Skechers U.S.A., Inc. (SKX)
| Market Cap | 7.11B |
| Revenue (ttm) | 8.97B |
| Net Income (ttm) | 639.47M |
| Shares Out | 149.35M |
| EPS (ttm) | 4.16 |
| PE Ratio | 11.45 |
| Forward PE | 10.81 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,580,454 |
| Open | 46.88 |
| Previous Close | 46.71 |
| Day's Range | 46.69 - 47.70 |
| 52-Week Range | 44.50 - 78.85 |
| Beta | 1.08 |
| Analysts | Strong Buy |
| Price Target | 74.27 (+55.93%) |
| 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 12 analysts, the average rating for SKX stock is "Strong Buy." The 12-month stock price forecast is $74.27, which is an increase of 55.93% from the latest price.
News
Golf Legend Bernhard Langer Signs With Skechers
LOS ANGELES--(BUSINESS WIRE)--Golf legend and two-time Masters champion Bernhard Langer signs on with Skechers and will wear the brand's golf footwear for his return to Augusta this weekend. The PGA T...
The Big 3: LW, AMBA, SKX
@ProsperTradingAcademy's Mike Shorr turns to three trades he thinks investors have off their radars that are worthwhile in a tariff-induced environment. He talks about Lamb Weston's (LW) tariff-resist...
Skechers Drafts Kiki Iriafen
LOS ANGELES--(BUSINESS WIRE)--Skechers expands its basketball roster by signing University of Southern California forward Kiki Iriafen ahead of the 2025 WNBA draft. Expected to be a top draft pick in ...
Elite Goalkeeper Misa Rodríguez Signs With Skechers
MADRID--(BUSINESS WIRE)--ELITE GOALKEEPER MISA RODRÍGUEZ SIGNS WITH SKECHERS The Star Player is Competing in Skechers Football Boots.
Skechers to Report First Quarter 2025 Financial Results on Thursday, April 24th
LOS ANGELES--(BUSINESS WIRE)--Skechers USA, Inc. (NYSE: SKX), a global footwear leader, today announced that the Company will release its first quarter 2025 financial results after market close on Thu...
Footballer Niccolò Pisilli Joins Team Skechers
MILAN--(BUSINESS WIRE)--FOOTBALLER NICCOLÒ PISILLI JOINS TEAM SKECHERS; AS Roma and Italian National Team Midfielder Competing in Skechers Football boots.
Skechers to Present at the UBS Global Consumer and Retail Conference on March 12th
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...
Skechers Concept Store Opens on Milan's Corso Buenos Aires
MILAN--(BUSINESS WIRE)--SKECHERS CONCEPT STORE OPENS ON MILAN'S CORSO BUENOS AIRES.
Danish Footballer Matt O'Riley Joins Team Skechers
COPENHAGEN, Denmark--(BUSINESS WIRE)--DANISH FOOTBALLER MATT O'RILEY JOINS TEAM SKECHERS.
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...
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, ...
Footballer Isco Alarcón Signs With Skechers
MADRID--(BUSINESS WIRE)--FOOTBALLER ISCO ALARCÓN SIGNS WITH SKECHERS Spanish League Superstar Competing in Skechers Football Boots.
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 ...
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...
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 ...
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.
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.
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.
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...
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...
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...
Andy Reid Returns in Skechers' 12th Big Game Spot
LOS ANGELES--(BUSINESS WIRE)--Andy Reid Returns in Skechers' 12th Big Game Spot.
World's First Skechers Performance Flagship Location Opens
EDMONTON, Alberta--(BUSINESS WIRE)--World's First Skechers Performance Flagship Location Opens.
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...
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...