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Skechers Posts Q2 Profits; Beats Analysts’ Estimates

Skechers USA, Inc. reported that net sales for the second quarter of 2004 rose 2.4% to $234.7 million compared to $229.3 million in the second quarter of 2003. Net earnings for the quarter were $8.3 million, or 21 cents per diluted share, versus a net los

Skechers Q1 Net Income Off 17.6%, But Still Beats Street

Skeckers USA, Inc. reported that net sales for the first quarter of 2004 rose 6.2 percent to $221.5 million compared to $208.6 million in the first quarter of 2003. Net earnings for the quarter were $7.0 million, or 18 cents per diluted share, versus net

SkechersRaises Q1 Sales and Earnings Guidance

Skechers USA, Inc. said Tuesday it expects first quarter 2004 revenues to be above the previously guided range of $190 million to $200 million. The Company also anticipates an improvement in gross profit margin compared to fourth quarter 2003 due to a l

Skechers on the Mend in ‘04… or Is It???

Based on comments by management at Skechers USA, the company is at the beginning at what could either be a false start or a very positive start to 2004 based on recent trends. Wall Street, like management, appears to want o believe the latter as SKX shar

Skechers Q4 Loss Expands 43% on 3.0% Sales Decline

Skechers USA, Inc. reported that net sales for the fourth quarter of 2003 were down 3.0% to $175.3 million compared to $180.8 million in Q4 2002. The net loss for the quarter was $12.3 million, or 33 cents per diluted share, versus a net loss of $8.6 mil

Skechers Posts Net Loss on 11.5% Sales Decrease

SKECHERS USA announced financial results for the fourth quarter and fiscal year ended December 31, 2003. 2003 net sales were $835.0 million, as compared to net
sales of $943.6 million in 2002. Net loss for 2003 was $11.9 million versus net earnings of $47

Skechers Licenses Name for Childrens Socks

SKECHERS announced that United Legwear, Co. has been named the licensee for SKECHERS Kids-branded socks in the United States and Canada. SKECHERS Kids' sock agreement follows on the heels of the Fall 2003 launch of SKECHERS children's apparel wi

Skechers Licenses Name for Sportswear

SKECHERS announced that Paul Davril, Inc. (PDI) has been named the licensee for SKECHERS-branded men's and women's sportswear apparel in the United States. The line will launch in department and specialty stores in spring 2005…

Skechers Sees Q3 Loss on Close-outs…

Skechers saw third quarter sales fall sharply, but the numbers were better than the company’s previous guidance due primarily to the company’s “aggressive approach” to reduce inventories that cut into margins and pushed the company into the loss column…

Skechers Posts Q3 Loss as Sales Fall 15%

Skechers USA, Inc. announced net sales for the third quarter of 2003 totaled $221.8 million compared to $261.1 million in the third quarter of 2002. Net loss for the quarter was $5.9 million, or a 15 cents loss per diluted share, versus net earnings of $

Skechers Signs Kid’s Canada Licensee

Skechers USA, Inc. has named Multigroup Corporation as the licensee for Skechers-branded infant, toddler and children's apparel in Canada. Under the agreement, Multigroup will design, distribute and market children's sportswear and activewear i

Skechers Signs Jeans Licensee

Skechers USA, Inc. has named Federal Jeans, Inc. the licensee for Somethin' Else from Skechers-branded junior sportswear apparel in the United States and Canada. The line will launch in department stores in August 2004…