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

NYSE: SKX · Real-Time Price · USD
64.09
+2.27 (3.67%)
Feb 26, 2025, 12:16 PM EST - Market open
3.67%
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]

IPO Date Jun 9, 1999
Employees 17,900
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 $81.45, which is an increase of 26.99% from the latest price.

Price Target
$81.45
(26.99% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Danish Footballer Matt O'Riley Joins Team Skechers

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

9 hours 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...

1 day 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 days 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.

6 days 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 ...

10 days 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...

13 days 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 ...

15 days 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.

19 days 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
19 days 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.

19 days 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...

19 days 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...

19 days 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...

21 days 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.

22 days ago - Business Wire

World's First Skechers Performance Flagship Location Opens

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

5 weeks 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...

5 weeks 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...

6 weeks 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...

6 weeks 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,...

7 weeks ago - Seeking Alpha

New Skechers Concept Store Opens in Prague

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

2 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.

2 months ago - Business Wire

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...

3 months ago - Business Wire

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.

3 months ago - Business Wire

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...

4 months ago - Forbes

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.

Other symbols: PARA
4 months ago - Business Wire