---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-008949"
form_type: "8-K"
ticker: "SHOO"
cik: "0000913241"
company_name: "STEVEN MADDEN, LTD."
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T10:19:47.169181+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Steve Madden Q1 adj EPS $0.60 vs $0.65 YoY; revenue flat; closes Kurt Geiger buy; no 2025 outlook

## Summary
- Revenue $553.5M (+0.2%); GAAP EPS $0.57, adj EPS $0.60 vs $0.65 prior year.
- Operating margin 9.7% (prior 10.3%); adj operating margin 10.1% (prior 11.0%).
- Completed Kurt Geiger acquisition for £289M EV; funded with new $300M term loan and cash.
- Kurt Geiger had £400M TTM revenue; adds UK-based footwear/accessories brand.
- Withdrew 2025 guidance citing tariff uncertainty; quarterly dividend $0.21/share declared.

## SEC filing metadata
- accession: 0001641172-25-008949
- form_type: 8-K
- ticker: SHOO
- cik: 0000913241
- company_name: STEVEN MADDEN, LTD.
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 2.02, 2.03, 8.01, 9.01, 9.0
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913241/000164117225008949/0001641172-25-008949-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913241/000164117225008949/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-008949
- JSON: https://secwatch.observer/filing/0001641172-25-008949.json
- Plain text: https://secwatch.observer/filing/0001641172-25-008949.txt

## Key facts
- M&A Transactions
  STEVEN MADDEN, LTD. completed an acquisition involving the Sellers (the Cinven Sellers, Bain & Company, Inc., Squam Lake Investors X LP, and certain individuals) for enterprise value of approximately £289 million (closed 2025-05-06).
  - Action: acquisition
  - Counterparty: the Sellers (the Cinven Sellers, Bain & Company, Inc., Squam Lake Investors X LP, and certain individuals)
  - Consideration: enterprise value of approximately £289 million
  - Closing: 2025-05-06
  source text: guarantor. Pursuant to the terms of the Purchase Agreement, the Purchaser purchased the entire issued share capital of the Target at an enterprise value of approximately £289 million pursuant to a “locked box” arrangement that resulted in the payment of £202.0 million in net equity value at closing, repayment of specified third party debt in the Target
  evidence_url: https://www.sec.gov/Archives/edgar/data/913241/000164117225008949/0001641172-25-008949-index.htm

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