Skechers USA (SKX) Reports In-Line Q4 EPS, Revenues Beat; Offers Q1 EPS/Revenue Guidance Below Consensus
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Skechers Announces Record Fourth Quarter Sales of $1.33 Billion and Record Annual Sales of $5.22 Billion in 2019
February 6, 2020 4:05 PM ESTMANHATTAN BEACH, Calif.--(BUSINESS WIRE)-- SKECHERS USA, Inc. (NYSE: SKX), a global footwear leader, today announced financial results for the fourth quarter and full year ended December 31, 2019.
Fourth Quarter Highlights
Record quarterly sales of $1.33 billion, an increase of 23.1 percent Diluted earnings per share of $0.39, an increase of 25.8 percent International sales increased 31.2 percent, or 32.3 percent on a constant currency basis Domestic sales increased 13.0 percent, including an increase of 10.4 percent in domestic... More