Skechers U.S.A., Inc. (SKX)

NYSE: SKX · Real-Time Price · USD
57.01
-0.79 (-1.37%)
At close: Mar 28, 2025, 4:00 PM
57.49
+0.48 (0.84%)
After-hours: Mar 28, 2025, 5:56 PM EDT
-1.37%
Market Cap 8.51B
Revenue (ttm) 8.97B
Net Income (ttm) 639.47M
Shares Out 149.35M
EPS (ttm) 4.16
PE Ratio 13.70
Forward PE 12.60
Dividend n/a
Ex-Dividend Date n/a
Volume 1,629,324
Open 57.00
Previous Close 57.80
Day's Range 56.43 - 57.84
52-Week Range 53.79 - 78.85
Beta 1.21
Analysts Strong Buy
Price Target 80.55 (+41.29%)
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]

IPO Date Jun 9, 1999
Employees 20,100
Stock Exchange NYSE
Ticker Symbol SKX
Full Company Profile

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 Statements

Analyst Forecast

According to 12 analysts, the average rating for SKX stock is "Strong Buy." The 12-month stock price forecast is $80.55, which is an increase of 41.29% from the latest price.

Price Target
$80.55
(41.29% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

1 day ago - Business Wire

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.

8 days ago - Business Wire

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...

23 days ago - Business Wire

Skechers Concept Store Opens on Milan's Corso Buenos Aires

MILAN--(BUSINESS WIRE)--SKECHERS CONCEPT STORE OPENS ON MILAN'S CORSO BUENOS AIRES.

4 weeks ago - Business Wire

Danish Footballer Matt O'Riley Joins Team Skechers

COPENHAGEN, Denmark--(BUSINESS WIRE)--DANISH FOOTBALLER MATT O'RILEY JOINS TEAM SKECHERS.

4 weeks ago - Business Wire

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...

4 weeks ago - Business Wire

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, ...

5 weeks ago - Seeking Alpha

Footballer Isco Alarcón Signs With Skechers

MADRID--(BUSINESS WIRE)--FOOTBALLER ISCO ALARCÓN SIGNS WITH SKECHERS Spanish League Superstar Competing in Skechers Football Boots.

5 weeks ago - Business Wire

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 ...

5 weeks ago - Seeking Alpha

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...

6 weeks ago - Business Wire

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 ...

6 weeks ago - PRNewsWire

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.

7 weeks ago - Benzinga

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.

Other symbols: ELFRAMP
7 weeks ago - Benzinga

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.

7 weeks ago - Investopedia

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...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - Business Wire

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...

7 weeks ago - Seeking Alpha

Andy Reid Returns in Skechers' 12th Big Game Spot

LOS ANGELES--(BUSINESS WIRE)--Andy Reid Returns in Skechers' 12th Big Game Spot.

7 weeks ago - Business Wire

World's First Skechers Performance Flagship Location Opens

EDMONTON, Alberta--(BUSINESS WIRE)--World's First Skechers Performance Flagship Location Opens.

2 months ago - Business Wire

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

2 months ago - Business Wire

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,...

2 months ago - Seeking Alpha

New Skechers Concept Store Opens in Prague

PRAGUE--(BUSINESS WIRE)--NEW SKECHERS CONCEPT STORE OPENS IN PRAGUE.

3 months ago - Business Wire

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.

4 months ago - Business Wire