Skechers Earnings Reports

Skechers announced record full year sales of $8.97 billion in 2024, with fourth quarter sales reaching $2.21 billion, a 12.8% increase year-over-year. Diluted earnings per share for the quarter were $0.65, a 16.1% increase year-over-year.

Skechers announced record-breaking quarterly sales of $2.35 billion, a 15.9% increase year-over-year. Diluted earnings per share increased by 35.5% to $1.26. The company's wholesale and direct-to-consumer segments grew by 20.6% and 9.6%, respectively.

Skechers reported record second quarter sales of $2.16 billion, a 7.2% increase year-over-year, driven by strong demand for its diverse footwear portfolio. Diluted earnings per share were $0.91. The company also authorized a new $1 billion share repurchase program and raised its full-year outlook for sales and earnings.

Skechers reported a record sales of $2.25 billion for Q1 2024, a 12.5% increase compared to the previous year. Diluted earnings per share increased by 30.4% to $1.33. The company saw growth in both its Direct-to-Consumer and Wholesale segments, with international sales representing 65% of total sales.

Skechers announced record fourth quarter sales of $1.96 billion, a 4.4% increase year-over-year, and record annual sales of $8.00 billion for 2023. Diluted earnings per share for the quarter were $0.56, a 16.7% increase year-over-year. The company's Direct-to-Consumer sales grew 20.3% during the quarter.

Skechers announced record quarterly sales of $2.02 billion, a 7.8% year-over-year increase. Diluted earnings per share increased by 69.1% to $0.93. The company saw growth across all regions, with a significant decrease in inventory levels and a strong gross margin of 52.9%.

Skechers reported record quarterly sales of $2.01 billion, a 7.7% year-over-year increase. Diluted earnings per share increased by 69.0% to $0.98. Direct-to-Consumer sales grew by 29.1%.

Skechers announced record quarterly sales of $2.00 billion, representing a 10.0% increase compared to the previous year. The company's Direct-to-Consumer sales grew by 24.5%. Diluted earnings per share were reported at $1.02.

Skechers reported record fourth-quarter sales of $1.88 billion, a 13.5% year-over-year increase. Wholesale sales grew by 15.7%, and direct-to-consumer sales increased by 10.8%. Diluted earnings per share were $0.48.

Skechers achieved record quarterly sales of $1.88 billion, representing a 20.5% year-over-year increase. Growth was driven by strong demand in both Wholesale and Direct-to-Consumer segments across all regions, with EMEA leading the way. Diluted earnings per share were $0.55.

Skechers reported record quarterly sales of $1.87 billion, a 12.4% increase year-over-year. However, diluted earnings per share decreased to $0.58, a 34.1% decrease compared to the prior year. The growth was driven by increases in both domestic and international businesses, with wholesale and direct-to-consumer segments contributing.

Skechers announced record first quarter 2022 financial results, with sales reaching $1.82 billion, a 26.8% increase year-over-year. Diluted earnings per share increased 22.2% to $0.77. The company's growth was driven by increases in both Wholesale and Direct-to-Consumer segments.

Skechers reported record fourth-quarter sales of $1.65 billion, a 24.4% increase year-over-year, driven by growth in international wholesale and direct-to-consumer segments. Diluted earnings per share were $2.56, and adjusted diluted earnings per share were $0.43. The company's board authorized a $500 million share repurchase program.

Skechers reported record third-quarter sales of $1.55 billion, a 19.2% increase year-over-year. Diluted earnings per share were $0.66, a 61.0% increase year-over-year. The growth was driven by increases in both direct-to-consumer and wholesale segments.

Skechers reported record second quarter sales of $1.66 billion, a 127.3% increase year-over-year, and diluted earnings per share of $0.88. The company saw growth across all segments, driven by increased demand for its comfort technology products.

Skechers reported a record first quarter with sales reaching $1.43 billion, a 15.0% increase year-over-year. The growth was driven by a 20.2% increase in international sales and an 8.5% increase in domestic sales. Diluted earnings per share were $0.63.

Skechers announced Q4 2020 financial results with sales of $1.32 billion, a decrease of 0.5% year-over-year. Diluted earnings per share were $0.34, including a one-time tax benefit of $0.10 per share. The company's domestic wholesale sales grew by 1.2%, while China sales increased by 29.7%. Cash and cash equivalents at quarter-end totaled $1.37 billion.

Skechers reported Q3 2020 sales of $1.30 billion, a 3.9% decrease year-over-year, but a 78.3% increase from Q2 2020. Diluted earnings per share were $0.41, and adjusted diluted earnings per share were $0.53. The domestic wholesale business grew by 6.3%, and China sales increased by 23.9%. Cash, cash equivalents, and investments totaled $1.50 billion at quarter-end.

Skechers reported a challenging second quarter due to the COVID-19 pandemic, with sales down 42.0 percent to $729.5 million. The company experienced a diluted loss per share of $0.44. However, there were positive signs, including a 428.2 percent growth in company-owned e-commerce sales and an 11.5 percent increase in China sales. The company ended the quarter with $1.56 billion in cash, cash equivalents, and investments.

Skechers announced first quarter 2020 financial results with sales of $1.24 billion, a 2.7 percent decrease compared to the same period last year. Diluted earnings per share were $0.32, a decrease of 54.9 percent. The company experienced strong momentum in the first two months of 2020 before being impacted by the pandemic.

Skechers announced record fourth quarter sales of $1.33 billion, a 23.1% increase, and diluted earnings per share of $0.39, a 25.8% increase. International sales increased by 31.2%, representing a record 59.3% of total sales. Domestic sales also grew by 13.0%, driven by a 10.4% increase in domestic wholesale.