Every material Form 8-K Steven Madden filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Steven Madden reported third-quarter 2024 revenue up 13.0% to $624.7 million, but GAAP diluted EPS fell to $0.77 from $0.87 as operating income declined. The company raised its 2024 revenue growth and EPS outlook and declared a $0.21 quarterly dividend, so shareholders get higher guidance alongside lower reported profit.
Q3 revenue rose 13.0% to $624.7 million from $552.7 million; GAAP net income attributable to the company was $55.3 million, or $0.77 per diluted share, versus $0.87 a year earlier
Adjusted diluted EPS was $0.91 versus $0.88; the GAAP decline reflects an $8.6 million pre-tax trademark impairment in the quarter
2024 guidance now calls for revenue growth of 13% to 14% and GAAP diluted EPS of $2.36 to $2.41 (Adjusted $2.62 to $2.67)
Quarterly dividend of $0.21 per share is payable December 27, 2024, to holders of record on December 13, 2024
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.
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.
At its May 22, 2024 annual meeting, Steven Madden stockholders approved an increase to 19,000,000 shares authorized under the 2019 Incentive Compensation Plan and an Amended and Restated Certificate of Incorporation that allows exculpation of certain officers. All eleven director nominees were elected, and the amended charter took effect upon filing on May 23, 2024.
Plan now authorizes up to 19,000,000 shares of common stock for awards, per the amended plan.
Certificate Amendment allows exculpation of certain officers and includes minor, non-substantive revisions; effective May 23, 2024.
Non-binding say-on-pay vote: 64,418,486 for, 4,265,971 against, 413,325 abstentions.
Ernst & Young LLP ratified as independent auditor for fiscal 2024 with 70,262,654 votes for.
On May 6, 2024, Steven Madden entered into an amendment to the employment agreement with Lisa Keith, its Executive Vice President and General Counsel. The amendment cancels restricted stock grants that were scheduled for February 1, 2025 and February 1, 2026, and all other terms of the January 24, 2024 agreement are unchanged. The filing does not state the number of shares involved.
Amendment dated and effective May 6, 2024, to the employment agreement dated January 24, 2024
Cancels restricted stock grants scheduled for February 1, 2025 and February 1, 2026
All other terms of the Keith employment agreement remain unchanged; share counts are not disclosed
Steve Madden reported first quarter 2024 revenue up 19.1% to $552.4 million and diluted EPS of $0.60, up from $0.48 a year earlier. The company said it continues to expect fiscal 2024 revenue growth of 11% to 13% and diluted EPS of $2.51 to $2.61, and declared a $0.21 quarterly dividend.
Revenue rose 19.1% to $552.4 million from $463.8 million; wholesale revenue rose 21.0% to $438.2 million.
Diluted EPS was $0.60 versus $0.48; adjusted diluted EPS was $0.65 versus $0.50.
Gross profit was 40.7% of revenue, down from 42.1% a year earlier.
Quarterly dividend of $0.21 per share is payable June 21, 2024 to holders of record as of June 10, 2024; 2024 outlook was maintained.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Steven Madden filing is on SEC EDGAR ↗. 8-K briefs of other companies →