Steve Madden Q3 revenue rises 6.9% to $667.9 million; net income falls to $20.5 million
Steve Madden reported third quarter 2025 revenue up 6.9% to $667.9 million, but net income attributable to the company fell to $20.5 million, or $0.29 per diluted share, from $55.3 million, or $0.77, a year earlier. The company cited new tariffs on imported goods as the main drag and expects fourth quarter revenue to rise 27% to 30% with diluted EPS of $0.30 to $0.35.
Key points
- Revenue rose 6.9% to $667.9 million; net income attributable to Steve Madden fell to $20.5 million, or $0.29 per diluted share, from $55.3 million, or $0.77
- Wholesale revenue fell 10.7% to $442.7 million; direct-to-consumer revenue rose 76.6% to $221.5 million, including the Kurt Geiger acquisition
- Fourth quarter 2025 outlook: revenue expected to increase 27% to 30%; diluted EPS expected between $0.30 and $0.35
- Board declared a quarterly dividend of $0.21 per share, payable December 26, 2025, to holders of record as of December 15, 2025
The filing
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 November 05, 2025.
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.