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Skechers Easily Tops Wall Street’s Q3 Targets

Skechers USA Inc. reported net earnings in the third quarter jumped 41.8 percent on a 16.2 percent revenue gain. The top-line gains were driven by double-digit increases in its company-owned Skechers retail business worldwide and its international subsidiary and joint venture businesses.

Skechers Q2 Beats Expectations

Skechers USA Inc. reported second-quarter sales handily exceeded expectations due to double-digit growth at its own retail stores and internationally. Earnings, however, came below targets.

Skechers Opens Largest Factory Outlet Store

At approximately 24,000 square feet, the superstore in Ontario, CA features dedicated shops for the various Skechers lifestyle and performance collections for Men and Women, a Kids’ area with a theater and a shop dedicated to the brand’s growing apparel collection.

Skechers Scores Victories In Patent Dispute With Adidas

Skechers USA Inc.. announced that in two separate rulings the United States District Court for the District of Oregon denied Adidas’ motion for a preliminary injunction seeking to prevent Skechers from selling its Mega-Blade series of children’s shoes, and dismissed Adidas’ claim against Skechers for willful infringement of two patents allegedly covering Adidas’ Springblade shoes.