Steven Madden (SHOO) has disclosed a new risk, in the Economy & Political Environment category.
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Steven Madden may face heightened business risks amid escalating geopolitical tensions in the Middle East. The ongoing conflict between Israel and Hamas has the potential to disrupt operations, particularly those related to joint ventures in the region. Market volatility, supply chain challenges, and broader macroeconomic instability could result from the uncertainty surrounding the conflict’s duration and outcome. These factors pose significant threats to Steven Madden’s future business prospects, operational results, and financial stability.
Overall, Wall Street has a Hold consensus rating on SHOO stock based on 1 Buy and 8 Holds.
To learn more about Steven Madden’s risk factors, click here.