Results for "skechers"

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Skechers Gets BTS and Fashion Athletic Boost in Q3…

October 30, 2006 SGB Update

Skechers USA, Inc. broke the $300 million barrier for the first time in the third quarter, surpassing guidance for both sales and earnings. Management pointed to “double-digit” growth in kids for back-to-school; domestic wholesale growth of 22%; and “trip

Skechers Cruises Past Q3 Estimates on Solid BTS

October 25, 2006 SGB Executive

Skechers USA, Inc. reported that net sales for the third quarter rose 21.4% to $331.1 million compared to $272.8 million for the same period in 2005. Third quarter 2006 net earnings were $22.2 million, or 49 cents per diluted share, versus net earnings of

Skechers Sees Q2 Strength Across Brands…

July 31, 2006 SGB Update

Skechers USA, Inc. posted its tenth consecutive quarter of year-over-year top-line increases in the second quarter. The company received support in the form of double-digit sales increases in several of its fashion lines, including Michelle K, Rhino Red,

Skechers Sees Sales Gain for 9th Straight Quarter…

May 1, 2006 SGB Update

Skechers USA, Inc. saw record sales for its first quarter, with double-digit sales growth in both the domestic retail and wholesale businesses, as well as double-digit sales growth in the international distributor channel. In fact, the only down point fo

Skechers Net Sales Jump 12.7% in First Quarter

April 26, 2006 SGB Update

SKECHERS USA, Inc. saw Q1 net sales increase 12.7% to $277.6 million over net sales of $246.2 million for the first quarter of 2005. Net earnings for the quarter were $16.6 million versus net earnings of $10.3 million for the first quarter of 2005. Dilute

Skechers Joins SandP Small Cap Index

April 12, 2006 SGB Executive SGB Update

Standard & Poor's shuffled several indices due to the recent acquisition of Guidant Corp. by Boston Scientific Corp. As a result, Legg Mason Inc. will replace Guidant Corp. in the S&P 500; Oshkosh Truck Corp. will replace Legg Mason in the S&P MidCap

SKECHERS Inks Footwear Licensing Deal with Zoo York

March 7, 2006 SGB Update

SKECHERS signed a licensing agreement to design, develop and market men's footwear worldwide for the premier action sport lifestyle brand Zoo York. The agreement is the latest milestone in the successful growth of Zoo York, which, under parent compan

Skechers Nearly Triples Q4 EPS on Stronger Sales

February 22, 2006 SGB Update

Skechers USA, Inc. reported that net sales for the fourth quarter of 2005 increased 8.2% to $223.5 million as compared to $206.5 million in the fourth quarter of 2004. Net earnings for the fourth quarter of 2005 were $5.9 million, or 14 cents per diluted

Skechers Ups Q4 Guidance…

February 13, 2006 SGB Update

Skechers USA expects to exceed a billion dollars in sales in 2005 on stronger-than-expected fourth quarter sales. SKX has raised its guidance for the quarter and the year ended December 31, now estimating diluted earnings per share to be in the range of

Skechers Expects Strong Q4; Raises Guidance

February 10, 2006 SGB Executive

Skechers USA raised its guidance for fourth quarter 2005 revenues to the range of $220 million to $223 million, above the high-end of the company's previous guidance of $210 million to $220 million, and $1.003-$1.006 billion for the full year. The co

Skechers Promotes Weinberg to COO, Appoints CFO

January 3, 2006 SGB Update

Skechers USA announced that its CFO David Weinberg has been promoted to the position of COO and that Fred Schneider, who has been a member of the company's Board of Directors and Chairman of its Audit Committee, has been appointed as its CFO. In addi

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