Skechers Q3 revenues accelerate, plans further retail expansion

Skechers USA said that the third quarter 2015 net sales were 856.2 million dollars compared to 674.3 million dollars for the third quarter of 2014. Gross profit was 387 million dollars or 45.2 percent of net sales compared to 304.5 million dollars or 45.2 percent of net sales for the third quarter of last year. Earnings from operations were 95.6 million dollars as compared to 74.1 million dollars, same quarter last year.