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AI brief of an SEC Form 8-K · Steven Madden (SHOO)

Steve Madden Q2 revenue rises 17.6% to $523.6 million; diluted EPS $0.49

Positive Impact 3 of 5 earnings Written later

Steven Madden reported second-quarter 2024 revenue of $523.6 million, up 17.6% from a year earlier, and GAAP diluted EPS of $0.49, up from $0.46. The company kept its fiscal 2024 outlook unchanged and declared a $0.21 quarterly dividend, which matters to shareholders because it signals steady sales growth and reaffirmed earnings guidance.

Key points

  • Revenue rose 17.6% to $523.6 million from $445.3 million in the second quarter of 2023.
  • GAAP diluted EPS was $0.49 versus $0.46; Adjusted diluted EPS was $0.57 versus $0.47.
  • Gross profit as a percentage of revenue was 41.5%, down from 42.6%; a $6.6 million expense tied to the Almost Famous contingent consideration was recorded.
  • Fiscal 2024 outlook continued: revenue growth of 11% to 13% and diluted EPS of $2.43 to $2.53; the quarterly dividend is $0.21, payable September 23, 2024.

The filing

CompanySteven Madden (SHOO)
Form8-K, current report
Filed with the SECJul 31, 2024, 7:05 AM ET
Accession number0001493152-24-029685

Items reported: 2.02 Results of Operations8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 31, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.