The footwear company forecasts 11%-13% revenue growth and higher earnings despite rising freight costs.
Steve Madden expects revenue growth of 11%-13% and earnings per share between $2.05 and $2.15 for Q2 2026. The outlook comes as the company navigates increased freight pressure, which may weigh on margins.
In the second quarter, total revenue surged 19%, or 11% excluding the Kurt Geiger segment. The company cited robust top- and bottom-line performance, reinforcing confidence in its full-year targets.
Management did not disclose immediate market reactions, but the guidance reflects optimism amid operational challenges.