Steven Madden (SHOO) Stock Forecast & Price Target

Steven Madden Ltd has demonstrated a robust financial outlook, with projected revenue growth between 17% and 19% year-over-year, bolstered by strategic acquisitions and a focus on expanding its accessories and apparel segments, which experienced a significant 53% increase in 2024. The company has also seen promising international revenue growth of 12% year-over-year, with particularly strong performance in the EMEA region at 18%. Additionally, the anticipated expansion of EBIT margins for the Kurt Geiger brand, alongside successful synergy realization and tariff mitigation strategies, reinforces a favorable long-term growth trajectory for Steven Madden.

The outlook for Steven Madden Ltd is negative due to expected declines in earnings per share (EPS), projected to decrease by 30%-35% year-over-year in Q1 amidst increased marketing costs. The fiscal year 2025 EPS estimate has also been revised downward to $2.35 from a previous outlook of $2.89, indicating weaker financial performance compared to the prior year and consensus expectations. Challenges in the wholesale environment, particularly in the apparel and accessories segments, coupled with weakened consumer confidence and overstocked inventories, further exacerbate concerns regarding future profitability.