Every material Form 8-K Steven Madden filed with the SEC in 2025, 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.
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.
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
Steve Madden reported second quarter 2025 revenue of $559.0 million, up 6.8%, but a GAAP net loss attributable to the company of $39.5 million, or $0.56 per diluted share, compared with net income of $35.4 million a year earlier. The company cited new tariffs on imported goods and did not provide 2025 financial guidance, while its Board declared a $0.21 quarterly dividend.
Revenue was $559.0 million, up from $523.6 million, with wholesale revenue down 6.4% to $360.6 million and direct-to-consumer revenue up 43.3% to $195.5 million.
GAAP loss from operations was $40.3 million, compared with income of $46.9 million a year earlier; adjusted income from operations was $22.6 million.
Adjusted diluted earnings per share were $0.20, compared with $0.57 a year earlier.
No 2025 financial guidance was given due to macroeconomic uncertainty tied to tariffs; the $0.21 dividend is payable September 23, 2025 to holders of record on September 12, 2025.
Steven Madden disclosed two departures: director Robert G. Smith resigned from the Board effective July 14, 2025, and Chief Merchandising Officer Karla Frieders resigned effective June 30, 2025. The company said neither resignation resulted from a disagreement, and it will reduce the Board from 11 to 10 members and will not appoint a new Chief Merchandising Officer for now.
Robert G. Smith resigned as a director to pursue another opportunity, effective July 14, 2025, with the Board shrinking from 11 to 10 members
Karla Frieders resigned as Chief Merchandising Officer effective June 30, 2025, citing personal reasons
The company does not plan to appoint a new Chief Merchandising Officer; some of her duties moved to other management members
Steven Madden completed its acquisition of Kurt Geiger on May 6, 2025, and entered into a new credit agreement with a $300 million term loan and a $250 million revolving credit facility, secured by the company's and subsidiaries' assets. In first-quarter results, revenue rose 0.2% to $553.5 million, but net income attributable to the company fell to $40.4 million from $43.9 million and diluted EPS fell to $0.57 from $0.60. The company also withdrew its 2025 guidance because of tariff uncertainty, so shareholders now have higher debt and no current outlook, while the $0.21 quarterly dividend was maintained.
Kurt Geiger acquisition closed May 6, 2025, at an enterprise value of approximately £289 million, funded by borrowings under the new credit agreement and cash on hand
New credit agreement provides a $300 million term loan and $250 million revolving credit facility, maturing May 6, 2030
Q1 2025 revenue rose 0.2% to $553.5 million; diluted EPS was $0.57 versus $0.60 a year earlier
2025 financial guidance withdrawn due to tariff uncertainty; quarterly dividend of $0.21 per share payable June 20, 2025
Steve Madden reported fourth-quarter 2024 revenue up 12.0% to $582.3 million, with GAAP diluted EPS flat at $0.49 and adjusted diluted EPS down to $0.55 from $0.61. For the full year, revenue rose 15.2% to $2,282.9 million and GAAP diluted EPS rose to $2.35 from $2.30. The company guided 2025 revenue growth of 17% to 19% and diluted EPS of $2.30 to $2.40, while citing new US tariffs as a headwind.
Q4 2024 revenue rose 12.0% to $582.3 million; GAAP diluted EPS was $0.49, flat year over year, and adjusted diluted EPS was $0.55 versus $0.61.
Full-year 2024 revenue rose 15.2% to $2,282.9 million; GAAP diluted EPS was $2.35 versus $2.30, and adjusted diluted EPS was $2.67 versus $2.45.
2025 outlook calls for revenue growth of 17% to 19% and diluted EPS of $2.30 to $2.40, assuming the Kurt Geiger acquisition closes on May 1, 2025.
Board declared a quarterly dividend of $0.21 per share, payable March 21, 2025 to holders of record on March 10, 2025.
Steve Madden signed a purchase agreement on February 12, 2025, to acquire the Kurt Geiger business through its UK subsidiary, at an enterprise value of about £289 million and a net equity value of £202.0 million at closing. The company also obtained debt commitments of up to $550 million from Citizens Bank, JPMorgan Chase and Citibank to help fund the deal, which remains subject to closing conditions including U.S. antitrust clearance.
Enterprise value of about £289 million; net equity value of £202.0 million at closing under a locked box arrangement
Debt commitments of up to $550 million: a $300 million term loan and a $250 million revolving credit facility
Closing requires expiration or termination of Hart-Scott-Rodino waiting periods; the agreement terminates automatically if conditions are not met by December 5, 2025
Steve Madden guarantees the UK purchaser's obligations under the agreement
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 →