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

NYSE: SKX · IEX Real-Time Price · USD
51.07
-0.60 (-1.16%)
May 26, 2023, 4:00 PM EDT - Market closed
-1.16%
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]

IPO Date Jun 9, 1999
Employees 7,800
Stock Exchange NYSE
Ticker Symbol SKX
Full Company Profile

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 Statements

Analyst 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.

Price Target
$53.67
(5.09% upside)
Analyst Consensus: Buy
Stock Forecasts

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.

1 week ago - CNBC

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...

2 weeks ago - PRNewsWire

12 Stocks That Offer Growth, Value, and Momentum

Why pick one factor or style of investing when you can have them all?

3 weeks ago - Barrons

Skechers Announces Sponsorship of the Pickleball Canada National Championship

TORONTO--(BUSINESS WIRE)--Skechers Announces Sponsorship of the Pickleball Canada National Championship.

3 weeks ago - Business Wire

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.

3 weeks ago - Business Wire

Doja Cat Battles Doja Cat in First Skechers Campaign

LOS ANGELES--(BUSINESS WIRE)--Doja Cat Battles Doja Cat in First Skechers Campaign.

1 month ago - Business Wire

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...

1 month ago - Business Wire

Doja Cat Is Skechers' First Artist-in-Residence

LOS ANGELES--(BUSINESS WIRE)--Doja Cat Is Skechers' First Artist-in-Residence.

1 month ago - Business Wire

Skechers to Acquire Scandinavia Distributor

LOS ANGELES & ESBJERG, Denmark--(BUSINESS WIRE)--Skechers to Acquire Scandinavia Distributor.

1 month ago - Business Wire

Skechers Elite Athlete Matt Fitzpatrick Wins RBC Heritage

LONDON--(BUSINESS WIRE)--Matt Fitzpatrick wins RBC Heritage

1 month ago - Business Wire

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...

1 month ago - Business Wire

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...

1 month ago - Business Wire

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.

2 months ago - Business Wire

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...

2 months ago - Business Wire

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.

Other symbols: ELNKESBUX
2 months ago - Barrons

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

Skechers Launches Fashion Collaboration With Diane von Furstenberg

Skechers and Diane von Furstenberg collaborate on footwear and apparel collection.

3 months ago - Business Wire

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...

3 months ago - Business Wire

Skechers Signs Nuria Roca

MADRID--(BUSINESS WIRE)--Skechers Signs Nuria Roca

3 months ago - Business Wire

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...

3 months ago - PRNewsWire

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...

3 months ago - Business Wire

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...

4 months ago - PYMNTS

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...

4 months ago - Market Watch