Skechers USA, Inc. (SKX)

NYSE: SKX · Delayed Price · USD
35.97
1.29 (3.72%)
At close: May 25, 2022 4:00 PM
36.00
0.03 (0.08%)
After-hours:May 25, 2022 7:41 PM EDT
Market Cap5.60B
Revenue (ttm)6.68B
Net Income (ttm)764.15M
Shares Out155.77M
EPS (ttm)4.87
PE Ratio7.39
Forward PE12.05
Dividendn/a
Ex-Dividend Daten/a
Volume1,290,601
Open34.07
Previous Close34.68
Day's Range34.06 - 36.23
52-Week Range33.50 - 55.87
Beta1.33
AnalystsBuy
Price Target62.61 (+74.1%)
Earnings DateApr 26, 2022

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...

IndustryTextiles, Apparel & Luxury Goods
IPO DateJun 9, 1999
CEORobert Greenberg
Employees6,200
Stock ExchangeNYSE
Ticker SymbolSKX
Full Company Profile

Financial Performance

In 2021, Skechers USA's revenue was $6.29 billion, an increase of 36.71% compared to the previous year's $4.60 billion. Earnings were $741.50 million, an increase of 652.31%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for SKX stock is "Buy." The 12-month stock price forecast is 62.61, which is an increase of 74.06% from the latest price.

Price Target
$62.61
(74.06% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Skechers Elite Runner Edward Cheserek Wins Second Straight Carlsbad 5000

LOS ANGELES--(BUSINESS WIRE)--SKECHERS ELITE RUNNER EDWARD CHESEREK WINS SECOND STRAIGHT CARLSBAD 5000

1 day ago - Business Wire

Disciplined Growth Makes Skechers USA A Quality Holding

The stock still presents excellent risk/reward and has 79%+ upside.

1 week ago - Forbes

Skechers Donations Exceed $8 Million in Mission to Save Shelter Animals

LOS ANGELES--(BUSINESS WIRE)--Skechers Donations Exceed $8 Million in Mission to Save Shelter Animals

1 week ago - Business Wire

Skechers Stock Can Be Bought on Pullbacks

Consumer footwear and athleisure brand Skechers U.S.A. (NYSE: SKX) stock has fallen (-16%) for 2022 faring slightly better than the benchmark indices.

2 weeks ago - MarketBeat

Skechers is a sponsor of the pickleball championships, a sport that will likely gain attention from more athletic com...

One thing that Skechers Inc. and the sport of pickleball have in common: both are expanding their appeal to wider audiences.

3 weeks ago - Market Watch

Skechers (SKX) Beats on Q1 Earnings, Raises 2022 EPS Outlook

Solid gains from Skechers' (SKX) direct-to-consumer sales and comfort technology footwear aid first-quarter 2022 results. Its e-commerce business also appears encouraging.

4 weeks ago - Zacks Investment Research

Skechers (SKX) Surpasses Q1 Earnings and Revenue Estimates

Skechers (SKX) delivered earnings and revenue surprises of 6.94% and 7.43%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 weeks ago - Zacks Investment Research

Skechers stock gains more than 3% on Q1 beat

Shares of Skechers USA Inc. SKX, -4.66% rose more than 4% in the extended session Wednesday after the footwear retailer reported first-quarter earnings and sales above expectations, saying its wholesale...

4 weeks ago - Market Watch

Skechers Announces Record First Quarter 2022 Financial Results

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 fir...

4 weeks ago - Business Wire

Skechers (SKX) to Report Q1 Earnings: What's in the Offing?

Skechers' (SKX) first-quarter 2022 earnings results might show gains from its comfort technology footwear and innovation efforts. Its direct-to-consumer business also bodes well.

1 month ago - Zacks Investment Research

Amazon challenges Shopify, Activision Blizzard diversifies board, Skechers signs pickleball winners

Yahoo Finance Live examines several of today's stories tied to trending stock tickers, including Amazon's new "Buy with Prime" service and Shopify implementing bitcoin payments.

Other symbols:ATVISHOPAMZN
1 month ago - Yahoo Finance

Skechers Signs Pickleball Pros Tyson McGuffin and Catherine Parenteau

LOS ANGELES--(BUSINESS WIRE)--Skechers Signs Pickleball Pros Tyson McGuffin and Catherine Parenteau

1 month ago - Business Wire

Skechers Announces Reportable Segment Change and Will Report First Quarter 2022 Financial Results on Tuesday, April 26th

LOS ANGELES--(BUSINESS WIRE)--SKECHERS U.S.A., Inc. (“Skechers” or the “Company”) (NYSE:SKX), The Comfort Technology CompanyTM, today announced that it has changed its segment reporting, as the Company ...

1 month ago - Business Wire

Skechers Named Official Footwear Sponsor of the DIO Implant LA Open

LOS ANGELES--(BUSINESS WIRE)--Skechers Named Official Footwear Sponsor of the DIO Implant LA Open

1 month ago - Business Wire

Skechers Appoints Yolanda Macias to Its Board of Directors

LOS ANGELES--(BUSINESS WIRE)--SKECHERS APPOINTS YOLANDA MACIAS TO ITS BOARD OF DIRECTORS

Other symbols:CIDM
1 month ago - Business Wire

Amazon erases 2022 losses, Skechers partners with Martha Stewart, Hycroft Mining shares spike

Yahoo Finance Live looks at several of the day's trending stock tickers, including Hycroft Mining's continued shares spike following AMC's investment.

Other symbols:HYMCAMZN
1 month ago - Yahoo Finance

Skechers Brings Comfort Home With Martha Stewart

LOS ANGELES--(BUSINESS WIRE)--Skechers Brings Comfort Home With Martha Stewart

1 month ago - Business Wire

Skechers (SKX) Strong on Robust Omni-Channel Initiatives

Skechers (SKX) is gaining on solid direct-to-consumer sales and Comfort Technology footwear. Its international business also appears encouraging.

2 months ago - Zacks Investment Research

Skechers Expands Sponsorship With Team WRT in Second Year of High-Speed Deal

LOS ANGELES--(BUSINESS WIRE)--SKECHERS EXPANDS SPONSORSHIP WITH TEAM WRT IN SECOND YEAR OF HIGH-SPEED DEAL

2 months ago - Business Wire

Golf Pro Matt Fitzpatrick Joins Team Skechers

LOS ANGELES--(BUSINESS WIRE)--Golf Pro Matt Fitzpatrick Joins Team Skechers

2 months ago - Business Wire

Skechers Enters the Metaverse

LOS ANGELES--(BUSINESS WIRE)--SKECHERS ENTERS THE METAVERSE - The Global Lifestyle Brand Will Open an Experiential Store in Decentraland's Fashion District

2 months ago - Business Wire

Skechers temporarily suspends shipments to Russia

Skechers USA Inc. SKX, +2.69% said Wednesday it is temporarily suspending shipments of its sporty footwear and apparel to Russia following its invasion of neighboring Ukraine. The company said it's also...

2 months ago - Market Watch

Skechers Temporarily Suspends Shipments to Russia and Provides $250,000 in Humanitarian Aid to Ukraine

LOS ANGELES--(BUSINESS WIRE)--SKECHERS TEMPORARILY SUSPENDS SHIPMENTS TO RUSSIA AND PROVIDES $250,000 IN HUMANITARIAN AID TO UKRAINE

2 months ago - Business Wire

Skechers Pier to Pier Friendship Walk Donates $2.5 Million to Children With Special Needs and Education

LOS ANGELES--(BUSINESS WIRE)--Skechers Pier to Pier Friendship Walk Donates $2.5 Million to Children With Special Needs and Education

2 months ago - Business Wire

Skechers to Present at the UBS Global Consumer & Retail Conference on March 9th

LOS ANGELES--(BUSINESS WIRE)--SKECHERS USA, Inc. (NYSE:SKX), The Comfort Technology Company™ and a global footwear leader, today announced that John Vandemore, Chief Financial Officer, will participate ...

2 months ago - Business Wire