UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________________ to _____________________ Commission File Number 0-23702 STEVEN MADDEN, LTD. (Exact name of registrant as specified in its charter) incorporation or ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number 0-23702 STEVEN MADDEN, LTD. (Exact name of registrant as specified in its charter) Delaware 13-3588231 (State or other ...

Financial Data and Key Metrics Changes - For the full year 2022, the company achieved record financial performance with consolidated revenue of $2.1 billion, a 13.7% increase compared to 2021 [68] - The fourth quarter consolidated revenue was $470.6 million, an 18.6% decrease compared to the prior year [4] - Net income for the fourth quarter was $33.7 million or $0.44 per diluted share, down from $70.4 million or $0.87 per diluted share in 2021 [43] - Operating income for the fourth quarter totaled $42.2 million or 9% of revenue, down from $86.9 million or 15% of revenue last year [43] Business Line Data and Key Metrics Changes - Direct-to-consumer (DTC) revenue for 2022 was $521.7 million, a 6.9% increase compared to 2021, driven by growth in both brick-and-mortar and e-commerce [68] - Wholesale revenue was $1.6 billion, up 16.4% compared to the prior year, with wholesale footwear revenue increasing by 16.9% to $1.2 billion [68] - In the fourth quarter, wholesale revenue was $308.8 million, down 24.8% compared to the prior year [48] - DTC gross margin was 64% compared to 63.5% last year, driven by a reduction in rate expense [43] Market Data and Key Metrics Changes - International revenue grew 56% compared to 2021, representing 16% of total revenue, up approximately 500 basis points from pre-COVID 2019 [67] - The EMEA region is identified as the area with the most significant growth opportunities, despite macro headwinds [30] Company Strategy and Development Direction - The company aims to strengthen its U.S. wholesale footwear business, which remains the core of its operations [3] - A key strategic initiative is to expand the business outside of footwear, with accessories and apparel revenue exceeding $400 million in 2022, a 13% increase over 2021 [67] - The company is transitioning from a distributor model to an ownership model in key international markets, exemplified by the joint venture in the Middle East [67] Management's Comments on Operating Environment and Future Outlook - The management noted that the operating environment became increasingly challenging as consumers began to pull back on discretionary spending [3] - The outlook for overall consumer spending is uncertain, with expectations of continued challenges in the near term [47] - The company expects revenue for 2023 to decrease by 6.5% to 8% compared to 2022, with diluted EPS projected to be in the range of $2.40 to $2.50 [69] Other Important Information - The company ended the year with $289.8 million in cash and no debt, with inventory levels down to $228.8 million from $255.2 million the previous year [69] - The company returned $214.9 million to shareholders in 2022 through share repurchases and dividends [69] Q&A Session Summary Question: What is the revenue guidance for wholesale and DTC for 2023? - The company expects wholesale to be down roughly 12% to 13% and DTC to be up high single digits versus 2022 [49] Question: What are the trends in point-of-sale for wholesale partners year-to-date in 2023? - The management indicated that there has been a modest increase in e-commerce while brick-and-mortar has slowed down [31] Question: How does the company view the health of the consumer? - The management noted a modest slowdown in consumer demand, but the pullback from wholesale customers has been more dramatic [36] Question: What are the expectations for international growth in 2023? - The company believes international business can achieve double-digit growth in 2023, with the EMEA region being a significant focus [30] Question: How does the company plan to address inventory levels with wholesale customers? - The management expressed hope that improved sell-through rates would encourage wholesale customers to increase their inventory levels [50]

Financial Data and Key Metrics Changes - Consolidated revenue for Q3 2022 was $556.6 million, a 5.3% increase compared to 2021 [15] - Net income attributable to Steve Madden, Ltd. for the quarter was $61.5 million or $0.79 per diluted share, compared to $66.6 million or $0.82 per diluted share in 2021 [22] - Operating income for the quarter totaled $79 million or 14.2% of revenue, down from $88.4 million or 16.7% of revenue in 2021 [21] Business Line Data and Key Metrics Changes - Direct-to-consumer (DTC) revenue was $118.5 million, a 3.7% decline compared to 2021, with ecommerce revenue declining [18] - Wholesale revenue was $434.6 million, up 8.1% compared to the prior year, with wholesale footwear revenue increasing 8.7% [15][17] - Handbags revenue grew 19% compared to the prior year, while apparel revenue grew 52% [9] Market Data and Key Metrics Changes - International revenue grew more than 50% year-over-year for the fourth consecutive quarter, representing a significant growth opportunity [10] - U.S. wholesale footwear revenue increased 3% over last year, with branded business revenue growing more than 20% [11] Company Strategy and Development Direction - The company aims to create trend-right product assortments and improve speed-to-market capabilities, which are critical competitive advantages [6] - Increased investment in marketing and consumer engagement is part of the strategy to connect brands to culture [7] - The company is focused on expanding its business outside of footwear, particularly in handbags and apparel [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's market position and long-term prospects despite macroeconomic uncertainties [14] - The company anticipates a conservative ordering approach from wholesale customers, adjusting its fiscal 2022 outlook accordingly [12][25] - Management noted that supply chain disruptions are easing, allowing for improved inventory management [23] Other Important Information - The company published its 2021 Sustainability Report, outlining its sustainability strategy [13] - Capital expenditures for the quarter were $4.9 million, and the company repurchased $35.1 million of common stock [24] Q&A Session Summary Question: DTC demand progression through the quarter - Management noted that August was the weakest month, but sales rebounded in September and October [27] Question: Softness in wholesale orders - Management indicated that most wholesale customers are prioritizing inventory control, leading to a pullback in orders across various channels [28] Question: Potential trade-down effect in economic downturn - Management believes the company is well-positioned to benefit from trade-down effects, similar to performance during the Great Recession [30] Question: Point of sale performance in mass and department store channels - Management confirmed that retail sales are above pre-COVID levels but below last year's exceptional performance [32] Question: Cost outlook for 2023 - Management anticipates potential deflation in landed costs due to improved factory conditions and reduced freight rates [34][73] Question: Inventory management and promotional activity - Management expressed confidence in inventory levels, stating that they are not speculative and are aligned with sales trends [56]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________________ to _____________________ Commission File Number 0-23702 STEVEN MADDEN, LTD. (Exact name of registrant as specified in its charter) incorporation or o ...

Financial Data and Key Metrics Changes - Revenue increased by 35% year-over-year, reaching $535 million in Q2 2022 [8][14] - Diluted EPS rose by 31% compared to the prior year, amounting to $0.63 per share [19] - Consolidated gross margin decreased to 40.7% from 42.7% in the prior year, primarily due to a shift from direct-to-consumer to wholesale sales [17] - Operating income totaled $67 million, representing 12.5% of revenue, compared to $51 million or 12.8% of revenue last year [19] Business Segment Data and Key Metrics Changes - Wholesale footwear revenue increased by 47% year-over-year, totaling $291.4 million [14][9] - Wholesale accessories and apparel revenue grew by 65% compared to the prior year, driven by strong performance in handbags and private label accessories [10][15] - Direct-to-consumer revenue increased by 2% year-over-year, reaching $135.5 million, despite tough comparisons from the previous year [10][16] - International revenue surged by 82% compared to Q2 2021, now representing 15% of total revenue, up from 11% a year ago [11] Market Data and Key Metrics Changes - The company observed a moderation in consumer demand and sales trends beginning in June, which continued into July [12] - The pullback in demand was noted across various channels, with a more significant impact on low-income consumer-targeting partners [26] Company Strategy and Development Direction - The company focuses on four key business drivers: enhancing direct-to-consumer business, expanding into non-footwear categories, growing in international markets, and strengthening the U.S. wholesale footwear business [8] - Management remains confident in leveraging core strengths to drive long-term growth despite current macroeconomic pressures [12] Management's Comments on Operating Environment and Future Outlook - Management acknowledged a deterioration in macro conditions during the quarter, leading to a more cautious approach for the second half of the year [12] - Despite the challenges, management expressed confidence in the company's ability to create significant value for stakeholders over the long term [13] Other Important Information - The company ended the quarter with $180.5 million in cash and no debt, while inventory levels increased to $306.5 million due to supply chain disruptions [20][21] - A quarterly cash dividend of $0.21 per share was approved, payable on September 26, 2022 [21] Q&A Session Summary Question: Can you provide more details on the deceleration in business observed in June and July? - Management noted a slowdown across channels, with direct-to-consumer comp sales dropping from over 70% to 57% compared to 2019 [25] Question: What are the trends in demand as you head into the back half of the year? - Management indicated that boots and booties are performing well, and improvements in transit times will allow better inventory management [28][29] Question: How are freight costs expected to change moving forward? - Freight rates remain higher than pre-COVID levels, but some improvements are anticipated, potentially becoming a tailwind in 2023 [30][33] Question: How is the performance of private label versus branded sales? - Branded sales are growing faster than private label, with Steve Madden driving significant growth [44] Question: What is the outlook for promotional activity in the back half of the year? - Increased promotional activity is expected, although it was already factored into the company's plans [49][56] Question: How does the company view its inventory levels? - The company has approximately 40 days more supply than pre-COVID levels, but expects inventory levels to decrease starting in Q4 [20][35]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________________ to _____________________ Commission File Number 0-23702 STEVEN MADDEN, LTD. (Exact name of registrant as specified in its charter) incorporation or ...

Financial Data and Key Metrics Changes - The company reported a record quarterly revenue of $559.7 million, a 55% increase compared to the previous year and a 34.6% increase compared to 2019 [15] - Diluted EPS increased by 180% year-over-year, reaching $0.92 per share, up from $0.33 in the prior year [21] - Consolidated gross margin expanded to 40.7%, an increase of 220 basis points from the prior year [19] Business Line Data and Key Metrics Changes - Wholesale Footwear segment revenue increased by 60% year-over-year, driven primarily by the Steve Madden brand [11] - Direct-to-consumer (DTC) revenue grew by 61% compared to the prior year, with e-commerce revenue increasing by 57% [13] - The Wholesale Accessories and Apparel segment saw a revenue increase of 37% compared to the previous year, with Steve Madden handbags growing by over 60% [12] Market Data and Key Metrics Changes - International revenue increased by over 60%, with triple-digit growth in Canada and Mexico, and strong performance in Europe [9] - The company ended the quarter with 213 brick-and-mortar retail stores, including 66 outlets [18] Company Strategy and Development Direction - The company is focusing on expanding its direct-to-consumer business, growing in international markets, and diversifying product categories beyond footwear [9] - The strategic initiatives are aimed at driving sustainable growth, with confidence in continued top and bottom line growth [10] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing supply chain pressures, particularly related to freight costs and extended lead times, but noted no material changes in supply chain conditions [25] - The company raised its revenue and EPS guidance for the year, expecting revenue to increase by 13% to 16% compared to 2021 [24] Other Important Information - The company repurchased $42.4 million of its common stock during the quarter and declared a quarterly cash dividend of $0.21 per share [23] - Inventory levels were higher than historical levels due to supply chain disruptions, but management expressed comfort with inventory content and ability to meet customer demand [22] Q&A Session Summary Question: Supply chain developments and near-term expectations - Management noted no material changes in the supply chain, with continued pressure on freight and extended lead times [25] Question: Impact of pulled forward deliveries on Q1 and Q2 - Management confirmed that Q1 saw a change in delivery timing, which may lead to a deceleration in Q2 wholesale revenue growth [27] Question: Price increases and cost expectations for the second half - Management indicated ongoing cost pressures but noted successful price increases with customer acceptance, particularly for new products [29] Question: Guidance adjustments for the full year - Management clarified that the guidance was adjusted based on a strong Q1 performance, with expectations for a more front-half weighted revenue split [40] Question: Category performance and pricing increases - Management highlighted strong performance in the '90s and Y2K trend across categories, with price increases varying by category [75][76] Question: International market performance - Management reported strong momentum in international markets, particularly in Europe, with expectations for continued growth [77] Question: Promotional activity outlook - Management acknowledged an uptick in promotional activity compared to last year but noted it remains below pre-pandemic levels [81]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number 0-23702 STEVEN MADDEN, LTD. (Exact name of registrant as specified in its charter) Delaware 13-3588231 (State or other ...

Steven Madden, Ltd. (NASDAQ:SHOO) Q4 2021 Earnings Conference Call February 24, 2022 8:30 AM ET Company Participants Danielle McCoy - Director of Corporate Development and Investor Relations Edward Rosenfeld - Chief Executive Officer Zine Mazouzi - Chief Financial Officer Conference Call Participants Camilo Lyon - BTIG, LLC Kelly Crago - Citigroup Inc. Susan Anderson - B. Riley FBR, Inc. Erinn Murphy - Piper Sandler Laura Champine - Loop Capital Markets Tom Nikic - Wedbush Securities Inc. Sam Poser - Willia ...