NASDAQ$SHOO
Steven Madden Ltd. · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Steve Madden's Q1 2023 performance saw revenue and earnings slightly exceed expectations despite a challenging retail environment and conservative order patterns.
Steve Madden reported Q1 2023 results with revenue and earnings slightly ahead of expectations. The company faced a challenging retail environment and conservative order patterns from wholesale customers. They reduced inventory levels and drove strong gross margin performance.
- Revenue and earnings slightly exceeded expectations.
- Inventory levels were further reduced.
- Gross margin performance was strong despite a promotional retail landscape.
- The company remains focused on executing strategic initiatives.
Headline financials
Revenue & EPS history
Steve Madden · Revenue · Quarterly
$464M
Revenue by segment
Steve Madden · $99.6M total across 1 segment · Q1 2023
- Direct-to-Consumer$99.6M-8.0%100.0%
Forward guidance
The Company continues to expect revenue will decrease 6.5% to 8.0% compared to 2022. The Company expects diluted EPS will be in the range of $2.39 to $2.49. The Company continues to expect Adjusted diluted EPS will be in the range of $2.40 to $2.50.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2023
+1.7%
Avg return
Earnings day
+1.3%
Avg return
5 days after
+2.8%
Avg return
30 days after
62%
40 / 65 earnings
Positive
+22.0%
Q2 2012
Best reaction
-10.2%
Q3 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.4% | -2.8% | +10.9% | |
| Q4 2025 | -6.5% | -4.7% | -11.4% | |
| Q3 2025 | +13.7% | +14.8% | +33.6% | |
| Q1 2025 | +16.4% | +31.2% | +24.0% | |
| Q4 2024 | -8.0% | -19.6% | -29.7% | |
| Q3 2024 | +0.9% | +1.7% | +1.2% | |
| Q2 2024 | -2.1% | -6.5% | +1.4% | |
| Q1 2024 | -0.7% | +0.2% | +10.0% | |
| Q4 2023 | -1.9% | -1.9% | -3.1% | |
| Q3 2023 | -1.5% | +0.0% | +15.5% | |
| Q2 2023 | +9.6% | +7.0% | +6.2% | |
| Q1 2023 | +0.7% | +0.1% | +1.7% | |
| Q4 2022 | +6.4% | +8.2% | +4.1% | |
| Q3 2022 | -2.1% | +3.5% | +17.5% | |
| Q2 2022 | -3.5% | -1.1% | -7.6% | |
| Q1 2022 | +0.9% | +0.7% | -10.0% | |
| Q4 2021 | +5.1% | +0.5% | -2.1% | |
| Q3 2021 | +11.1% | +11.3% | +2.7% | |
| Q2 2021 | +1.2% | +0.0% | -4.6% | |
| Q1 2021 | -4.7% | -1.1% | -2.6% | |
| Q4 2020 | +2.5% | -6.6% | +1.6% | |
| Q3 2020 | +6.3% | +3.7% | +43.0% | |
| Q2 2020 | +1.5% | -5.3% | -4.3% | |
| Q1 2020 | -8.8% | -2.8% | -11.4% | |
| Q4 2019 | -6.2% | -7.5% | -31.4% | |
| Q3 2019 | +14.7% | +15.2% | +19.9% | |
| Q2 2019 | +2.3% | -9.0% | -1.6% | |
| Q1 2019 | +5.4% | +6.9% | -9.7% | |
| Q4 2018 | +0.6% | +0.9% | +3.2% | |
| Q3 2018 | +7.3% | +11.3% | +8.1% | |
| Q2 2018 | +2.6% | +4.0% | +7.1% | |
| Q1 2018 | -0.1% | +2.3% | +9.5% | |
| Q4 2017 | -0.7% | -1.4% | -0.7% | |
| Q3 2017 | -10.2% | -10.3% | -0.1% | |
| Q2 2017 | +2.0% | +0.4% | +3.4% | |
| Q1 2017 | +2.8% | +3.5% | +0.3% | |
| Q4 2016 | +0.8% | -1.6% | +2.1% | |
| Q3 2016 | +5.7% | +7.8% | +13.5% | |
| Q2 2016 | -5.3% | -2.9% | -2.3% | |
| Q1 2016 | -3.3% | — | — | |
| Q4 2015 | +3.7% | — | — | |
| Q3 2015 | +4.2% | — | — | |
| Q2 2015 | -0.1% | — | — | |
| Q1 2015 | +5.4% | — | — | |
| Q4 2014 | +6.5% | — | — | |
| Q3 2014 | +1.8% | — | — | |
| Q2 2014 | -7.6% | — | — | |
| Q1 2014 | -3.4% | — | — | |
| Q4 2013 | +3.6% | — | — | |
| Q3 2013 | +4.8% | — | — | |
| Q2 2013 | +3.7% | — | — | |
| Q1 2013 | +2.6% | — | — | |
| Q4 2009 | -0.7% | — | — | |
| Q4 2012 | -1.5% | — | — | |
| Q3 2012 | +0.0% | — | — | |
| Q2 2012 | +22.0% | — | — | |
| Q1 2012 | -3.8% | — | — | |
| Q4 2011 | +4.1% | — | — | |
| Q3 2010 | -4.8% | — | — | |
| Q3 2011 | -4.8% | — | — | |
| Q2 2011 | +2.7% | — | — | |
| Q2 2010 | +4.2% | — | — | |
| Q1 2010 | +4.2% | — | — | |
| Q4 2010 | +4.2% | — | — | |
| Q1 2011 | +4.2% | — | — |
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