Analysts upgrade SHOO stock to buy as men’s and women’s lines drive revenue growth ahead of Q2 results.
Steve Madden’s product lines are gaining traction with consumers, prompting a “buy” rating from Williams Trading analyst Sam Poser. The company’s brands, including Madden Girl and Dolce Vita, are seeing increased orders from wholesale partners, signaling strong demand.
Men’s shoes, accounting for 15 percent of total revenue excluding Kurt Geiger, are performing well in dress and casual categories. The private label business, pressured by tariffs, is expected to recover by early to mid-2027, according to CEO Edward Rosenfeld.
Shares have responded positively to the optimistic outlook, with analysts highlighting improved retail partnerships and product performance ahead of the Q2 earnings report.