Skechers USA (SKX) Misses Q2 EPS by 12c; Offers 3Q EPS/Revenue Outlook Below Consensus

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Go back to Skechers USA (SKX) Misses Q2 EPS by 12c; Offers 3Q EPS/Revenue Outlook Below Consensus

SKECHERS Achieves New Second Quarter 2018 Sales Record

July 19, 2018 4:05 PM EDT

MANHATTAN BEACH, Calif.--(BUSINESS WIRE)-- SKECHERS USA, Inc. (NYSE: SKX), a global footwear leader, today announced financial results for the second quarter ended June 30, 2018.

Second Quarter Highlights

Record sales of $1.134 billion, an increase of 10.6 percent Record quarter gross margins of 49.4 percent International wholesale sales increased 24.9 percent; total international wholesale and retail sales combined represented 51.6 percent of total sales Company-owned global retail sales increased 12.8 percent, with a... More