STEVEN MADDEN LTD
For the period ended Mar 31, 2025. Filed May 9, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 9, 2025
SHOO$42.53-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Income
| Three Months Ended March 31, | ||
|---|---|---|
| (in thousands, except per share data) | 2025 | 2024 |
| Net sales | $551,382 | $550,567 |
| Licensing fee income | 2,152 | 1,814 |
| Total revenue | 553,534 | 552,381 |
| Cost of sales (exclusive of depreciation and amortization) | 327,267 | 327,566 |
| Gross profit | 226,267 | 224,815 |
| Operating expenses | 177,263 | 164,719 |
| Change in valuation of contingent payment liability | (4,495) | 1,650 |
| Impairment of intangibles | — | 1,700 |
| Income from operations | 53,499 | 56,746 |
| Interest and other income – net | 829 | 1,555 |
| Income before provision for income taxes | 54,328 | 58,301 |
| Provision for income taxes | 13,068 | 13,739 |
| Net income | 41,260 | 44,562 |
| Less: net income attributable to noncontrolling interest | 837 | 628 |
| Net income attributable to Steven Madden, Ltd. | $40,423 | $43,934 |
| Basic net income per share | $0.57 | $0.61 |
| Diluted net income per share | $0.57 | $0.60 |
| Basic weighted average common shares outstanding | 70,773 | 72,292 |
| Effect of dilutive securities – options/restricted stock | 282 | 573 |
| Diluted weighted average common shares outstanding | 71,055 | 72,865 |
| Cash dividends declared per common share | $0.21 | $0.21 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.