Steven Madden Wants To Return To Organic Growth, And Pricing Remains Aggressive

分组1 - Steven Madden, Ltd. (SHOO) reported strong Q4 '25 results, highlighting brand strength but facing challenges with margins [1] - The company anticipates a positive outlook for 2026, with potential margin recovery and growth in owned brands [1] 分组2 - The analysis emphasizes a long-only investment approach, focusing on operational aspects and long-term earnings power rather than market-driven dynamics [1] - The investment strategy suggests that most companies will be held rather than bought, indicating a cautious market perspective [1]