Why Steven Madden, Ltd. (SHOO) stock fell 18.1% intraday on Thursday, November 5, 2026
Steven Madden, Ltd. (SHOO) traded at $38.48 as of 3:31 PM ET, down 18.10% on Thursday, November 5, 2026, on volume of 3,678,623 shares (3.5× its 3-month average); market value about $2.80B.
SHOO was among the stocks moving 5% or more in an earlier update that day; by the close it was no longer moving that much.
What happened: primary sources
Events Nexqual found for SHOO on Thursday, November 5, 2026 or the trading day before (November 4, 2026):
- Nov 5, 2026: Reported Q3 2026 results: adjusted EPS $0.79 vs consensus $0.75 (beat), revenue $772.6M vs consensus $776.9M (miss). Guidance: The Company raised its fiscal 2026 revenue growth outlook to 12% to 13% and adjusted diluted EPS guidance to $2.15 to $2.20. source
- Nov 5, 2026: SEC 8-K: Other material event source
Quoted from the filing: “The Company's press release on November 5, 2026 also announced that the Company's Board of Directors has declared a quarterly cash dividend of $0.21 per share on the Company's outstanding shares of common stock. The dividend is payable on December 24, 2026 to stockholders of record as of the close of business on December 11, 2026. The full text of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.”
These are listed as context. A filing or rating change on the same day is not proof that it caused the move; read the source.
More on SHOO
SHOO stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. Earnings report: SHOO results, November 5, 2026. Other big moves that day: November 5, 2026.
Sources: SEC EDGAR, Nexqual Earnings Flash, analyst rating changes, Nexqual market data. Built November 10, 2026 at 16:39 UTC. Not investment advice.
Data source: Nexqual. Last updated: November 10, 2026 at 16:39 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt