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

NYSE: SKX · IEX Real-Time Price · USD
68.42
+0.17 (0.25%)
At close: May 17, 2024, 4:00 PM
69.06
+0.64 (0.94%)
After-hours: May 17, 2024, 7:52 PM EDT
0.25%
Market Cap 10.45B
Revenue (ttm) 8.25B
Net Income (ttm) 591.98M
Shares Out 152.58M
EPS (ttm) 3.80
PE Ratio 18.01
Forward PE 16.95
Dividend n/a
Ex-Dividend Date n/a
Volume 614,899
Open 68.32
Previous Close 68.25
Day's Range 68.32 - 68.94
52-Week Range 45.58 - 69.80
Beta 1.30
Analysts Buy
Price Target 66.91 (-2.21%)
Earnings Date Apr 25, 2024

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 2023, SKX's revenue was $8.00 billion, an increase of 7.47% compared to the previous year's $7.44 billion. Earnings were $545.80 million, an increase of 46.32%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for SKX stock is "Buy." The 12-month stock price forecast is $66.91, which is a decrease of -2.21% from the latest price.

Price Target
$66.91
(-2.21% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Skechers First Brand to Buy Super Bowl LIX Ad

LOS ANGELES--(BUSINESS WIRE)--Skechers First Brand to Buy Super Bowl LIX Ad; Global Performance and Lifestyle Brand to Air its 12th Big Game Campaign in 2025.

2 days ago - Business Wire

Skechers Announces Global Footwear Partnership With John Deere

LOS ANGELES--(BUSINESS WIRE)--Skechers Announces Global Footwear Partnership With John Deere.

4 days ago - Business Wire

Skechers Opens Its First Store in Brussels

WAALWIJK, Netherlands--(BUSINESS WIRE)--SKECHERS OPENS ITS FIRST STORE IN BRUSSELS.

19 days ago - Business Wire

Skechers CFO: We're taking share across-the-board as we bring 'newness and innovation'

John Vandemore, Skechers CFO, joins 'Money Movers' to discuss who the company is most taking share from, the distinction in the way Skechers' brand is being perceived, and how big celebrity endorsemen...

22 days ago - CNBC Television

Skechers Stock Soars Toward Record High After Earnings. Here's Why.

Raymond James analyst Rick Patel raised his price target on the stock to $72 from $66.

22 days ago - Barrons

Skechers stock soars 7% after earnings crush estimates and company offers upbeat guidance

Skechers Inc.'s stock soared 7% in after-hours trade Thursday, after the athletic footwear company swept past earnings estimates for the first quarter.

23 days ago - Market Watch

Skechers Announces First Quarter 2024 Financial Results and Record Sales of $2.25 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 fi...

23 days ago - Business Wire

Albert Pujols Signs With Team Skechers

LOS ANGELES--(BUSINESS WIRE)--Albert Pujols Signs With Team Skechers; Future Baseball Hall of Famer Appears in Skechers Hands Free Slip-ins® Campaign.

6 weeks ago - Business Wire

Footwear brands are at their best when they stick to their gun, says Barclay's Adrienne Yih

Adrienne Yih, Barclays U.S. retail senior analyst, joins 'Power Lunch' to discuss Barclays expanding its coverage into footwear stocks and identifying which retailers are winning in the space.

Other symbols: CROXDECKONON
6 weeks ago - CNBC Television

Skechers to Report First Quarter 2024 Financial Results on Thursday, April 25th

LOS ANGELES--(BUSINESS WIRE)--Skechers USA, Inc. (NYSE: SKX), The Comfort Technology Company™, today announced that the Company will release its first quarter 2024 financial results after market close...

7 weeks ago - Business Wire

SEC Charges Skechers with Making Undisclosed Payments to Executives' Family Members

Company also charged with failing to disclose outstanding loans to its executives Washington, D.C.--(Newsfile Corp. - March 7, 2024) - The Securities and Exchange Commission today announced that Skech...

2 months ago - Newsfile Corp

Skechers to Present at the UBS Global Consumer and Retail Conference on March 13th

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 that John Vandemore, Chief F...

2 months ago - Business Wire

Skechers to Present at the Raymond James 45th Annual Institutional Investors Conference on March 4th

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 that John Vandemore, Chief F...

2 months ago - Business Wire

Skechers Joins Forces With Global Art Phenom Vexx

LOS ANGELES--(BUSINESS WIRE)--Skechers Joins Forces With Global Art Phenom Vexx.

3 months ago - Business Wire

Skechers Launches High-Tech Warehouse With Hai Robotics' Automated Goods-to-Person System

FREMONT, Calif.--(BUSINESS WIRE)--Skechers USA, a leading global footwear and apparel company, turns to Hai Robotics ("Hai"), a leading global provider of Automated Storage and Retrieval Systems (ASRS...

3 months ago - Business Wire

Skechers: On the Way to 10,000 Stores

LOS ANGELES--(BUSINESS WIRE)--Skechers: On the Way to 10,000 Stores; Global Footwear Brand Opens 5,000th Skechers Location.

3 months ago - Business Wire

Skechers Board of Directors Wins Victory in Shareholder Derivative Suit

LOS ANGELES--(BUSINESS WIRE)--SKECHERS BOARD OF DIRECTORS WINS VICTORY IN SHAREHOLDER DERIVATIVE SUIT.

3 months ago - Business Wire

Petco Love and BOBS® from Skechers® Announce Winners of Annual Petco Love Stories Campaign, Awarding $500,000 in Grants to Animal Welfare Organizations

Petco Love Celebrates 25 Year Milestone with 25 Love Stories Grant Recipients SAN ANTONIO , Feb. 6, 2024 /PRNewswire/ -- In a special commemoration of 25 years of heartwarming pet adoption stories, Pe...

3 months ago - PRNewsWire

Cautious retailers continue to be a ‘Grinch' for these clothing and shoe makers

The broader economy might be holding up. But if Thursday's results from Skechers USA and Columbia Sportswear Co. are any indication, the part of it that involves buying shoes and jackets might still b...

Other symbols: COLMNKE
3 months ago - Market Watch

Skechers slides on Q4 sales miss, as retailers ‘conservatively manage' inventory levels

Shares of Skechers USA Inc. fell 10.8% in extended trading Thursday after the comfort-footwear maker reported weaker-than-expected fourth-quarter sales amid a decline in its wholesale business.

3 months ago - Market Watch

Skechers Announces Record Annual Sales of $8.00 Billion for 2023

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...

3 months ago - Business Wire

Earnings Exchange: ExxonMobil, Chevron, Clorox & Skechers

Chris Grisanti, MAI Capital Management chief equity strategist, joins ‘The Exchange' to discussExxonMobil, Chevron, Skechers and Clorox.

Other symbols: CLXCVXXOM
3 months ago - CNBC Television

Red Sea disruption forces retailers to rethink back-to-school and holiday shipments

The disruption caused by Houthi attacks on cargo ships in the Red Sea is forcing U.S. retailers to rethink how back-to-school and holiday shipments are handled, according to the National Retail Federa...

3 months ago - Market Watch

These retail stocks could be exposed to Red Sea disruption, say analysts

A number of retail stocks could be exposed to the fallout from the Houthi attacks on cargo ships in the Red Sea, say analysts.

Other symbols: CPRIDLTRNKERL
4 months ago - Market Watch

BOBS from Skechers® Design Scholarship Winners Announced

LOS ANGELES--(BUSINESS WIRE)--BOBS From Skechers® Design Scholarship Winners Announced.

4 months ago - Business Wire