09:03 AM EDT, 05/07/2025 (MT Newswires) -- Steven Madden (SHOO) reported Q1 adjusted net income Wednesday of $0.60 per diluted share, down from $0.65 a year earlier.

Analysts polled by FactSet expected $0.45.

Revenue for the quarter ended March 31 was $553.5 million, up from $552.4 million a year earlier.

Analysts surveyed by FactSet expected $557 million.

The footwear company said it was withdrawing its 2025 financial guidance due to macroeconomic uncertainty related to the impact of new tariffs on imports.

Shares were 6.7% higher in recent premarket activity.