NASDAQ$SHOO
Steven Madden Ltd. · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Delivered strong results with revenue and adjusted earnings exceeding expectations.
Steve Madden reported strong Q3 2024 results, with revenue and adjusted earnings exceeding expectations. The growth was driven by accessories and apparel categories, international markets, and direct-to-consumer channels. The company is raising its guidance for 2024 revenue and adjusted earnings.
- Revenue for the wholesale business increased by 14.4% compared to Q3 2023.
- Direct-to-consumer revenue increased by 7.8% compared to Q3 2023.
- The company ended the quarter with 282 brick-and-mortar retail stores and five e-commerce websites, as well as 67 company-operated concessions in international markets.
- The Board of Directors approved a quarterly cash dividend of $0.21 per share.
Headline financials
Revenue & EPS history
Steve Madden · Revenue · Quarterly
$625M
Revenue by segment
Steve Madden · $116M total across 1 segment · Q3 2023
- Direct-to-Consumer$116M-1.8%100.0%
Forward guidance
For fiscal 2024, the Company now expects revenue will increase 13% to 14% compared to 2023. The Company now expects diluted EPS will be in the range of $2.36 to $2.41. The Company now expects Adjusted diluted EPS will be in the range of $2.62 to $2.67.
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 Q3 2024
+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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