Steven Madden falls 7% after missing estimates for tariff-disrupted quarter

21 hours ago 1
A tower made of containers collapsed by the weight of tariff

Steven Madden (NASDAQ:SHOO) swung lower in early trading after pointing to deep challenges with tariffs in Q2.

Revenue for the wholesale business was down 6.4% from a year ago to $360.6 million. Excluding the newly acquired Kurt Geiger, wholesale revenue declined 12.8%. Direct-to-consumer revenue fell

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