Steven Madden Poised for 30.1% Revenue Growth After Prior Quarter Miss
Steven Madden’s quarterly revenue consensus calls for a 30.1% year-on-year rise after last quarter’s $667.9 million (+6.9%) that fell short of estimates, despite raising both EPS and revenue guidance. Shares are down 18.2% over the past month while analysts maintain a $46.67 target versus the $37.37 share price.
1. Upcoming Earnings and Expectations
Steven Madden will report fourth-quarter results on Wednesday before market open, with analysts forecasting 30.1% year-on-year revenue growth, up from a 12% gain in the same quarter last year. Consensus EPS and revenue estimates have held steady over the past 30 days, reflecting modest optimism ahead of the release.
2. Previous Quarter Performance and Guidance
In the prior quarter, Steven Madden generated $667.9 million in revenue, a 6.9% increase year-over-year, but missed Wall Street expectations. Despite the shortfall, management issued EPS and revenue guidance for the next quarter that exceeded consensus forecasts.
3. Peer Comparisons and Industry Context
Among footwear peers, Deckers delivered 7.1% year-over-year revenue growth, beating estimates by 4.7%, while Crocs’s revenue declined 3.2% but topped forecasts by 4.3%; Deckers and Crocs shares jumped 19.5% and 17.1% respectively after reporting. These results offer a benchmark for interpreting Steven Madden’s upcoming report.
4. Stock Movement and Analyst Targets
Steven Madden shares have declined 18.2% over the past month, versus a 2.9% drop for the broader consumer discretionary segment, amid debates over tariffs and potential corporate tax changes for 2025. The company’s average analyst price target stands at $46.67 compared with the current $37.37 share price.