Steven Madden (SHOO) Stock Forecast & Price Target

Steven Madden Ltd has shown impressive growth potential, particularly in its wholesale accessories and apparel segment, which saw a revenue increase of 54.2% to $196.4 million, significantly contributing to the company’s overall financial success. The company expects combined revenues to grow between 17% and 19% year-over-year, driven by strategic acquisitions and expanding international markets, with EMEA projected to rise over 20%. Additionally, the firm's international revenues have increased to approximately 19% of total sales, demonstrating a strong compound annual growth rate and underscoring the company's commitment to international expansion as a key driver for future growth.

Steven Madden Ltd is facing a significant decline in earnings per share (EPS) expectations, projected to drop by 30%-35% year-over-year due to a challenging comparison with the prior year and increased marketing expenditures. The company's wholesale footwear segment, which represents nearly half of total revenue, experienced a 2.2% decrease, while the direct-to-consumer revenue grew modestly, indicating a potential shift in consumer behavior that may not offset wholesale declines. Furthermore, projected FY25 EPS has been revised down to $2.35 from a prior estimate of $2.89, reflecting ongoing concerns about a challenging wholesale environment, tariff impacts, and weakening consumer sentiment.