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Skechers Pier to Pier Friendship Walk Raises $1 Million

The Skechers Foundation announced that it raised a record $1 million for children with special needs and education through the 2013 Skechers Pier to Pier Friendship Walk. With presenting sponsor Nickelodeon and celebrities Jimmy Kimmel, Brooke Burke-Charv

Skechers Q3 Profits Soar

Led by double-digit improvements in its domestic wholesale segment with ongoing momentum its its performance division, Skechers USA, Inc. reported third-quarter revenues climbed 20.1 percent to $515.8 million. Earnings jumped 143.6 percent, to $26.8 milli

Skechers Q3 Profits More Than Double

Skechers USA, Inc. reported earnings jumped 143.6 percent in its third quarter ended Sept. 30, to $26.8 million, or 53 cents a share, compared to net earnings of $11.0 million, or 22 cents, a year ago. Revenues climbed 20.1 percent to $515.8 million compa

Skechers Returns to Profitability in Q2

Skechers USA, Inc. reported second quarter 2013 net sales were $428.2 million compared to $384.0 million for the second quarter of 2012, a gain of 11.5 percent. Earnings from operations reached $17.2 million versus a loss from operations of $1.5 million f

Skechers To Sponsor Chevron Houston Marathon

Skechers USA, Inc. announced a multi-year partnership with the Houston Marathon Committee, Inc. under which the Skechers Performance Division will become the official footwear and apparel sponsor for the Chevron Houston Marathon…

Skechers Swings To First-Quarter Profit

Aided by increasing acceptance of its performance offerings, Skechers USA, Inc. reported revenues rose 28.6 percent in the first quarter, to $451.6 million. Earnings reached $6.7 million, or 13 cents a share, rebounding from a loss of $3.7 million, or 7 c

Judge OKs Settlement Over Skechers Toning Claims

A federal judge approved a $40 million class-action settlement last week between Skechers USA Inc. and consumers who bought toning shoes. The approval comes a year after Skechers reached a deal with the Federal Trade Commission over the ads' claims t

Skechers’ Q1 Revenues Climb 28.6 Percent

Skechers USA, Inc. reported first quarter sales rose 28.6 percent to $451.6 million from $351.3 million in the first quarter of 2012. Earnings from operations for the first quarter of 2013 were $15.3 million versus a loss from operations of $4.4 million

Judge OKs Settlement Over Skechers Toning Claims

A federal judge approved a $40 million class-action settlement Monday between Skechers USA Inc. and consumers who bought toning shoes, according to a report by the Associated Press. The approval comes a year after Skechers reached a deal with the Federal

Skechers Appoints BDO As New Auditors

Skechers USA, Inc. announced that the audit committee of its board of directors appointed BDO USA, LLP as the company's independent auditors. The company also indicated that its first quarter will be impacted by 7 cents a share in one-time charges re

Skechers Announces Resignation of KPMG as Lead Auditor

Skechers USA, Inc. announced that KPMG, LLP resigned, April 8, 2013, as independent auditor of Skechers due to misconduct by KPMG’s lead Audit Engagement Partner on the Skechers account. In connection with its resignation, KPMG has publicly stated t