secwatch.observer — SEC 8-K summary
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Issuer:     STEVEN MADDEN, LTD. (SHOO)
CIK:        0000913241
Form:       8-K
Filed at:   2025-07-30T23:59:59+00:00
Accession:  0001493152-25-011490
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913241/000149315225011490/0001493152-25-011490-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913241/000149315225011490/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-011490

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