---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-039824"
form_type: "8-K"
ticker: "SHOO"
cik: "0000913241"
company_name: "STEVEN MADDEN, LTD."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T12:41:22.129175+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Steve Madden Q3 EPS $0.87 vs $0.79; revenue slips 0.7% to $552.7M; FY outlook cautious

## Summary
- Revenue $552.7M (-0.7% YoY); net income $64.4M ($0.87 diluted EPS) vs $61.3M ($0.79) in Q3 2022.
- Adjusted diluted EPS $0.88 vs $0.79; operating margin improved to 15.0% from 14.1%.
- Wholesale footwear rev -7.5%; wholesale accessories/apparel +22.7%; DTC revenue -1.8%.
- FY2023 outlook: revenue down ~7%, diluted EPS ~$2.35, adjusted diluted EPS ~$2.40.
- Quarterly dividend $0.21/share declared, payable Dec 29; $40M stock repurchased in Q3.

## SEC filing metadata
- accession: 0001493152-23-039824
- form_type: 8-K
- ticker: SHOO
- cik: 0000913241
- company_name: STEVEN MADDEN, LTD.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913241/000149315223039824/0001493152-23-039824-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913241/000149315223039824/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-039824
- JSON: https://secwatch.observer/filing/0001493152-23-039824.json
- Plain text: https://secwatch.observer/filing/0001493152-23-039824.txt

## Key facts
- Earnings Releases
  STEVEN MADDEN, LTD. reported the third quarter ended September 30, 2023 results: revenue $552.7 million, net income $64.4 million, EPS $0.87 per diluted share. Guidance lowered.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $552.7 million
  - Net income: $64.4 million
  - EPS: $0.87 per diluted share
  - Guidance: lowered
  - Result: reported results
  source text: are non-GAAP measures that exclude the items defined as “Non-GAAP Adjustments” in the “Non-GAAP Reconciliation” section. Third Quarter 2023 Results ● Revenue decreased 0.7% to $552.7 million compared to $556.6 million in the same period of 2022. ● Gross profit as a percentage of revenue was 42.1% compared to 41.2% in the same period of 2022. ● Operating expenses as
  evidence_url: https://www.sec.gov/Archives/edgar/data/913241/000149315223039824/0001493152-23-039824-index.htm

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