Skechers U.S.A., Inc. (SKX)
Market Cap | 9.87B |
Revenue (ttm) | 8.25B |
Net Income (ttm) | 591.98M |
Shares Out | 152.58M |
EPS (ttm) | 3.80 |
PE Ratio | 17.03 |
Forward PE | 15.00 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 4,313,487 |
Open | 65.00 |
Previous Close | 63.71 |
Day's Range | 63.46 - 65.93 |
52-Week Range | 45.58 - 75.09 |
Beta | 1.26 |
Analysts | Strong Buy |
Price Target | 75.69 (+16.95%) |
Earnings Date | Jul 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]
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 StatementsAnalyst Forecast
According to 13 analysts, the average rating for SKX stock is "Strong Buy." The 12-month stock price forecast is $75.69, which is an increase of 16.95% from the latest price.
News
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Analyst Bumps Up Skechers Price Forecast, Cites Strong Wholesale and European Growth Despite Earnings Miss
Wedbush analyst Tom Nikic reiterated an Outperform rating on Skechers U.S.A., Inc. SKX, raising the price forecast to $79 from $76.
Instant Earnings Reaction: DECK, TXRH, SKX
Texas Roadhouse (TXRH) beats earnings estimates, Deckers Outdoor (DECK) wins big with UGG and HOKA, and Skechers (SKX) raises its outlook after a record Q2. Diane King Hall and Kevin Green join Oliver...
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Skechers shares rise on $1 billion buyback, more upbeat outlook
Shares of Skechers USA Inc. rose after hours on Thursday after the comfort-footwear maker announced a $1 billion buyback and bumped its full-year profit outlook higher, as retailers stocked up on Skec...
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Skechers Announces Second Quarter 2024 Financial Results and Board Authorized $1 Billion Share Repurchase Program
LOS ANGELES--(BUSINESS WIRE)--Skechers U.S.A., Inc. (“Skechers” or the “Company”) (NYSE:SKX), The Comfort Technology CompanyTM and a global footwear leader, today announced financial results for the s...
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Skechers Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Skechers U.S.A., Inc. SKX will release its second quarter financial results, after the closing bell on Thursday, July 25.
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Beach Volleyball Pros Andy Benesh and Miles Partain Join Skechers Roster
LOS ANGELES--(BUSINESS WIRE)--Skechers will be hitting the sand in the City of Lights as American beach volleyball pros Andy Benesh and Miles Partain compete for a medal and glory in the brand's perfo...
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Skechers sues LL Bean for copying shoe design
LL Bean has been sued by footwear maker Skechers USA , which accused the clothing and outdoor gear company of illegally copying its shoes, which have sold in the millions.
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Footwear Stocks Poised for Strong Q2: BofA Analyst Sees Attractive Upside for Crocs and Skechers
BofA Securities analyst Christopher Nardone has previewed the expected performance of footwear companies in the upcoming earning season.
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Footballer Mohammed Kudus Signs With Skechers
LONDON--(BUSINESS WIRE)--Footballer Mohammed Kudus Signs With Skechers.
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Skechers to Report Second Quarter 2024 Financial Results on Thursday, July 25th
LOS ANGELES--(BUSINESS WIRE)--Skechers USA, Inc. (NYSE: SKX), The Comfort Technology Company™ and a global footwear leader, today announced that the Company will release its second quarter 2024 financ...
![](https://cdn.snapi.dev/images/v1/d/u/conf2-2462474.jpg)
Skechers to Present at the Evercore ISI Consumer and Retail Conference on June 11th
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...
![](https://cdn.snapi.dev/images/v1/p/1/press15-2461372.jpg)
Skechers Surpasses $11 Million in Animal Welfare Donations
LOS ANGELES--(BUSINESS WIRE)--Skechers Surpasses $11 Million in Animal Welfare Donations.
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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.
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Skechers Announces Global Footwear Partnership With John Deere
LOS ANGELES--(BUSINESS WIRE)--Skechers Announces Global Footwear Partnership With John Deere.
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Skechers Opens Its First Store in Brussels
WAALWIJK, Netherlands--(BUSINESS WIRE)--SKECHERS OPENS ITS FIRST STORE IN BRUSSELS.
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...
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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.
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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.
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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...
![](https://cdn.snapi.dev/images/v1/t/c/press9-2352118.jpg)
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.
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.
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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...
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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...
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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...