Skechers Announces Record First Quarter 2021 Financial Results

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Go back to Skechers Announces Record First Quarter 2021 Financial Results

Skechers USA (SKX) Tops Q1 EPS by 17c

April 22, 2021 4:08 PM EDT

Skechers USA (NYSE: SKX) reported Q1 EPS of $0.63, $0.17 better than the analyst estimate of $0.46. Revenue for the quarter came in at $1.43 billion versus the consensus estimate of $1.34 billion.

Skechers new sales record in the first quarter is a remarkable achievement, especially given the lockdown measures in many key countries, including across Europe, began Robert Greenberg, Chief Executive Officer of Skechers. This significant growth is the result of continued demand for Skechers product as consumers desire comfort and quality in their footwear and walking remains a top COVID-19 pandemic activity. With warmer weather and increased... More