Skechers Q4 2022 Earnings Report
Key Takeaways
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.
Record quarterly sales of $1.88 billion, a year-over-year increase of 13.5%
Wholesale sales grew 15.7%
Direct-to-Consumer sales grew 10.8%
Diluted earnings per share of $0.48
Skechers
Skechers
Skechers Revenue by Segment
Skechers Revenue by Geographic Location
Forward Guidance
For fiscal year 2023, the Company believes it will achieve sales between $7.75 billion and $8.0 billion and diluted earnings per share of between $2.80 and $3.00. The Company believes that for the first quarter of 2023, it will achieve sales between $1.80 billion and $1.85 billion and diluted earnings per share of between $0.55 and $0.60. Further, the Company believes that total capital expenditures will be between $300 million and $350 million in 2023.
Revenue & Expenses
Visualization of income flow from segment revenue to net income