New York-founded footwear brand Steve Madden has delivered a strong fiscal quarter, turning the tide on a loss-making period the year prior.
The second quarter brought $665.9 million in revenue for the retailer, up 19.1 per cent from the same period in 2025. This period also brought $27.9 million in profits; in 2025, Steve Madden recorded a loss of $38.7 million.
“We delivered robust top and bottom-line growth in the second quarter, reflecting the strength of our brands and disciplined execution across the organization,” said Edward Rosenfeld, chairman and CEO.
“The Steve Madden brand was the highlight, continuing to gain momentum as consumers responded enthusiastically to the trend-right assortments created by Steve and his design team.”
This quarter contributed to a half-year revenue figure of $1.3 billion, and profits of $99.6 million. The performance has led Steve Madden to raise its guidance for investors.
The company expects full-year revenue to increase from between 11 and 13 per cent compared to fiscal 2025, up from its previous guidance of 10 to 12 per cent.
“Looking further ahead, we remain confident that our powerful brands, proven business model and talented team provide a strong foundation to deliver sustainable growth and long-term value creation for our shareholders,” Rosenfield added.