Skechers USA (SKX) Tops Q4 EPS by 11c

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Go back to Skechers USA (SKX) Tops Q4 EPS by 11c

Skechers Announces Record Fourth Quarter and Annual Sales

February 3, 2022 4:05 PM EST

Board Authorizes $500 Million Share Repurchase Program

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 fourth quarter and year ended December 31, 2021.

Fourth Quarter Highlights

Sales of $1.65 billion, a year-over-year increase of 24.4% Direct-to-Consumer sales grew 30.3% International Wholesale sales grew 30.1% Diluted earnings per share of $2.56, and adjusted diluted earnings per share of $0.43

Skechers focus on delivering... More