Skechers U.S.A., Inc. (SKX)
Market Cap | 9.68B |
Revenue (ttm) | 8.97B |
Net Income (ttm) | 639.47M |
Shares Out | 150.97M |
EPS (ttm) | 4.16 |
PE Ratio | 14.86 |
Forward PE | 13.65 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 628,161 |
Open | 62.80 |
Previous Close | 61.82 |
Day's Range | 62.69 - 64.22 |
52-Week Range | 55.67 - 78.85 |
Beta | 1.19 |
Analysts | Strong Buy |
Price Target | 81.45 (+26.99%) |
Earnings Date | Feb 6, 2025 |
About SKX
Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children worldwide. The company operates through Wholesale and Direct-to-Consumer segments. It offers footwear under Skechers Hands Free Slip-ins, Skechers Arch Fit, and Skechers Air-Cooled Memory Foam brands. In addition, the company provides men’s and women’s slip-resistant and safety-toe casuals, and boots for protective footwear in their work environments. It sells its products through department stores, family shoe stores, specialty running and s... [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 12 analysts, the average rating for SKX stock is "Strong Buy." The 12-month stock price forecast is $81.45, which is an increase of 26.99% from the latest price.
News
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Danish Footballer Matt O'Riley Joins Team Skechers
COPENHAGEN, Denmark--(BUSINESS WIRE)--DANISH FOOTBALLER MATT O'RILEY JOINS TEAM SKECHERS.
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Skechers to Present at the Raymond James Institutional Investor Conference on March 4th
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...
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Skechers Is Gaining Global Share While Building Performance But Trades At 12x P/E, It's A Buy
Skechers posted strong 4Q24 results with 12% revenue growth and a 10% operating margin for the year, driven by U.S. wholesale restocking and robust international sales. Despite cyclical margin risks, ...
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Footballer Isco Alarcón Signs With Skechers
MADRID--(BUSINESS WIRE)--FOOTBALLER ISCO ALARCÓN SIGNS WITH SKECHERS Spanish League Superstar Competing in Skechers Football Boots.
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Skechers: Undervalued And Gaining Market Share
I estimate Skechers' intrinsic value at $12B or $80 per share, with revenue doubling to $18B by 2035, assuming improved operating margins and significant reinvestment. The footwear industry is mature ...
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Los Angeles Clippers Shooting Guard Norman Powell Joins Team Skechers
LOS ANGELES--(BUSINESS WIRE)--Seeking Comfort That Performs® on the court, Los Angeles Clippers shooting guard Norman Powell is now exclusively playing in Skechers Basketball footwear after signing wi...
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Petco Love Selects 25 Winning Love Stories Highlighting Pet Adoption
National Nonprofit, in partnership with BOBS® from Skechers®, Awards $500,000 to Winning Animal Welfare Organizations Including $100,000 for Grand Prize Story Featuring Love Story of Cat Therapy Team ...
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Footwear Major Skechers Stock Sinks On Q4 Miss & Weak Outlook; Inventory Piles Up
Footwear and apparel company Skechers USA Inc SKX shares are trading lower on Friday.
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Skechers Posts Downbeat Results, Joins e.l.f. Beauty, LiveRamp And Other Big Stocks Moving Lower In Friday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Dow Jones futures gaining around 0.1% on Friday.
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Skechers Stock Tumbles on Weak Outlook, Concerns Over Trump Tariffs
Shares of shoe maker Skechers slumped 12% in premarket trading Friday following a disappointing outlook and the CEO's comments on the potential impact of tariffs.
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Skechers U.S.A. (SKX) Q4 2024 Earnings Call Transcript
Skechers U.S.A. (NYSE:SKX) Q4 2024 Earnings Call Transcript February 6, 2025 4:30 PM ET Company Participants Jason D'Eath - Cybersecurity Engineering Team David Weinberg - Executive VP, COO & Directo...
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Skechers Announces 2024 Record Annual Sales of $8.97 Billion
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 fo...
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Stock Picks From Seeking Alpha's January 2025 New Analysts
In January, Seeking Alpha welcomed 29 new analysts. This article introduces them and showcases some of their top picks. Analysts highlighted include The Conservative Investor recommending Dassault Avi...
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Andy Reid Returns in Skechers' 12th Big Game Spot
LOS ANGELES--(BUSINESS WIRE)--Andy Reid Returns in Skechers' 12th Big Game Spot.
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World's First Skechers Performance Flagship Location Opens
EDMONTON, Alberta--(BUSINESS WIRE)--World's First Skechers Performance Flagship Location Opens.
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Skechers: Still A Buy Based On Performance And Valuation
Skechers' focus on comfort and competitive pricing has driven strong market performance, with stable revenue growth outpacing industry averages and impressive 5-year compound growth rates. Rising marg...
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Skechers USA Remains A Solid Prospect For Growth And Value Investors Alike
Skechers USA has shown impressive growth, with revenue jumping from $6.31 billion to $8 billion, driven by both wholesale and direct-to-consumer operations. Despite rapid growth, Skechers shares are a...
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Skechers to Report Fourth Quarter and Full Year 2024 Financial Results on Thursday, February 6th
LOS ANGELES--(BUSINESS WIRE)--Skechers USA, Inc. (NYSE: SKX), a global footwear leader, today announced that the Company will release its fourth quarter and full year 2024 financial results after mark...
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Skechers: Slight Shadows On Q4 Outlook
After an incredibly strong Q3, Skechers U.S.A., Inc.'s Q4 outlook is more mixed with macroeconomic turbulence in certain markets and some weaker sales signals. Despite an expected sequential slowdown,...
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New Skechers Concept Store Opens in Prague
PRAGUE--(BUSINESS WIRE)--NEW SKECHERS CONCEPT STORE OPENS IN PRAGUE.
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Skechers Honored With the Icon Award for Social Impact at the Footwear News Achievement Awards
LOS ANGELES--(BUSINESS WIRE)--Skechers Honored With the Icon Award for Social Impact at the Footwear News Achievement Awards.
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Skechers to Present at the Morgan Stanley Global Consumer & Retail Conference on December 3rd
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...
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Skechers to Relocate to Expanded Distribution Center in Liège to Support the Brand's Growth in Europe
BRUSSELS--(BUSINESS WIRE)--Skechers to Relocate to Expanded Distribution Center in Liège to Support the Brand's Growth in Europe.
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Retail Stock Signal Has Never Been Wrong
Retailer Skechers USA (SKX) has taken an 8.2% haircut this quarter, which has resulted in the stock breaching its year-to-date breakeven level. Now trading at $61.59, the shares are a ways off their J...
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The 16th Skechers Pier to Pier Friendship Walk Raises Over $3.4 Million for Kids
LOS ANGELES--(BUSINESS WIRE)--The 16th Skechers Pier to Pier Friendship Walk Raises Over $3.4 Million for Kids.