Skechers USA (SKX) Tops Q4 EPS by 8c, Offers Q1 Guidance

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Go back to Skechers USA (SKX) Tops Q4 EPS by 8c, Offers Q1 Guidance

SKECHERS Announces Record Full-Year 2017 Sales of $4.16 Billion

February 8, 2018 4:05 PM EST

Record Annual Sales Achieved with New Fourth Quarter Record of $970.6 Million; Companys Board of Directors Authorizes $150 Million Stock Repurchase Program

MANHATTAN BEACH, Calif.--(BUSINESS WIRE)-- SKECHERS USA, Inc. (NYSE: SKX), a global footwear leader, today announced financial results for the fourth quarter and year ended December 31, 2017.

Fourth Quarter Highlights

Record sales of $970.6 million, an increase of 27.0 percent Earnings from operations of $55.7 million, an increase of 96.9 percent GAAP diluted loss per share of... More