Skechers USA (SKX) Reports In-Line Q1 EPS

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Skechers Announces First Quarter 2020 Financial Results

April 23, 2020 4:05 PM EDT

MANHATTAN BEACH, Calif.--(BUSINESS WIRE)-- SKECHERS USA, Inc. (NYSE: SKX), a global footwear leader, today announced financial results for the first quarter ended March 31, 2020.

First Quarter Results

Sales of $1.24 billion, a 2.7 percent decrease Constant currency sales were $1.26 billion, a 1.2 percent decrease Domestic wholesale sales increased 9.0 percent International wholly-owned subsidiary sales increased 9.4 percent Diluted earnings per share were $0.32, a decrease of 54.9 percent Adjusted earnings per share were $0.39, a decrease of 45.1... More