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Steven Madden SHOO Wholesale Accessories/Apparel — Gross Profit

Other segment segments

Wholesale Footwear
$136.01M+25.1%
Direct-to-Consumer
$135.8M
Licensing
$3.44M+59.7%

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La-Z-Boy logo
LZBWholesale — Gross Profit
$108.41M+3.7%
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CAPLWholesale — Gross Profit
$27.1M+9.0%
Byrna Technologies, Inc. logo
BYRNWholesale — Gross Profit
-$1.11M-117%
Rocky Brands logo
RCKYWholesale — Gross Profit
$26.96M-10.5%

Other financials

Income statement

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Revenue$653.1M+18.0%
Gross profit$357.4M+58.0%
Operating income$98.7M+84.6%
Net income$71.8M+77.7%
EPS (diluted)$1.00+75.4%

Balance sheet

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Cash & equivalents$112.4M-40.8%
Total debt$540.3M+225%
Total equity$913.2M+4.3%
Total assets$2.0B+37.0%

Cash flow

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Operating cash flow-$55.3M-194%
CapEx$5.9M-40.1%
Free cash flow-$61.2M-114%

Valuation

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Market cap$3.53B+88.0%
P/E43.5×+24.4×
P/S1.3×+0.5×

Profitability

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Gross margin44.8%+3.7pp
Operating margin4.8%-4.9pp
Net margin3.1%-4.5pp
FCF margin3.3%-4.1pp

Returns & leverage

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Return on equity9.1%-11.4pp
Debt / equity0.6×+0.4×
Current ratio2.2×0.0×

Where this comes from

Reported directly by Steven Madden in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The source filing: Steven Madden’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 3:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-032774
For the three months ended March 31, 2026(in thousands)Wholesale FootwearWholesale Accessories/ApparelDirect-to-ConsumerLicensingTotal(1)
Total revenue$278,866$164,781$206,013$3,436$653,096
Less: Cost of sales(2)142,85682,61170,209295,676
Gross profit136,01082,170135,8043,436357,420
Less: Change in valuation of contingent payment liabilities(2)385385
Less: Salaries and related expense(2)21,17316,01234,72823372,146
Less: Other segment items(3)34,46221,828102,66026158,976
Income/(loss) from operations$80,375$43,945$(1,584)$3,177$125,913

Item 1. Condensed Consolidated Financial Statements (Unaudited):

FAQ

What is Steven Madden's wholesale accessories/apparel — gross profit?
Steven Madden (SHOO) reported wholesale accessories/apparel — gross profit of $82.17M in Q1 2026.
How has Steven Madden's wholesale accessories/apparel — gross profit changed year-over-year?
Steven Madden's wholesale accessories/apparel — gross profit increased by 71.0% year-over-year, from $48.05M to $82.17M.
What does wholesale accessories/apparel — gross profit mean?
Calculated as the difference between wholesale accessories and apparel revenues and the direct costs of sales. This figure measures the fundamental profitability of the products before accounting for operating expenses like marketing, administration, or logistics. A strong gross profit margin indicates effective pricing power and efficient cost management in the wholesale channel.

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