---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-011490"
form_type: "8-K"
ticker: "SHOO"
cik: "0000913241"
company_name: "STEVEN MADDEN, LTD."
filed_at: "2025-07-30T23:59:59+00:00"
generated_at: "2026-05-17T23:27:45.076821+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Steve Madden Q2 net loss $0.56/sh vs $0.49 profit; revenue +6.8% to $559M; no FY guidance

## Summary
- GAAP net loss $39.5M ($0.56 diluted EPS) vs net income $35.4M ($0.49) in Q2 2024.
- Gross margin fell to 40.4% from 41.5%; adjusted gross margin 41.9% pressured by tariffs.
- Wholesale rev down 6.4% (-12.8% excl Kurt Geiger); DTC rev up 43.3% (-3.0% excl Kurt Geiger).
- Adjusted operating margin declined to 4.0% from 10.4%; adjusted net income $13.9M ($0.20) vs $41.2M ($0.57).
- No FY2025 guidance provided due to tariff uncertainty; quarterly dividend maintained at $0.21/share.

## SEC filing metadata
- accession: 0001493152-25-011490
- form_type: 8-K
- ticker: SHOO
- cik: 0000913241
- company_name: STEVEN MADDEN, LTD.
- filed_at: 2025-07-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913241/000149315225011490/0001493152-25-011490-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913241/000149315225011490/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-011490
- JSON: https://secwatch.observer/filing/0001493152-25-011490.json
- Plain text: https://secwatch.observer/filing/0001493152-25-011490.txt

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