Skechers USA (SKX) Tops Q1 EPS by 17c

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Go back to Skechers USA (SKX) Tops Q1 EPS by 17c

Skechers Announces Record First Quarter 2021 Financial Results

April 22, 2021 4:05 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- SKECHERS U.S.A., Inc. (Skechers or the Company) (NYSE: SKX), a global footwear leader, today announced financial results for the first quarter ended March 31, 2021.

First Quarter Highlights

Sales of $1.43 billion, an increase of 15.0% and quarterly record International Wholesale sales grew 23.8% Direct-to-Consumer sales grew 18.1% Diluted earnings per share were $0.63 Cash, cash equivalents and investments were $1.51 billion

Skechers new sales record in the first quarter is a remarkable achievement, especially... More