Steven Madden Ltd. reports third quarter income of $21.5 million on revenue of $1.24 billion

Reuters11-10
Steven Madden Ltd. reports third quarter income of $21.5 million on revenue of $1.24 billion

Steven Madden Ltd. reported income attributable to the company of $21.5 million for the quarter ended September 30, 2025, representing 1.2% of revenue, and $134.6 million for the nine months ended September 30, 2025, or 7.9% of revenue. In the Wholesale Footwear segment, total revenue was $782.8 million for the quarter and $832.0 million for the nine months. Gross profit margin for this segment was 34.3% for the quarter and 35.8% for the nine months. Income from operations in Wholesale Footwear was $128.1 million for the quarter and $166.3 million for the nine months. The Wholesale Accessories/Apparel segment reported total revenue of $459.8 million for the quarter and $487.3 million for the nine months. The company continued to distribute its products through wholesale channels and operated in various international markets through joint ventures and distribution arrangements.

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