SGB Executive

Skechers Sees Domestic Wholesale Regaining Momentum

Skechers Sees Domestic Wholesale Regaining Momentum

Driven by outsized growth overseas and across the company's domestic direct-to-consumer (DTC) network, Skechers USA Inc. reported second-quarter earnings rose significantly over year-ago levels and handily topped guidance. Company officials also predicted domestic wholesale revenues would turn positive in the third quarter with growth accelerating in the fourth.

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