Skechers USA news and archive

Skechers posts marginal drop in Q4 sales

Fourth quarter sales at Skechers U.S.A. Inc. decreased 0.5 percent as a result of a 2.8 percent decrease in the company’s domestic sales partially offset by a 1.1 percent increase internationally. Domestic declines were driven by lower retail sales partially offset by growth of 142.7 percent in e-commerce and growth in the wholesale channel....

Business

Skechers Q1 sales and profit plummet due to coronavirus outbreak

First quarter sales at Skechers USA, Inc., decreased 2.7 percent to 1.24 billion dollars, as a result of a 6.8 percent decrease in its international business, which was partially offset by a 2.9 percent increase in the company’s domestic business. On a constant currency basis, the company’s total sales decreased 1.2 percent. Comparable same...

BusinessFeatured

Skechers posts robust rise in Q3 sales and earnings

Skechers USA, Inc., for the third quarter ended September 30, 2019 reported sales growth of 15.1 percent as a result of a 21.9 percent increase in the company’s international business, or 25.7 percent on a constant currency basis, and a 6.7 percent increase in its domestic business. On a constant currency basis, the company’s sales increased...

BusinessFeatured

Skechers posts strong sales and earnings growth in Q2

Second quarter sales at Skechers USA, Inc., the company said, grew 10.9 percent as a result of a 19.8 percent increase in the company’s international business and 1.5 percent in its domestic business. On a constant currency basis, sales increased 13.7 percent. Earnings from operations increased 29.7 million dollars or 36.5 percent to 111.1...

Business |REPORT

Skechers reports strong sales and profit growth in Q1

Skechers USA first quarter net sales were 978.8 million dollars compared to 768 million dollars in the first quarter of 2015, an increase of 27.4 percent. Gross profit was 432.2 million dollars, or 44.2 percent of net sales, compared to 332.5 million dollars, or 43.3 percent of net sales in the first quarter of 2015. Earnings from operations...

Business |REPORT

Skechers posts buoyant annual results, outlook upbeat

Net sales for the fourth quarter of 2015 at Skechers USA were 722.7 million dollars compared to 569.7 million dollars in the fourth quarter of 2014. Gross profit for the quarter was 329.9 million dollars or 45.6 percent of net sales compared to 45.2 percent of net sales in the fourth quarter of 2014. Fiscal year 2015 net sales were a record...

Business |REPORT

Skechers Q3 revenues accelerate, plans further retail expansion

Skechers USA said that the third quarter 2015 net sales were 856.2 million dollars compared to 674.3 million dollars for the third quarter of 2014. Gross profit was 387 million dollars or 45.2 percent of net sales compared to 304.5 million dollars or 45.2 percent of net sales for the third quarter of last year. Earnings from operations were 95.6...

Business |REPORT Featured

Skechers scores 29 percent rise in FY14 revenues

Skechers USA reported that net sales for fiscal year 2014 were 2.378 billion dollars compared to net sales of 1.846 billion dollars in 2013. Gross profit for 2014 was 1.072 billion dollars or 45.1 percent of net sales compared to 818.8 million dollars or 44.4 percent of net sales in 2013. Earnings from operations for 2014 were 209.1 million...