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Jun 30, 2021
Skechers Q2 2021 Earnings Report
Skechers achieved record quarterly sales and diluted earnings per share.
Key Takeaways
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.
Record quarterly sales of $1.66 billion, an increase of 127.3% year-over-year, and 31.7% over the second quarter of 2019.
Domestic Wholesale sales grew 205.7%.
Direct-to-Consumer sales grew 137.8%.
Record quarterly diluted earnings per share of $0.88.
Revenue by Segment
Forward Guidance
For the third quarter of 2021, Skechers expects sales between $1.60 billion and $1.65 billion and diluted earnings per share between $0.70 and $0.75. For the full fiscal year 2021, the Company believes it will achieve sales between $6.15 billion and $6.25 billion and diluted earnings per share of between $2.55 and $2.65.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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