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Skechers Q1 sales up, withdraws guidance due to economic uncertainty
Sportswear company Skechers announced its first quarter 2025 financial results, reporting sales of 2.41 billion dollars, a 7.1 percent increase driven by a 7.2 percent increase internationally and a 6.9 percent increase domestically. However, due to macroeconomic uncertainty, Skechers is withdrawing its annual 2025 financial guidance. CEO Robert...
BusinessMemberApr 25, 2025
Skechers reports record-breaking sales in FY 2024 highlights
Skechers, The Comfort Technology Company™, has announced record full-year results for 2024, underscoring the brand’s robust global momentum across wholesale and direct-to-consumer channels. Total sales reached an unprecedented $8.97 billion, marking a 12.1% increase year-over-year, or 13.0% on a constant currency basis. This performance was...
BusinessPress ReleaseMar 25, 2025
Skechers Q1 guidance falls short of analyst estimates despite strong Q4
Footwear company Skechers sales of 2.21 billion dollars for the fourth quarter of FY24, increased 12.8 percent meeting Wall Street estimates of 2.22 billion dollars. However, their first-quarter fiscal year 2025 revenue guidance of 2.42 billion dollars fell 2.6 percent short of analysts' expectations. Skechers posts strong Q4 results The company...
BusinessFeaturedMemberFeb 7, 2025