Steven Madden Ltd

SHOO remains range-bound between key support at the 200-day SMA and overhead resistance at the 9/20 EMA and 50-day SMA cluster. Recent support tests and a mild bounce lack follow-through above falling short-term EMAs, keeping the medium-term bias bearish. Execution is deferred until price retests and fails the ~43–44 resistance zone, aligning sales with rejection at structure.

• ↑Q2 consolidated revenue $665.9M (+19.1% YoY), driven by DTC growth of 30.6%.
• ↑DTC revenue reached $255.4M (+83.8% YoY), reflecting strong consumer engagement.
• ↓Private label revenue declined 15% in 2025, with a 20% drop expected in 2026.