Companies

Steve Madden reports strong third-quarter results

Nov 11, 2026 United States

The US-based designer and marketer of footwear and accessories has reported strong third-quarter results, driven by double-digit revenue growth and enhanced profitability

“We delivered an outstanding third quarter, with strong growth across our brands and channels. The Steve Madden brand was a particular highlight, as our trend-right product assortments and compelling marketing continue to resonate with consumers and drive strong momentum. We are also pleased with the performance across the broader brand portfolio, reflecting our team’s disciplined execution of our strategy”, Edward Rosenfeld, Chairman and Chief Executive Officer, commented.

Third-Quarter Results

In the third quarter of the 2026 financial year, Steve Madden saw its revenue grow by 15.7% to reach 772.6 million US dollars, compared to the same period last year.

The wholesale channel generated 528.7 million US dollars in revenue, representing a 19.4% increase on the first quarter of 2025. Meanwhile, the direct-to-consumer channel generated a revenue of 239.2 million US dollars, representing an 8.0% increase.

At the end of the quarter, the company had 381 brick-and-mortar retail stores in operation, including 92 outlets. It also had eight e-commerce websites and 190 concessions in international markets.

In the three months ending on the 30^thof September, Steve Madden’s gross profit margin was 44.6%, compared to 41.5% in the same period last year. On an adjusted basis, the gross profit margin increased from 43.4% to 44.6%.

The company’s income from operations in the third quarter totalled 73.2 million US dollars, up from 31.4 million US dollars in the same quarter of 2025. Adjusted income from operations increased year-on-year from 46.3 million to 78.9 million US dollars.

In the third quarter of this year, net income attributable to Steve Madden amounted to 52.4 million US dollars (0.72 US dollars per diluted share), compared to 20.5 million US dollars (0.29 US dollars per diluted share) in the same quarter of the previous year. On an adjusted basis, this figure was 57.3 million US dollars, or 0.70 US dollars per diluted share, compared to 30.4 million US dollars, or 0.43 US dollars per diluted share.

Full-Year Outlook

“Based on our strong year-to-date results and the continued momentum we see in the business, we are raising our revenue and Adjusted diluted earnings per share outlook for the year”, added Edward Rosenfeld.

Steve Madden now expects its revenue for the 2026 financial year to increase in the range of 12 to 13%, compared to the previous guidance range of 11 to 12%.

Full-year diluted earnings per share are expected to be in the range of 2.58 to 2.63 US dollars, up from the previous range of 2.55 to 2.65 US dollars. Adjusted diluted earnings per share are expected to be in the range of 2.15 to 2.20 US dollars, up from the previous guidance range of 2.05 to 2.15 US dollars.

Image Credits: vogueadria.com

United States Companies Footwear Quarter Results Results Steve Madden