Steve Madden Nears Deal to Buy Kurt Geiger Shoe Brand [Yahoo! Finance]
Steven Madden, Ltd. (SHOO)
Last steven madden, ltd. earnings: 2/27 06:59 am
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Source: Yahoo! Finance
(Bloomberg) -- Steven Madden Ltd. is nearing a deal to acquire fellow luxury footwear and fashion accessory brand Kurt Geiger Ltd. from private equity firm Cinven, people familiar with the matter said. Most Read from Bloomberg Why American Mobility Ground to a Halt Can Portland Turn a Corner? Saudi Arabia's Neom Signs $5 Billion Deal for AI Data Center SpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in May Cutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank Says An acquisition could be announced as soon as Thursday, according to the people, who asked not to be identified because the process is private. Deliberations are ongoing and talks could still drag on longer, the people said. A spokesperson for Steve Madden didn't respond
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SHOO
News
- Steven Madden, Ltd. (NASDAQ: SHOO) had its price target lowered by analysts at Piper Sandler from $35.00 to $25.00. They now have a "neutral" rating on the stock.MarketBeat
- Steven Madden, Ltd. (NASDAQ: SHOO) had its price target lowered by analysts at Loop Capital from $40.00 to $35.00. They now have a "hold" rating on the stock.MarketBeat
- Steven Madden, Ltd. (NASDAQ: SHOO) had its price target lowered by analysts at Citigroup Inc. from $38.00 to $35.00. They now have a "neutral" rating on the stock.MarketBeat
- Steven Madden, Ltd. (NASDAQ: SHOO) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
- Steven Madden, Ltd. (NASDAQ: SHOO) had its price target lowered by analysts at Telsey Advisory Group from $44.00 to $38.00. They now have a "market perform" rating on the stock.MarketBeat
SHOO
Earnings
- 11/7/24 - Beat
SHOO
Sec Filings
- 4/7/25 - Form ARS
- 4/7/25 - Form DEFA14A
- 4/7/25 - Form DEF
- SHOO's page on the SEC website