Skechers U.S.A., Inc. (SKX)
| Market Cap | 7.90B |
| Revenue (ttm) | 7.63B |
| Net Income (ttm) | 412.25M |
| Shares Out | 154.73M |
| EPS (ttm) | 2.63 |
| PE Ratio | 19.42 |
| Forward PE | 14.49 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,561,447 |
| Open | 51.05 |
| Previous Close | 51.67 |
| Day's Range | 50.86 - 51.88 |
| 52-Week Range | 31.28 - 54.77 |
| Beta | 1.32 |
| Analysts | Buy |
| Price Target | 53.67 (+5.09%) |
| Earnings Date | Jul 25, 2023 |
About SKX
Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women worldwide. The company operates through three segments: Domestic Wholesale, International Wholesale, and Direct-to-Consumer. It offers casual, casual athletic, sport athletic, trail, sandals, boots, and retro fashion footwear for men and women under the Skechers USA, Skechers Sport, Skechers Active, Modern Comfort, Skechers Street, Mark Nason, and BOBS brands; sneakers, casuals, boots, and sandals f... [Read more]
Financial Performance
In 2022, Skechers USA's revenue was $7.44 billion, an increase of 17.98% compared to the previous year's $6.31 billion. Earnings were $373.03 million, a decrease of -49.69%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for SKX stock is "Buy." The 12-month stock price forecast is $53.67, which is an increase of 5.09% from the latest price.
News
These retailers are most at risk for a margin squeeze this earnings season thanks to cautious consumers, heavy promotions
Affordability is the primary thing consumers are considering before buying something and it could lead retailers to use discounts to woo customers.
FIRST EVER NATIONAL DOG PLAYGROUP ROCKSTARS ADOPTION EVENT ON MAY 13th
Non pr ofits Petco Love and Dogs Playing for Life launch a new approach to Pet Adoption SAN ANTONIO , May 9, 2023 /PRNewswire/ -- On May 13 th, national nonprofit organization Petco Love joins forces...
Skechers Announces Sponsorship of the Pickleball Canada National Championship
TORONTO--(BUSINESS WIRE)--Skechers Announces Sponsorship of the Pickleball Canada National Championship.
Skechers Promotes Richard Parker to Managing Director for UK & Ireland
LONDON--(BUSINESS WIRE)--SKECHERS PROMOTES RICHARD PARKER TO MANAGING DIRECTOR FOR UK & IRELAND; Peter Youell Transitions to Special Projects Advisory Position.
Doja Cat Battles Doja Cat in First Skechers Campaign
LOS ANGELES--(BUSINESS WIRE)--Doja Cat Battles Doja Cat in First Skechers Campaign.
Skechers Announces First Quarter 2023 Financial Results and Record Quarterly Sales of $2 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...
Doja Cat Is Skechers' First Artist-in-Residence
LOS ANGELES--(BUSINESS WIRE)--Doja Cat Is Skechers' First Artist-in-Residence.
Skechers to Acquire Scandinavia Distributor
LOS ANGELES & ESBJERG, Denmark--(BUSINESS WIRE)--Skechers to Acquire Scandinavia Distributor.
Skechers Elite Athlete Matt Fitzpatrick Wins RBC Heritage
LONDON--(BUSINESS WIRE)--Matt Fitzpatrick wins RBC Heritage
Mr. T Is the Only ‘T' in Skechers
LOS ANGELES--(BUSINESS WIRE)--For more than three decades, Skechers has been spelled the same way…without a ‘t'. Now for the first time ever, there really is a ‘t' in Skechers…Mr. T. The A-Team legend...
Skechers to Report First Quarter 2023 Financial Results on Thursday, April 27th
LOS ANGELES--(BUSINESS WIRE)--Skechers USA, Inc. (NYSE: SKX), The Comfort Technology Company™, today announced that the Company will release its first quarter 2023 financial results after market close...
Skechers Pier to Pier Friendship Walk Raises a Record-Breaking $3.1 Million in Donations for Children With Special Needs and Education
LOS ANGELES--(BUSINESS WIRE)--Skechers Pier to Pier Friendship Walk Raises a Record-Breaking $3.
Ashley Park Brings Song and Dance to Skechers
LOS ANGELES--(BUSINESS WIRE)--Skechers takes center stage with acclaimed Broadway and television star Ashley Park in a stylish musical campaign for the brand's popular Skechers Uno fashion sneakers. C...
Nike, Starbucks, and Other Retailers Are Betting Big on China's Reopening. It Won't Be Easy.
The end of Covid Zero hasn't spelled the end of U.S. retail companies' struggles in the country.
Skechers to Present at the UBS Global Consumer and Retail Conference on March 15th
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...
Skechers and Martha Stewart Team Up for Their First Footwear Collaboration
LOS ANGELES--(BUSINESS WIRE)--Skechers, The Comfort Technology Company™, is giving women a chance to step into lifestyle queen Martha Stewart's shoes with her personalized Spring 2023 capsule, A Day i...
Skechers to Present at the Raymond James 44th Annual Institutional Investors Conference on March 7th
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...
Skechers Launches Fashion Collaboration With Diane von Furstenberg
Skechers and Diane von Furstenberg collaborate on footwear and apparel collection.
Skechers Continues Pickleball Domination as Official Footwear Sponsor of the Carvana PPA Tour
LOS ANGELES--(BUSINESS WIRE)--Building on the successful launch of its pickleball program, Skechers, The Comfort Technology Company™, is expanding its presence in this fast-growing sport through a mul...
Skechers Signs Nuria Roca
MADRID--(BUSINESS WIRE)--Skechers Signs Nuria Roca
Petco Love and BOBS from Skechers™ Celebrate Pet Love Stories for Valentine's Day
Petco Love awarding more than $500K in grants to 18 organizations nationwide. SAN ANTONIO , Feb. 14, 2023 /PRNewswire/ -- Today, Petco Love , a life-changing nonprofit organization in partnership with...
Skechers Named Company of the Year by Footwear Plus
LOS ANGELES--(BUSINESS WIRE)--Skechers U.S.A., Inc. (NYSE:SKX), The Comfort Technology Company™, has been honored as Company of the Year by Footwear Plus for the tenth time. Skechers was also recently...
Skechers Says Comfortable Products and Omnichannel Sales Drive Record Growth
Comfortable shoes, widespread product distribution and marketing are paying off for Skechers. The footwear and apparel brand has achieved four consecutive quarters of record sales and reached annual s...
Skechers stock drops after profit warning
Skechers USA Inc. SKX, -0.08% stock fell 2.5% in after-market trades Thursday after the footwear company projected it would fall short of first-quarter and full-year 2023 profit estimates. For the fir...