Skechers USA (SKX) Tops Q4 EPS by 4c, Revenues Beat

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Skechers Announces Fourth Quarter and Full Year 2020 Financial Results

February 4, 2021 4:05 PM EST

MANHATTAN BEACH, Calif.--(BUSINESS WIRE)-- SKECHERS U.S.A., Inc. (Skechers or the Company) (NYSE: SKX), a global footwear leader, today announced financial results for the fourth quarter and full year ended December 31, 2020.

Fourth Quarter Highlights

Sales of $1.32 billion, a decrease of 0.5% year-over-year Domestic Wholesale sales grew 1.2% year-over-year China sales grew 29.7% year-over-year Diluted earnings per share were $0.34, including a one-time tax benefit of $0.10 per share Cash and cash equivalents were $1.37... More