven Madden, Ltd.”. ³ Reported as “Diluted net income per share”.
Business Highlights
- Revenue growth was driven primarily by the Kurt Geiger acquisition and stronger direct-to-consumer (DTC) performance.
- DTC sales surged 83.8% and accounted for 31.5% of revenue, supported by expanded stores, e-commerce and international concessions.
- Kurt Geiger integration increased wholesale and non-footwear mix, aiding gross margins and broadening product assortment.
- Inventory turnover slowed to 3.4x (4.7x excluding Kurt Geiger); the company emphasized sourcing diversification, speed-to-market and cost controls.
- The company recognized a benefit from an IEEPA tariff refund and is responding to new trade measures with diversified sourcing and selective pricing.
Original SEC Filing: STEVEN MADDEN, LTD. [ SHOO ] - 10-Q - May. 08, 2026