---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-026363"
form_type: "8-K"
ticker: "SHOO"
cik: "0000913241"
company_name: "STEVEN MADDEN, LTD."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T16:08:50.649454+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Steven Madden Q2 revenue down 16.8% to $445M; GAAP EPS $0.46 vs $0.62 YoY

## Summary
- Revenue $445.3M (-16.8% YoY); wholesale -20.8%, DTC -5.4%.
- GAAP diluted EPS $0.46 (vs $0.62); adjusted $0.47 (vs $0.63).
- Gross margin improved to 42.6% from 40.7%; operating expenses rose to 32.7% of sales.
- Quarterly dividend of $0.21/share declared, payable Sept 25, 2023.
- FY2023 outlook reaffirmed: rev down 6.5-8.0%; adj. EPS $2.40-$2.50.

## SEC filing metadata
- accession: 0001493152-23-026363
- form_type: 8-K
- ticker: SHOO
- cik: 0000913241
- company_name: STEVEN MADDEN, LTD.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913241/000149315223026363/0001493152-23-026363-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913241/000149315223026363/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-026363
- JSON: https://secwatch.observer/filing/0001493152-23-026363.json
- Plain text: https://secwatch.observer/filing/0001493152-23-026363.txt

## Key facts
- Earnings Releases
  STEVEN MADDEN, LTD. reported second quarter ended June 30, 2023 results: revenue $445.3 million, net income $34.5 million, EPS $0.46 per diluted share. Guidance reaffirmed.
  - Period: second quarter ended June 30, 2023
  - Revenue: $445.3 million
  - Net income: $34.5 million
  - EPS: $0.46 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: ● Revenue decreased 16.8% to $445.3 million compared to $535.0 million in the same period of 2022. ● Gross profit as a percentage of revenue was 42.6% compared to 40.7% in the same period of 2022. ● Operating expenses as a percentage of revenue were 32.7% compared to 28.5% in the same period of 2022. Adjusted operating expenses as a percentage of revenue were 32.6% compared to 28.2% in the same period of 2022. ● Income from operations totaled $44.0 million, or 9.9% of revenue, compared to $65.2 million, or 12.2% of revenue, in the same period of 2022. Adjusted income from operations totaled $44.5 million, or 10.0% of revenue, compared to $67.0 million, or 12.5% of revenue, in the same period of 2022. ● Net income attributable to Steven Madden, Ltd. was $34.5 million, or $0.46 per diluted share, compared to $48.5 million, or $0.62 per diluted share, in the same period of 2022. Adjusted net income attributable to Steven Madden, Ltd. was $34.9 million, or $0.47 per diluted share, compared
  evidence_url: https://www.sec.gov/Archives/edgar/data/913241/000149315223026363/0001493152-23-026363-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.