Steven Madden Ltd. (NASDAQ:SHOO) reported second-quarter fiscal 2026 results on Thursday that topped Wall Street expectations and raised its full-year adjusted earnings and revenue guidance, citing continued momentum across its brands.
Adjusted earnings came in at 44 cents per diluted share, beating the analyst consensus estimate of 32 cents. Revenue rose 19.1% year over year to $665.9 million, ahead of analysts’ estimate of $636.1 million.
On a GAAP basis, net income attributable to Steven Madden totaled $27.7 million, or 38 cents per diluted share, compared with a loss of $39.5 million, or 56 cents per share, a year earlier.
Gross margin expanded to 46.5% from 40.4%, while adjusted operating income nearly doubled to $44.5 million from $22.6 million.
Brand Momentum Drives Sales Growth
