Steven Madden, Ltd. (NASDAQ:SHOO) shares are trading lower after the company reported mixed fourth-quarter results and declined to provide FY26 earnings guidance due to a lack of clarity in U.S. tariff policy.
Earnings Snapshot
The apparel company reported adjusted earnings per share of 48 cents, beating the analyst consensus estimate of 47 cents.
Quarterly sales of $753.7 million, up 29.4% year-over-year, missed the Street view of $753.9 million.
Adjusted income from operations declined to $50.9 million from $52.6 million a year ago quarter.
The company ended the quarter with 399 company-operated brick-and-mortar retail stores, including 98 outlets, as well as seven e-commerce websites and 133 company-operated concessions in international markets.
As of Dec. 31, total debt outstanding was $234.2 million.
Cash and cash equivalents totaled $112.4 million.
The company approved a quarterly cash dividend of 21 cents per share payable on March …