EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Steve Madden Announces Second Quarter 2025 Results LONG ISLAND CITY, N.Y., July 30, 2025 - Steven Madden, Ltd. (Nasdaq: SHOO), a leading designer and marketer of fashion-forward footwear, accessories and apparel, today announced financial results for the second quarter ended June 30, 2025. Amounts referred to as “Adjusted” are non-GAAP measures that exclude the items defined as “Non-GAAP Adjustments” in the “Non-GAAP Reconciliation” section. Second Quarter 2025 Results Revenue increased 6.8% to $559.0 million, compared to $523.6 million in the same period of 2024. Gross profit as a percentage of revenue was 40.4%, compared to 41.5% in the same period of 2024. Adjusted gross profit as a percentage of revenue was 41.9% in the second quarter of 2025. Operating expenses as a percentage of revenue were 47.2%, compared to 31.3% in the same period of 2024. Adjusted operating expenses as a percentage of revenue were 37.9%, compared to 31.1% in the same period of 2024. Loss from operations totaled ($40.3) million, or (7.2%) of revenue, compared to income from operations of $46.9 million, or 9.0% of revenue, in the sa…
Open exhibit ↗Current Report · Items 2.02, 8.01, 9.01 · 8-K
Steven Madden, Ltd.
SHOONASDAQEQUITYCurrent
Results of Operations and Financial Condition · Other Events
Item 2.02 Results of Operations and Financial Condition. On July 30, 2025, Steven Madden, Ltd. (the “Company”) issued a press release, furnished as Exhibit 99.1 and incorporated into this Item 2.02 by reference, announcing the Company’s financial results for the second quarter of its fiscal year ending December 31, 2025.
Disclosure sections
Item 2.02Item 2.02 - Results of Operations
Item
2.02 Results of Operations and Financial Condition.
On
July 30, 2025, Steven Madden, Ltd. (the “Company”) issued a press release, furnished as Exhibit 99.1 and incorporated into
this Item 2.02 by reference, announcing the Company’s financial results for the second quarter of its fiscal year ending December
31, 2025.
Item 8.01Item 8.01 - Other Events
Item
8.01 Other Events.
The
Company’s press release on July 30, 2025 also announced that the Company’s Board of Directors has declared a quarterly cash
dividend of $0.21 per share on the Company’s outstanding shares of common stock. The dividend is payable on September 23, 2025
to stockholders of record as of the close of business on September 12, 2025.
The
full text of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
The
information contained in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished, and shall not be deemed
filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of Section
18. Furthermore, the information contained in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be incorporated
by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended, unless specifically identified
therein as being incorporated therein by reference. The furnishing of the information in Item 2.02 of this Current Report is not intended
to, and does not, constitute a determination or admission by the Company that the information in Item 2.02 of this Current Report is
material or complete, or that investors should consider this information before making an investment decision with respect to any security
of the Company.