Skechers USA news and archive

Skechers Q3 revenues increase 7.5 percent

American shoe maker Skechers said on Thursday that its Q3 revenue for 2018 increased 7.5 percent. Profit dropped by 1.7 percent from the same period last year. The company’s sales in Q3 2018 were 1,17 billion US dollars, up from 1,09 billion US dollars a year earlier, while net earnings declined to 90.7 million US dollars. The profit margin of...

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Skechers Q2 profits fall 23.9 percent

American shoe maker Skechers said on Thursday its Q2 net profit for 2018 fell by 23.9 percent, while revenues increased by 10.6 percent from the same period last year. Hover over the graph to learn more. The company’s net profit for Q2 2018 was 45.3 million US dollars, down from 59.5 million US dollars a year earlier. Revenues rose to 1,134.8...

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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...

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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...

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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...

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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...