Skechers USA (SKX) Misses Q3 EPS by 10c

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Go back to Skechers USA (SKX) Misses Q3 EPS by 10c

Skechers Announces Third Quarter 2021 Financial Results

October 28, 2021 4:05 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- SKECHERS U.S.A., Inc. (Skechers or the Company) (NYSE: SKX), The Comfort Technology CompanyTM and a global footwear leader, today announced financial results for the third quarter ended September 30, 2021.

Third Quarter Highlights

Sales of $1.55 billion, a year-over-year increase of 19.2% Direct-to-Consumer sales grew 44.1% and wholesale sales grew 10.5% Diluted earnings per share of $0.66, a year-over-year increase of 61.0% Cash, cash equivalents and investments of $1.18 billion

Skechers achieved a new third quarter sales record surpassing $1.5 billion for the period, a... More