COMPANY OF THE YEAR Why Walmart is Yahoo Finance's 2024 winner NasdaqGS - Nasdaq Real Time Price • USD Steven Madden, Ltd. (SHOO) Follow Compare 43.57 -0.10 (-0.23%) As of 9:30:02 AM EST. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Vietnam Won Big in Donald Trump’s First Trade War. Now, It’s a Target. The incoming administration has signaled that a backdoor that lets manufacturers avoid China tariffs could slam shut. Steven Madden price target lowered to $52 from $53 at BTIG BTIG lowered the firm’s price target on Steven Madden (SHOO) to $52 from $53 and keeps a Buy rating on the shares as part of a broader research note previewing 2025 for Footwear names navigating tariff uncertainty. The stock stands out in the analyst’s coverage as having the highest exposure to Chinese imports, the firm tells investors in a research note. With exposure of about 46% in 2023, which the company plans to reduce by 40%-45% in 2025, Steven Madden’s total exposure to China-sourced good Signet Q3 Earnings Miss Estimates, Same-Store Sales Decline Y/Y SIG reports Q3 results with a 0.7% dip in same-store sales. The company is focusing on new merchandise and digital integration efforts to drive growth. Is Steven Madden, Ltd.'s (NASDAQ:SHOO) Recent Performance Tethered To Its Attractive Financial Prospects? Most readers would already know that Steven Madden's (NASDAQ:SHOO) stock increased by 4.5% over the past three months... How to play apparel stocks under Trump: Nike, Steve Madden, ON As President-elect Donald Trump's second term in the White House draws nearer, investors weigh how the former president's actual tariff policies stack up against his campaign rhetoric. Needham & Co. managing director of equity research for apparel and footwear Tom Nikic joins Market Domination with Julie Hyman and Josh Lipton to discuss his playbook for retail stocks under Trump. "There's a wide range of exposures" in the apparel and footwear space, Nikic says, noting, "There's a couple of things to keep in mind. No. 1. Any revenues that a company generates outside the United States are not affected by this. So if you're a global brand like Nike (NKE), for example, that does 60% of your revenue outside of the US, that 60% of revenue is completely isolated from this potential risk." He adds, "A lot of brands over time have been moving their manufacturing away from China just for the sake of having a more well-diversified supply chain." The analyst says he sees "two ends of the spectrum in my coverage" in regard to the impact of tariffs under Trump. "I think the company that's the most well insulated is ON Running (ONON), the Swiss sneaker company. They make almost all their shoes in Vietnam and what they don't make in Vietnam, they make in Indonesia. So, they have de minimis risk from tariffs." "The flip side of the coin would be Steve Madden (SHOO). They currently make about 80% of their products in China and don't have that really, really big international presence to insulate them." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan. Steven Madden initiated with a Hold at Needham Needham analyst Tom Nikic initiated coverage of Steven Madden (SHOO) with a Hold rating and no price target While “a well-run business with some clear pockets of strength,” tough macro conditions keep the firm sidelined for the moment, the analyst tells investors. The firm is most notably concerned about the risk of potential tariffs on Chinese imports during President-Elect Trump’s second term, given that Steven Madden has the highest exposure of China-to-U.S. imports in its coverage, the analy Down -8.09% in 4 Weeks, Here's Why Steven Madden (SHOO) Looks Ripe for a Turnaround Steven Madden (SHOO) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock. 'We're concerned': Walmart, Lowe's among latest companies to warn Trump tariffs could raise product costs Walmart and Lowe’s were the latest to raise concerns about President-elect Donald Trump’s proposed tariffs. Steven Madden's (NASDAQ:SHOO) Earnings Seem To Be Promising The market seemed underwhelmed by last week's earnings announcement from Steven Madden, Ltd. ( NASDAQ:SHOO ) despite... Why Steven Madden (SHOO) Is An Uncertain Bet Amid Structural Changes The recently announced Q3 financials of shoe and apparel company Steve Madden have surpassed Wall Street’s revenue expectations with a 13% YoY surge in sales driven by the growth of the accessories and apparel segments. Despite the outstanding quarterly performance, the company lags behind its peers in terms of stock performance. Steven Madden Ltd. is […] Steven Madden (NASDAQ:SHOO) Is Paying Out A Dividend Of $0.21 Steven Madden, Ltd. ( NASDAQ:SHOO ) will pay a dividend of $0.21 on the 27th of December. This means that the annual... Trump's tariff promises have import-heavy retailers facing 'new reality' Fashion and apparel brands from Steve Madden to Under Armour, e.l.f. Beauty, and Ralph Lauren are preparing for President-elect Donald Trump’s promised tariffs. Steven Madden Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags Steven Madden ( NASDAQ:SHOO ) Third Quarter 2024 Results Key Financial Results Revenue: US$624.7m (up 13% from 3Q... Steven Madden Posts Q3 Earnings Beat, Raises FY24 Guidance SHOO's strong performance in Q3 is driven by outstanding growth in accessories and apparel prompting management to lift the full-year view. Opportunity in small caps, banks post-election: Analyst The market has responded positively to the political certainty following this week’s election results, with investors optimistic about policy shifts that could ease regulation.Penn Mutual Asset Management portfolio manager George Cipolloni joins Wealth! to tackle the best-positioned sectors under a Trump administration, including small caps, banks, and merger opportunities. However, Cipolloni tells Wealth! Host Brad Smith that areas, like solar stocks, are not going to benefit equally. “We are going to see a divergence,” he said. “Not every company will benefit.” Cipolloni notes that investors need to also watch over interest rates as balancing growth and inflation will be key for long-term market stability. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Cindy Mizaku. Steven Madden Ltd (SHOO) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amidst ... Steven Madden Ltd (SHOO) reports a 13% revenue increase in Q3 2024, driven by robust accessories and apparel sales, despite a decline in wholesale footwear revenue. Q3 2024 Steven Madden Ltd Earnings Call Q3 2024 Steven Madden Ltd Earnings Call Steven Madden to cut sourcing from China on tariff worries under Trump In February, Trump said if he came to power, he would impose tariffs on China again, which could exceed 60%, putting a lot of strain on retail companies that heavily rely on imports from the region. Steven Madden executives said on a post earnings call the company had already been working on the potential scenario that would lead it to move good out of China more quickly, and been developing factory bases in other countries such as Cambodia, Vietnam, Mexico and Brazil. "Just under half of our current business would be potentially subject to tariffs on Chinese imports (if Trump decides to impose tariffs when he takes office in January)," a company executive said. Compared to Estimates, Steven Madden (SHOO) Q3 Earnings: A Look at Key Metrics Although the revenue and EPS for Steven Madden (SHOO) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. Steven Madden (SHOO) Tops Q3 Earnings and Revenue Estimates Steven Madden (SHOO) delivered earnings and revenue surprises of 2.25% and 2.94%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? Performance Overview Trailing total returns as of 12/16/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return SHOO S&P 500 YTD +3.74% +27.14% 1-Year +3.20% +28.50% 3-Year -7.40% +28.76%