Steve Madden Reports Strong Q2 Earnings Growth

Steve Madden Ltd. posted second‑quarter revenue of $665.9 million, a 19.1% increase year over year, and more than doubled its diluted earnings per share to $0.44. Net income rose to between $27.7 million and $31.7 million, reversing a loss in the prior-year quarter.

Chief Executive Edward Rosenfeld attributed the performance to momentum in the core Steve Madden brand, strong sales of the Dolce Vita line and ongoing expansion of the Kurt Geiger business. Wholesale revenue grew 13% overall, while direct‑to‑consumer sales jumped 30.6%. The company raised its full‑year revenue and earnings outlook and said the Steve Madden brand is expected to post high‑single‑digit growth for the year.

Following the release, Steve Madden shares climbed about 3.7% to $45 in pre‑market trading.