US’ Steven Madden sees H1, Q2 revenue climb, net income turns negative

Steven Madden, Ltd has reported revenue of $1.11 billion in H1 FY25, up 3.4 per cent YoY, but net income dropped to $946,000 due to higher expenses.
Q2 revenue rose 6.8 per cent to $559 million.
Wholesale declined, while DTC surged.
Tariffs impacted performance, prompting the company to withhold 2025 guidance despite confidence in long-term growth and the Kurt Geiger integration.