Steve Madden Q4 rev +29%, adj EPS $0.48; FY EPS down 36%; 2026 rev +9-11% guidance

STEVEN MADDEN, LTD.

2025-FY EPS reported $0.63 revenue$2,534,109,000

Q4 2025 revenue $753.7M (+29.4% YoY); adjusted EPS $0.48 vs $0.55; GAAP EPS $0.32 vs $0.49.
FY 2025 revenue $2,534.1M (+11.0%); adjusted EPS $1.70 vs $2.67; GAAP EPS $0.63 vs $2.35.
Adjusted operating margin declined to 6.8% in Q4 (vs 9.0%) and 6.9% for FY (vs 11.1%), hit by tariffs and higher SG&A.
Quarterly cash dividend of $0.21 declared, payable March 20, 2026 to holders of record March 11, 2026.
2026 revenue guidance +9% to +11%; no EPS guidance provided due to ongoing tariff policy uncertainty.

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