EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Steve Madden Announces First Quarter 2026 Results ~ Raises Fiscal 2026 Revenue Guidance and Introduces Fiscal 2026 Earnings Guidance ~ LONG ISLAND CITY, N.Y., May 6, 2026 - Steven Madden, Ltd. (Nasdaq: SHOO) (the “Company”), a leading designer and marketer of fashion-forward footwear, accessories and apparel, today announced financial results for the first quarter ended March 31, 2026. Amounts referred to as “Adjusted” are non-GAAP measures that exclude the items defined as “Non-GAAP Adjustments” in the “Non-GAAP Reconciliation” section. First Quarter 2026 Results Revenue increased 18.0% to $653.1 million, compared to $553.5 million in the same period of 2025. Gross profit as a percentage of revenue was 54.7%, compared to 40.9% in the same period of 2025. Adjusted gross profit as a percentage of revenue was 46.3%, compared to 40.9% in the same period of 2025. Operating expenses as a percentage of revenue were 39.5%, compared to 32.0% in the same period of 2025. Adjusted operating expenses as a percentage of revenue were 39.2%, compared to 30.8% in the same period of 2025. Income from operations totaled $…
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 May 6, 2026, 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 first quarter of its fiscal year ending December 31, 2026.
Disclosure sections
Item 2.02Item 2.02 - Results of Operations
Item
2.02 Results of Operations and Financial Condition.
On
May 6, 2026, 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 first quarter of its fiscal year ending December
31, 2026.
Item 8.01Item 8.01 - Other Events
Item
8.01 Other Events.
The
Company’s press release on May 6, 2026 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 June 19, 2026 to stockholders
of record as of the close of business on June 8, 2026.
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.