Steve Madden won't give profit guidance as planned due to Supreme Court tariff ruling

Core Viewpoint - The shoe designer's stock experienced a decline due to the company's decision to withhold profit guidance, attributing this uncertainty to the Supreme Court's tariff ruling [1] Company Summary - The company did not provide the expected profit guidance, which has led to a negative market reaction reflected in the stock price [1] - The uncertainty surrounding the Supreme Court's tariff decision is a significant factor influencing the company's financial outlook [1] Industry Summary - The broader implications of the Supreme Court's tariff decision may affect various companies within the footwear industry, creating a challenging environment for profit forecasting [1]