STEVEN MADDEN, LTD. (SHOO)

Steven Madden Ltd. engages in the design, marketing, and sale of fashion-forward footwear for women, men, and children. It operates through the following segments: Wholesale Footwear, Wholesale Accessories and Apparel, Direct-to-Consumer, First Cost, and Licensing. The Wholesale Footwear segment includes branded and private label women's, men's, girl's and children's footwear. The Wholesale Accessories and Apparel segment consists of branded and private label handbags, belts and small leather goods, and cold weather and selected other fashion accessories. The Direct-to-Consumer segment distributes branded footwear, apparel and accessories directly to the consumer. The First Cost segment earns commissions and design fees for serving as a buying agent of footwear products to mass-market merchandisers, mid-tier department stores, and other retailers. The Licensing segment licenses its trademarks for use in connection with the manufacture, marketing, and sale of outerwear, hosiery, active wear, sleepwear, jewelry, watches, hair accessories, umbrellas, bedding, luggage, and men's leather accessories. The company was founded by Steven L. Madden on July 9, 1990 and is headquartered in Long Island City, NY.

Address

52-16 BARNETT AVE
LONG ISLAND CITY, NY 11104

Founded

1990

Number of Employees

4,200

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
$142,224 $135,009 $85,573 $99,322 $105,928 $101,769 $46,578 $74,723 $149 $183 $76 $71,958
Average Price $22.25 $24.30 $23.53 $25.46 $29.66 $34.40 $33.35 $41.42 $35.55 $35.62 $42.75 $27.08
# Shares Purchased 6,391,302 5,555,940 3,637,109 3,900,933 3,571,184 2,958,753 1,396,613 1,804,186 4,188 5,128 1,785 2,657,011
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 102.2% 85.2% 91.3% 76.7% 51.7% 30.8% 34.9% 8.7% 26.6% 26.3% 5.3% 66.2%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 94.0%
Excess Total Return -79.6% -87.8% -77.3% -53.0% -53.2% -62.3% -39.9% -23.0% -10.7% -5.0% -2.1% -27.8%
Quartile Rank
Percentile Rank 59% 56% 56% 62% 59% 52% 48% 53% 68% 66% 52% 77%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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