Shares of Steven Madden Ltd. fell in pre-market trading after the company posted third quarter results that reflected a miss on Wall Street’s revenue estimate.

The shares were down 1.31 percent to $32.41.

“As anticipated, the third quarter was challenging, driven largely by the impact of new tariffs on goods imported into the United States,” Madden’s chairman and CEO Edward Rosenfeld said in a statement.

He noted that consumers responded favorably to the firm’s fall assortments, particularly in its flagship Steve Madden brand.

“The improved trend in Steve Madden , together with our tariff mitigation strategies and the contribution from our recent acquisition Kurt Geiger , position us to deliver stronger financial results beginning in the fourth quarter,” Rosenfeld added.

The com

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