Steven Madden Shares Fall Following Q3 Financial Results

09:41 AM EST, 11/05/2026 (MT Newswires) -- Steven Madden (SHOO) shares were down 14% in early Thursday trading after the company posted its Q3 financial results. The company reported Q3 adjusted earnings earlier Thursday of $0.79 per diluted share, up from $0.43 a year earlier. Analysts polled by FactSet expected $0.73. Total revenue for the quarter ended Sept. 30 was $772.6 million, compared with $667.9 million a year earlier. The company raised its 2026 adjusted EPS guidance to a range of $2.15 to $2.20, from $2.05 to $2.15 previously. Analysts expect $2.19. Full-year revenue is now expected to grow 12% to 13%, compared with prior outlook of 11% to 13%. Analysts expect $2.87 billion.