Steven Madden's 3-Pronged Tariff Mitigation Plan Stands Out To Analyst

While Steven Madden Ltd SHOO reported a "significant" earnings beat on Wednesday, Telsey Advisory Group reported that the company withdrew its full-year guidance due to tariff-related uncertainty.The Steven Madden Analyst: Analyst Dana Telsey maintained a Market Perform rating and price of $24.The Steven Madden Thesis: The company completed the acquisition of Kurt Geiger, which nicely complements the existing business as "it skews higher end and more towards handbags," Telsey said in the note.Check out othe ...