•
Sep 30, 2022
Skechers Q3 2022 Earnings Report
Skechers reported record quarterly sales driven by double-digit growth in wholesale and direct-to-consumer segments.
Key Takeaways
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.
Record quarterly sales reached $1.88 billion, a 20.5% increase year-over-year.
Wholesale sales grew by 26.2%.
Direct-to-Consumer sales increased by 11.9%.
Diluted earnings per share were $0.55.
Skechers
Skechers
Skechers Revenue by Segment
Forward Guidance
For the fourth quarter of 2022, Skechers expects sales between $1.725 billion and $1.775 billion, and diluted earnings per share between $0.30 and $0.40.