Skechers USA (SKX) Misses Q4 EPS by 9c, Guidance Misses

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Skechers Announces 2024 Record Annual Sales of $8.97 Billion

February 6, 2025 4:05 PM EST

LOS ANGELES--(BUSINESS WIRE)-- Skechers U.S.A., Inc. (Skechers or the Company) (NYSE: SKX), The Comfort Technology Company® and a global footwear leader, today announced financial results for the fourth quarter and full year ended December 31, 2024.

Full Year 2024 Highlights

Sales of $8.97 billion, a year-over-year increase of 12.1%; sales of $9.04 billion on a constant currency basis, a year-over-year increase of 13.0% Wholesale sales grew 13.2% Direct-to-Consumer sales grew 10.7% Diluted earnings per share of $4.16, a year-over-year increase of 19.2%; diluted earnings per share on a constant currency basis of $4.40, a year-over-year... More