Tariff Challenges Impact Steve Madden in Q3, But Kurt Geiger Boosts Results

Shares of Steven Madden Ltd. fell in pre-market trading after the company posted third quarter results that reflected a miss on Wall Street’s revenue estimate. The shares were down 1.31 percent to $32.41. More from WWD “As anticipated, the third quarter was challenging, driven largely by the impact of new tariffs on goods imported into the United States,” Madden’s chairman and CEO Edward Rosenfeld said in a statement. He noted that consumers responded favorably to the firm’s fall assortments, particular ...