Skechers U.S.A., Inc. (SKX)
| Market Cap | 9.20B |
| Revenue (ttm) | 9.13B |
| Net Income (ttm) | 635.29M |
| Shares Out | 149.60M |
| EPS (ttm) | 4.16 |
| PE Ratio | 14.77 |
| Forward PE | 17.38 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 12,376,145 |
| Open | 61.50 |
| Previous Close | 61.48 |
| Day's Range | 61.45 - 61.59 |
| 52-Week Range | 44.50 - 78.85 |
| Beta | 1.06 |
| Analysts | Buy |
| Price Target | 70.33 (+14.4%) |
| Earnings Date | Apr 24, 2025 |
About SKX
Skechers U.S.A., Inc. designs, develops, and markets footwear, apparel, and accessories worldwide. The company operates in two segments, Wholesale and Direct-to-Consumer. It offers footwear under the Skechers Hands Free Slip-ins, Skechers Arch Fit, and Skechers Air-Cooled Memory Foam brands; and slip-resistant and safety-toe shoes and boots for protective footwear in their work environments for men, women, and kids. The company sells its products through Skechers-branded stores operated by third-party franchisees and licensees, family shoe stor... [Read more]
Financial Performance
In 2024, Skechers U.S.A.'s revenue was $8.97 billion, an increase of 12.11% compared to the previous year's $8.00 billion. Earnings were $639.47 million, an increase of 17.16%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for SKX stock is "Buy." The 12-month stock price forecast is $70.33, which is an increase of 14.40% from the latest price.
News
First European Performance-Focused Skechers Store Opens in Belgium
WAALWIJK, Netherlands--(BUSINESS WIRE)--First European Performance-focused Skechers Store Opens in Belgium.
Skechers Named Official Footwear Partner of Bay to Breakers Powered by Windsurf 2025
Footwear Leader Joins as New Sponsor for San Francisco's Most Iconic Footrace On Sunday, May 18 SAN FRANCISCO , May 7, 2025 /PRNewswire/ -- Step by step, a new partnership is lacing up to energize San...
Skechers AERO Series Opens New Chapter of Technical Running Innovation
LOS ANGELES--(BUSINESS WIRE)--Skechers AERO Series Opens New Chapter of Technical Running Innovation.
Johnson Fistel Investigates Fairness of Proposed Sale of Skechers to 3G Capital
SAN DIEGO, May 06, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of Skechers U.S.A., Inc. (NYSE: SKX) breached ...
Skechers to go private following $9.4B deal with 3G Capital
Private equity firm 3G Capital reached a deal to buy Skechers and take the footwear company private. The deal is set to close in the third quarter.
Skechers Shareholders Unhappy with Merger Should Contact Shareholder Rights Firm Regarding Potential Legal Claims
NEW YORK , May 5, 2025 /PRNewswire/ -- Julie & Holleman LLP, a top-tier shareholder rights firm, is investigating the acquisition of Skechers U.S.A., Inc. (NYSE: SKX) by global investment firm 3G Capi...
Skechers to be taken private by 3G Capital in biggest footwear buyout to date
California-based shoe brand agrees to $9.42bn deal with investment firm as it grapples with impact of US tariffs
Skechers Stock Soars on $9.4 Billion Deal With 3G Capital to Go Private
Skechers (SKX) shares skyrocketed Monday after the lifestyle shoe manufacturer agreed to be taken private by investment firm 3G Capital for approximately $9.4 billion.
Skechers shares jump 25% after striking $9.4B deal to go private
Investment firm 3G Capital, controlled by Brazilian billionaire financier Jorge Paulo Lemann, agreed to buy the company.
SKX Investors Have the Opportunity to Join Investigation of Skechers U.S.A., Inc. with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--SKX Investors Have the Opportunity to Join Investigation of Skechers U.S.A., Inc. with the Schall Law Firm.
Skechers Sells For $9 Billion After Warning Trump's Tariffs Pose ‘Existential Threat'
Skechers agreed to be acquired by the private equity firm 3G Capital in a deal valued at $9.4 billion, the companies announced Monday, amid tumult in the industry—Skechers signed a letter last week by...
Skechers' stock rockets on buyout deal after tumbling in wake of tariff concerns
Last week, the company reported results that missed expectations and withdrew its full-year outlook.
Footwear Giant Skechers To Go Private At 30% Premium In PE Deal
Footwear giant Skechers U.S.A. Inc. SKX stock is soaring on Monday.
Global footwear giant Skechers to go private in $9.4 billion deal with 3G Capital
Skechers is set to step into a new era. The global footwear giant announced on Monday that it has agreed to be acquired by private equity powerhouse 3G Capital in a deal that will take the company pri...
Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%
Skechers' 26-year run on the public markets will soon come to an end after it announced it will be acquired by private equity firm 3G Capital for $63 per share. The purchase price represents a 30% pre...
Skechers to Go Private in 3G Merger
Skechers agreed to become a privately held company through a merger with 3G Capital.
Footwear brand Skechers to be taken private in $9 billion deal
Footwear company Skechers said on Monday it had agreed to be acquired by investment firm 3G Capital in a deal worth $9.4 billion.
Skechers Agrees to Be Acquired by 3G Capital
LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Skechers U.S.A., Inc. (“Skechers” or the “Company”) (NYSE: SKX), a Fortune 500 company and the third largest footwear company in the world, today announced tha...
Skechers to Present at the Barclays Americas Select Franchise Conference on May 6th
LOS ANGELES--(BUSINESS WIRE)--Skechers USA, Inc. (“Skechers” or the “Company”) (NYSE: SKX), The Comfort Technology Company™ and a global footwear leader, today announced that John Vandemore, Chief Fin...
US-China trade war: How tariffs are impacting American brands in China
Some big US consumer companies like Nike (NKE) and Starbucks (SBUX) have a significant presence in China too. TD Cowen managing director John Kernan performed a survey on how the trade tensions are im...
Skechers Posts Weak Revenue, Joins Intel, Gilead Sciences And Other Big Stocks Moving Lower In Friday's Pre-Market Session
U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Friday.
Skechers U.S.A., Inc. (SKX) Q1 2025 Earnings Call Transcript
Skechers U.S.A., Inc. (NYSE:SKX) Q1 2025 Earnings Conference Call April 24, 2025 4:30 PM ET Company Participants Soo Hwang - Senior Director of International Merchandising David Weinberg - COO John V...
Footwear brand Skechers pulls annual forecast on trade uncertainty, shares drop
Skechers on Thursday withdrew its annual results forecast as the Trump administration's erratic trade policies fuel economic uncertainty, sending the footwear maker's shares down 7% in extended tradin...
Skechers says it can't predict trade-war impact, pulls outlook
Shares of Skechers USA Inc. fell after hours on Thursday after the comfort-footwear maker reported first-quarter sales that missed Wall Street's estimates and withdrew its outlook for this year, as th...
Skechers Announces First Quarter 2025 Financial Results and Record Quarterly Sales
LOS ANGELES--(BUSINESS WIRE)--Skechers U.S.A., Inc. (“Skechers” or the “Company”) (NYSE:SKX), The Comfort Technology Company® and a global footwear leader, today announced financial results for the fi...