Skechers (SKX) came out with quarterly earnings of $1.33 per share, beating the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $1.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20.91%. A quarter ago, it was expected that this shoe company would post earnings of $0.52 per share when it actually produced earnings of $0.56, delivering a surprise of 7.69%.Over the last four quarters, the company has ...

LOS ANGELES, CA – April 25, 2024 – Skechers U.S.A., Inc. ("Skechers" or the "Company") (NYSE:SKX), The Comfort Technology Company TM and a global footwear leader, today announced financial results for the first quarter ended March 31, 2024. First Quarter Highlights Exhibit 99.1 SKECHERS ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTS AND RECORD SALES OF $2.25 BILLION "For the first quarter, Skechers achieved a new sales record of $2.25 billion, EPS of $1.33, gross margins of 52.5% and an operating margin of ...

Skechers U.S.A., Inc. (SKX) is likely to register an increase in the top line when it reports first-quarter 2024 earnings results on Apr 25 after market close. The Zacks Consensus Estimate for revenues is pegged at $2,188 million, which indicates an improvement of 9.3% from the prior-year reported figure.The company, renowned for its design, marketing and distribution of footwear, apparel and accessories, is expected to observe a year-over-year increase in its bottom line. The Zacks Consensus Estimate for f ...

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Analysts on Wall Street project that Skechers (SKX) will announce quarterly earnings of $1.10 per share in its forthcoming report, representing an increase of 7.8% year over year. Revenues are projected to reach $2.19 billion, increasing 9.3% from the same quarter last year.Over the last 30 days, there has been a downward revision of 1.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts ov ...

Skechers' (SKX) success story hinges on robust demand for its comfort technology products and enhanced digital capabilities. A diverse range of footwear across various categories like fashion, athletic, non-athletic and work footwear allows it to capture the market and attract customers from different demographic profiles. Its initiative of introducing products keep it relevant in a constantly evolving industry.SKX has been always dedicated to maintaining a balance between style, comfort, innovation and qua ...

Skechers U.S.A., Inc. (SKX) leverages a varied product mix that spans fashion, athletic, casual and work footwear, anchoring its robust market presence and appeal across diverse consumer segments. Its commitment to delivering comfort-oriented footwear resonates with prevailing consumer preferences.The company's strategies, which include a multi-brand approach, the expansion of its global retail footprint, embracing digital initiatives and enhancing direct-to-consumer (DTC) channels, along with adept financi ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Skechers (SKX) , which belongs to the Zacks Shoes and Retail Apparel industry, could be a great candidate to consider.This shoe company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 13.46%.For the last reported quarter, Skechers came out with ...

Charley Gallay/Getty Images EntertainmentSkechers (NYSE:SKX), founded in 1992, is a global footwear powerhouse renowned for its casual and performance-oriented shoes. With a presence in over 170 countries, the company boasts an extensive product lineup catering to diverse consumer preferences. The brand's popularity is underscored by endorsements from prominent athletes and celebrities like Tony Romo and Camila Cabello. Notably, Skechers has prioritized sustainability, implementing eco-friendly practice ...

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 Financial Officer, will participate in a fireside chat at the UBS Global Consumer and Retail Conference in New York City on Wednesday, March 13, 2024 at 10:00 a.m. PT / 1:00 p.m. ET. The audio portion of the fireside chat will be available live and on replay for 90 days on the Company’s website at investors.ske ...