Steve Madden oznámil 9% růst globálních srovnatelných tržeb, tažený obuví a silnější poptávkou po kabelkách. Tržby z přímého prodeje (DTC) vzrostly o 30,6 % na 255,4 mil. USD.
Key Takeaways Steve Madden posted 9% global comparable-sales growth, led by footwear and stronger handbag demand.SHOO grew DTC revenue 30.6%, improving pricing control and supporting faster inventory replenishment.SHOO raised the Dolce Vita 2026 outlook, while tariff, freight and higher operating costs remain risks. Steven Madden, Ltd. (SHOO - Free Report) shares have climbed 22.5% in the past month as improving brand momentum, earnings growth and estimate revisions draw investor attention. The Zacks Consensus Estimate for current-fiscal-year earnings has moved 2.4% higher over the past four weeks.
The rally now faces a tougher test. Better operating trends support the advance, but valuation and cost pressures leave less room for execution missteps.
SHOO’s Core Brand Regains MomentumThe Steve Madden brand extended its late-2025 inflection in the second quarter of 2026. Trend-right women’s and men’s footwear, along with renewed handbag demand, helped global comparable sales rise 9%, including 17% growth in the United States.
Consumer engagement also accelerated, with global online searches up 71%. Branded wholesale revenues increased 20%, supported by sell-through, reorders and faster pursuit of best sellers, while handbags grew about 30% across channels.
Steve Madden’s DTC Growth Supports Better EconomicsDirect-to-consumer revenues increased 30.6% to $255.4 million. Excluding Kurt Geiger, DTC revenues rose 11.1%, with double-digit growth in stores and e-commerce.
A larger full-price mix can improve pricing control and reduce promotional pressure. It also gives SHOO better customer data and enables quicker replenishment, helping merchandising teams respond to demand with less inventory risk.
SHOO Stock Past One-Month Performance
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SHOO’s Brand Portfolio Broadens the Growth StoryKurt Geiger is becoming a larger premium growth platform. Management maintained its mid-teens pro forma revenue-growth outlook, while existing U.S. stores delivered 12% comparable-sales growth and healthy four-wall profitability.
Dolce Vita adds another growth pillar. SHOO raised the brand’s 2026 revenue forecast to high-single-digit to low-double-digit growth as footwear, handbags and international expansion gained traction.
Crocs, Inc. (CROX - Free Report) also raised its 2026 outlook after reporting record second-quarter results, underscoring continued demand for differentiated footwear brands. Urban Outfitters, Inc. (URBN - Free Report) reported record fiscal first-quarter sales and income, offering another sign that trend-right retail concepts can still win consumer spending.
SHOO Faces a Higher Bar After the RallyTariff and freight uncertainty remain central risks. Management added 6 cents of second-half earnings pressure from higher air freight and continues to absorb increased shipping costs to direct customers.
Private-label revenues are expected to decline at a mid- to high-teen rate in 2026. Adjusted operating expenses also rose 25.3% to $265.1 million, and higher marketing, incentive compensation and DTC costs could restrain operating leverage.
SHOO’s Valuation Leaves Less Room for ErrorSHOO trades at 20.0X forward 12-month earnings, near the footwear sub-industry’s 20.1X and the S&P 500’s 20.6X, but above the consumer discretionary sector’s 16.5X.
The multiple also exceeds SHOO’s five-year median of 14.7X. Sustained earnings growth may justify that premium, but a slowdown in brand momentum or weaker margin expansion could pressure the stock after its rapid advance.
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SHOO’s Momentum Scores Support a Measured ViewThe operating picture is improving, but the rally already reflects meaningful optimism. SHOO’s brand mix, DTC growth and raised outlook support further earnings progress, while valuation and external cost risks argue against an aggressive stance.
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Its Growth Score of A, Momentum Score of A and VGM Score of A point to favorable growth and price-trend characteristics, while the Value Score of C reflects a less compelling valuation profile. Together, the signals support a measured view rather than a clear-cut call for continued outperformance.
Steven Madden zvýšil výhled tržeb na rok 2026 na růst 11 % až 13 % a upraveného zisku na akcii na 2,05 až 2,15 USD po silném 2. čtvrtletí. Současně varuje před pomalejším růstem marží kvůli přepravě, clům a vyšším nákladům.
Key Takeaways SHOO raised its 2026 revenue and adjusted earnings outlook after stronger second-quarter results.Steve Madden lifted its 2026 brand outlook as footwear, handbags and wholesale demand accelerated.SHOO expects slower margin expansion as freight, tariffs and higher operating costs increase. Steven Madden, Ltd. (SHOO - Free Report) raised its 2026 revenue and adjusted earnings outlook after stronger second-quarter results and improving demand across its key brands. Investors now need to assess whether brand momentum can continue to outweigh freight, tariff and expense pressures in the second half.
The revised guidance shows greater confidence in the operating trend, but the new targets also raise the execution bar as external costs increase.
SHOO’s Raised Guidance Signals Greater ConfidenceSHOO now expects 2026 revenues to increase 11%-13%, up from its previous forecast of 10%-12%. Adjusted earnings are projected in the range of $2.05-$2.15 per share, compared with the prior outlook of $2.00-$2.10.
Management said the revenue increase mainly reflects stronger expectations for the periods ahead. Better-than-expected second-quarter gross margin also supported the earnings revision. Adjusted gross margin expanded 460 basis points year over year to 46.5%, helped by higher average selling prices, lower private-label penetration and a smaller tariff drag.
Crocs, Inc. (CROX - Free Report) also reported record second-quarter 2026 results and raised its full-year outlook, showing that differentiated footwear brands can still produce growth. Urban Outfitters, Inc. (URBN - Free Report) posted record fiscal first-quarter sales and income, reinforcing the importance of brand relevance and merchandise execution across consumer businesses.
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Steve Madden Drives the Guidance IncreaseThe Steve Madden brand was the primary growth engine in the second quarter. Trend-right assortments lifted demand across women’s footwear, men’s footwear and handbags, while global comparable sales increased 9%, including a 17% gain in the United States.
Branded wholesale revenues rose 20% as sell-through, reorders and the ability to chase best sellers improved. Handbag revenues increased about 30% across channels. Management raised its 2026 outlook for the flagship brand to high-single-digit revenue growth from the previous mid- to high-single-digit range.
Demand also remained favorable entering the third quarter. Management cited similar direct-to-consumer trends and higher sell-through at the Nordstrom Anniversary Sale, suggesting that momentum was broad across categories and channels rather than dependent on one product cycle.
Kurt Geiger and Dolce Vita Add Growth DepthKurt Geiger is expanding SHOO’s premium direct-to-consumer and international exposure. The company opened two U.S. full-price stores in the second quarter, bringing the total to seven. Existing locations generated 12% comparable-store growth and healthy four-wall profitability.
SHOO also acquired the Kurt Geiger distribution business in Spain and Portugal and continues to pursue distribution and joint-venture opportunities in other markets. Management maintained its outlook for mid-teens pro forma revenue growth for the brand.
Dolce Vita delivered gains across wholesale and direct-to-consumer channels, supported by footwear, handbags and international expansion. Management raised its 2026 revenue outlook to high-single-digit to low-double-digit growth from high-single-digit growth.
SHOO’s Margin Gains May ModerateManagement still expects year-over-year gross margin improvement in each remaining quarter of 2026, but the rate of expansion is likely to slow. SHOO will lap the Kurt Geiger acquisition, which reduces the benefit from a richer mix comparison, while prior pricing actions also become part of the year-ago base.
Freight and supplier costs are moving in the opposite direction. The company is using more air freight to chase best sellers and work around disrupted ocean routes, while supplier cost pressure is becoming harder to defer. These factors could limit the margin benefit from branded and direct-to-consumer growth.
SHOO’s Cost Headwinds Test the New OutlookThe prolonged Middle East conflict added 6 cents per share of second-half freight pressure to management’s forecast. SHOO is also absorbing higher shipping costs to direct customers.
The company incorporated announced third-quarter tariffs into its outlook and continues to assume a 15% tariff rate for the fourth quarter because additional trade investigations remain unresolved. Further disruption could require additional pricing, reduce gross margin gains or test demand elasticity.
Adjusted operating expenses also remain elevated as SHOO invests in marketing, incentive compensation and direct-to-consumer expansion. Management expects selling, general and administrative expenses to equal about 38.3% of revenues in 2026.
SHOO’s Scores Back Growth With CautionThe raised outlook and improving brand trends support a constructive operating view. SHOO’s stronger mix, direct-to-consumer growth and broader brand contribution could sustain earnings progress if execution remains on track.
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The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Its Growth Score of A, Momentum Score of A and VGM Score of A align with improving fundamentals and price momentum. Its Value Score of C, together with tariff, freight and expense risks, suggests investors should monitor whether earnings execution keeps pace with the higher expectations.
Steven Madden ve 2. čtvrtletí oznámil zisk na akcii 0,44 USD a tržby 665,87 milionu USD, obojí nad odhady. Zisk byl také vyšší než 0,2 USD ve stejném období loni.
Steven Madden (SHOO - Free Report) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.2 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +33.33%. A quarter ago, it was expected that this footwear and accessories retailer would post earnings of $0.42 per share when it actually produced earnings of $0.45, delivering a surprise of +7.14%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Steven Madden, which belongs to the Zacks Shoes and Retail Apparel industry, posted revenues of $665.87 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 5.02%. This compares to year-ago revenues of $559 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Steven Madden shares have added about 4.2% since the beginning of the year versus the S&P 500's gain of 6.9%.
What's Next for Steven Madden?While Steven Madden has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Steven Madden was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.61 on $724.83 million in revenues for the coming quarter and $2.11 on $2.83 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Shoes and Retail Apparel is currently in the top 27% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Carter's (CRI - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on July 31.
This maker of children's apparel and accessories is expected to post quarterly earnings of $0.02 per share in its upcoming report, which represents a year-over-year change of -88.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Carter's' revenues are expected to be $609.02 million, up 4.1% from the year-ago quarter.
Steven Madden čeká za čtvrtletí zisk 0,32 USD na akcii, tedy meziročně o 60 % více, při tržbách 629,57 mil. USD (+12,6 %). Analytici mu dávají Earnings ESP +13,68 % a očekávají překonání odhadů.
Steven Madden (SHOO - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis footwear and accessories retailer is expected to post quarterly earnings of $0.32 per share in its upcoming report, which represents a year-over-year change of +60%.
Revenues are expected to be $629.57 million, up 12.6% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Steven Madden?For Steven Madden, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +13.68%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination indicates that Steven Madden will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Steven Madden would post earnings of $0.42 per share when it actually produced earnings of $0.45, delivering a surprise of +7.14%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Steven Madden appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Steven Madden zvýšil výhled růstu tržeb pro fiskální rok 2026 na 10–12 % a nově uvedl upravený EPS 2,00–2,10 USD. Tržby DTC vyskočily o 83,8 % na 206 milionů USD.
Key Takeaways Steven Madden raised fiscal 2026 revenue growth guidance to 10-12% and introduced adjusted EPS guidance.SHOO's DTC revenues jumped 83.8%, with 8% growth excluding Kurt Geiger and 17% U.S. comparable sales.Kurt Geiger posted 23% pro forma revenue growth and expanded with new U.S. stores and an India agreement. Steven Madden, Ltd. (SHOO - Free Report) continues to strengthen its growth profile through robust direct-to-consumer (DTC) performance and the continued success of the Kurt Geiger brand. In the first quarter of 2026, the company delivered healthy consumer demand across its portfolio, with strong execution in product innovation and marketing helping offset ongoing softness in its private-label business. Management believes these strengths position the company for improved earnings and sustainable long-term growth.
Steven Madden's DTC business posted another strong quarter. Revenues increased 83.8% year over year to $206 million, primarily reflecting the addition of Kurt Geiger. Excluding the acquisition, DTC revenues still rose 8%, driven by growth across both brick-and-mortar stores and e-commerce. The Steven Madden brand delivered a 17% increase in U.S. comparable sales, supported by exceptional performance in full-price channels. Global DTC comparable sales increased 6%, or by 10% excluding stores in the Middle East. Management also highlighted reduced promotional activity, improving outlet performance and stronger customer engagement as positive trends during the quarter.
The company's product and marketing strategy continued to support DTC momentum. The Steven Madden brand gained traction across casual shoes, dress shoes and boots, benefiting from consumer interest in split toes, mesh, ballet-inspired styles, hidden wedges and Velcro designs. The "Hello Spring" campaign featuring Delilah Belle, combined with a full-funnel marketing approach, boosted customer acquisition and increased online searches for the Steven Madden brand by 27% during the quarter. Management reiterated its expectation for mid- to high-single-digit revenue growth for the Steven Madden brand in fiscal 2026.
Kurt Geiger exceeded expectations during the quarter. The brand generated 23% pro forma revenue growth, driven by continued strength in handbags, footwear and digital channels. Steven Madden secured leases for four new full-price stores and one premium outlet in the United States during 2026 while signing a franchise and distribution agreement with Reliance Brands to launch Kurt Geiger in India beginning in the fourth quarter. Reflecting the brand's strong momentum, management raised its full-year expectation for Kurt Geiger to deliver mid-teens pro forma revenue growth.
Encouraged by strong trends across its key brands, Steven Madden raised its fiscal 2026 revenue growth guidance to 10-12% from the prior 9-11% range and introduced adjusted earnings per share guidance of $2.00-$2.10. Management expects the combination of strong DTC demand, Kurt Geiger's continued expansion and healthy momentum across its branded portfolio to support strong top and bottom-line growth for the remainder of fiscal 2026.
SHOO’s Price Performance, Valuation & EstimatesShares of the company have risen 69.7% over the past year against the industry’s 34% decline.
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From a valuation standpoint, Steven Madden is trading at a trailing 12-month price-to-sales ratio of 1.18, down from the industry average of 1.33.
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The Zacks Consensus Estimate for Steven Madden’s 2026 earnings implies year-over-year growth of 22.9%, whereas the same for 2027 indicates an uptick of 33.8%. Estimates for 2026 and 2027 have been revised upward by 3 cents and 16 cents, respectively, over the past 60 days.
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SHOO’s Zacks Rank & Other Key PicksSteven Madden currently sports a Zacks Rank #1 (Strong Buy).
Genesco Inc. (GCO - Free Report) is a Nashville-based specialty retailer and branded company. It sells footwear and accessories through retail stores. The company flaunts a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Genesco’s current fiscal-year earnings indicates growth of 55.2% from the year-ago actuals. GCO delivered a trailing four-quarter average earnings surprise of 3.8%.
Designer Brands Inc. (DBI - Free Report) designs, produces and retails footwear and accessories. It offers shoes, boots, sandals, sneakers, socks, handbags and accessories. It currently carries a Zacks Rank #1.
The Zacks Consensus Estimate for Designer Brands’ current fiscal-year earnings and sales suggests growth of 137.5% and 0.5%, respectively, from the year-ago actuals. DBI delivered a trailing four-quarter average earnings surprise of 112.8%.
Tapestry, Inc. (TPR - Free Report) is the designer and marketer of fine accessories and gifts for women and men in the United States and internationally. The company also holds a Zacks Rank #2 at present.
The Zacks Consensus Estimate for Tapestry’s current fiscal-year earnings and sales indicates growth of 36.5% and 13.9%, respectively, from the year-ago actuals. TPR delivered a trailing four-quarter average earnings surprise of 15.6%.
Dolce Vita ve Steven Madden zaznamenala silnou jarní sezónu díky poptávce po jelly, raffia a woven stylech a vedení očekává v roce 2026 vysoký jednociferný růst tržeb.
Key Takeaways Steven Madden's Dolce Vita delivered a strong spring season with healthy wholesale sell-through.Steven Madden is growing Dolce Vita's handbag business and expanding its global footprint.Steven Madden projects high single-digit 2026 revenue growth for Dolce Vita amid strong demand. Dolce Vita is gaining momentum within Steven Madden, Ltd. ’s (SHOO - Free Report) brand portfolio as strong consumer demand and trend-driven products continue to fuel performance. During the spring season, the brand benefited from healthy demand for jelly, raffia and woven styles across footwear and handbags, leading to robust sell-through at major wholesale partners such as Nordstrom, Dillard’s and Macy’s.
Beyond seasonal product strength, Dolce Vita is pursuing initiatives aimed at expanding its long-term addressable market. Management is focused on growing the handbag business and increasing the brand’s international presence, moves that should provide additional revenue opportunities and support a more diversified business model over time.
The brand’s wholesale performance has been particularly encouraging. Management noted that Dolce Vita recorded a very strong spring season and was outperforming the Steven Madden label in sell-through at its largest retail customer. This suggests increasing consumer affinity for the brand and reinforces its ability to gain shelf space and capture incremental demand within key distribution channels.
Dolce Vita’s momentum coincides with improving fundamentals at the parent company. Steven Madden reported first-quarter 2026 revenues of $653.1 million, up 18% year over year, prompting management to raise its fiscal 2026 sales outlook to growth of 10-12% from the prior expectation of 9-11%. Notably, the company increased expectations for each of its three largest brands — Steven Madden, Kurt Geiger and Dolce Vita — highlighting broad-based strength across the portfolio.
Management continues to project high single-digit revenue growth for Dolce Vita in 2026. Supported by favorable demand trends, category expansion initiatives and growing international exposure, the brand appears increasingly well positioned to become a more meaningful contributor to Steven Madden’s long-term growth story.
SHOO’s Price Performance, Valuation & EstimatesShares of the company have risen 58.6% over the past year against the industry’s 33.4% decline.
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From a valuation standpoint, Steven Madden is trading at a trailing 12-month price-to-sales ratio of 1.08X, down from the industry average of 1.34X.
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The Zacks Consensus Estimate for Steven Madden’s 2026 earnings implies year-over-year growth of 22.9%, whereas the same for 2027 indicates an uptick of 33.8%. Estimates for 2026 have been unchanged, while those for 2027 have been revised upward by 35 cents over the past 60 days.
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SHOO’s Zacks Rank & Other Key PicksSteven Madden currently sports a Zacks Rank #1 (Strong Buy).
Some other top-ranked stocks are Tapestry, Inc. (TPR - Free Report) , Genesco Inc. (GCO - Free Report) and Designer Brands Inc. (DBI - Free Report) .
Tapestry is the designer and marketer of fine accessories and gifts for women and men in the United States and internationally. The company sports a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Tapestry’s current fiscal-year earnings and sales indicates growth of 36.3% and 13.8%, respectively, from the year-ago actuals. TPR delivered a trailing four-quarter average earnings surprise of 15.6%.
Genesco is a Nashville-based specialty retail and branded company. It sells footwear and accessories in retail stores. The company also flaunts a Zacks Rank #1 at present.
The Zacks Consensus Estimate for Genesco’s current fiscal-year earnings indicates growth of 55.2% from the year-ago actuals. GCO delivered a trailing four-quarter average earnings surprise of 3.8%.
Designer Brands designs, produces and retails footwear and accessories. It offers shoes, boots, sandals, sneakers, socks, handbags and accessories. It currently carries a Zacks Rank #2 (Buy).
The Zacks Consensus Estimate for Designer Brands’ current fiscal-year earnings and sales suggests growth of 137.5% and 0.5%, respectively, from the year-ago actuals. DBI delivered a trailing four-quarter average earnings surprise of 112.8%.
Peter Migliorini, Director at Steven Madden (SHOO +4.20%), reported the sale of 4,000 shares of common stock in an open-market transaction on June 15, 2026, according to the SEC Form 4 filing.
Transaction summaryMetricValueShares sold (direct)4,000Transaction value$181,200Post-transaction shares (direct)16,830Post-transaction value (direct ownership)$764,000Transaction value based on SEC Form 4 reported price ($45.30); post-transaction value based on June 15, 2026 market close ($45.42).
Key questionsHow does the size of this sale compare to Migliorini's previous transactions?
This 4,000-share sale is the largest in the past two years, modestly above his prior sell-only event sizes, which have ranged from 3,000 to 3,989 shares, and aligns with the reduction in available shares since 2023.What portion of Migliorini's direct equity exposure remains after this transaction?
Following this sale, Migliorini continues to hold 16,830 shares directly.Was this transaction part of a multi-year pattern or a deviation from typical activity?
Migliorini has consistently made one to two sales per year since 2023; this transaction fits his historical cadence rather than reflecting an abrupt increase in sales activity.Does Migliorini have any remaining economic interest in other share classes?
The filing shows Migliorini holds 16,830 shares of common stock directly, and retains these as a continuing economic interest; no additional share classes or indirect holdings are reported.Company overviewMetricValueRevenue (TTM)$2.63 billionNet income (TTM)$76.06 millionDividend yield2%1-year price change81%Company snapshotSteven Madden offers contemporary footwear, accessories, and apparel under proprietary and licensed brands, with products spanning shoes, handbags, small leather goods, and fashion accessories.The firm generates revenue through a diversified model encompassing wholesale distribution, direct-to-consumer retail (including e-commerce), licensing, and private label manufacturing for third parties.It targets a broad customer base across women, men, and children, serving department stores, mass merchants, specialty boutiques, and consumers through both physical stores and digital platforms.Steven Madden is a leading global designer and marketer in the footwear and accessories sector, operating with a multi-channel approach that balances wholesale, direct-to-consumer, and licensing streams. The company leverages a portfolio of recognized brands and a robust retail footprint to address evolving consumer preferences in the fashion industry. Its strategy emphasizes brand diversity, innovation, and an agile supply chain to maintain competitive advantage and drive growth across domestic and international markets.
What this transaction means for investorsThis sale looks like a routine trim by a longtime director. Peter Migliorini has followed a steady pattern of selling small blocks of shares once or twice a year, and this latest transaction leaves him with 16,830 shares, suggesting he still has meaningful skin in the game.
The bigger story for investors is Steven Madden's business momentum. Shares have surged about 81% over the past year as the footwear and accessories company continues expanding beyond its flagship brand. First quarter revenue climbed 18% year over year to $653.1 million, while reported diluted earnings nearly doubled to $1.00 per share. The company also raised its full-year revenue outlook, now expecting sales growth of 10% to 12%, and introduced fiscal 2026 earnings guidance of $2.55 to $2.65 per share. CEO Edward Rosenfeld said the company saw "healthy underlying demand" across its brands, highlighting strong consumer response to the Steve Madden label and continued momentum at Kurt Geiger. He added that management expects earnings growth to resume in the second quarter and believes the company's "powerful brands, proven business model and talented team" position it for sustainable long-term growth.
For long-term investors, a relatively small insider sale matters far less than whether Steven Madden can continue integrating Kurt Geiger, grow its direct-to-consumer business, and deliver on the stronger outlook management just issued.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
