Steve Madden is seeing strong consumer resonance across its brands and channels as it prepares to report second-quarter earnings on Thursday. Williams Trading analyst Sam Poser rates the stock a buy, citing momentum in Steve Madden, Madden Girl, Dolce Vita, and Kurt Geiger, along with increased fill-in and new orders from large wholesale partners. Poser also noted that the private label business, primarily in the mass channel, is set to improve by early to mid-2027 after some retailer-direct products underperformed. BTIG analyst Janine Stichter expects the company could raise guidance, forecasting earnings per share of 35 cents versus 20 cents a year ago and above the 32-cent consensus, while Telsey Advisory Group’s Dana Telsey projects second-quarter revenue growth of 13.9 percent to $637 million, in line with the $635 million consensus. Analysts highlighted strong full-price demand for trending styles like Calico Tabi-style shoes, jelly shoes, and flip-flops, with U.S. direct-to-consumer comparable sales up 17 percent and TikTok Shop U.S. sales surging 697.4 percent to $4.5 million over the past year.
Steven Madden LtdStrong consumer demand across brands and channels, with DTC comps up 17% and TikTok sales surging 697%.