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Skechers USA (SKX)
NYSE:SKX
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.19Last Year’s EPS
1.37Same Quarter Last Year
Strong Buy
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 06, 2025
|% Change Since: -13.20%
|Next Earnings Date:Apr 24, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a robust performance by Skechers with record revenue and EPS growth, driven by strong expansion into new markets and regions. However, challenges such as a decline in China sales and negative foreign exchange impacts slightly offset these achievements.Company Guidance
In the Skechers earnings call, the company provided guidance for fiscal year 2025 with sales projected to be between $9.7 billion and $9.8 billion, despite facing headwinds from foreign currency fluctuations and new global minimum tax regulations. Earnings per diluted share are expected to range from $4.30 to $4.50, with the effective tax rate anticipated to rise to 22-23%. The company plans capital expenditures between $600 million and $700 million, primarily to expand distribution centers in the U.S. and China. For Q1 2025, sales are forecasted to be between $2.4 billion and $2.425 billion, with net earnings per share projected at $1.10 to $1.15.Record Revenue and EPS Growth
Skechers achieved record sales of over $9 billion, a 13% increase year-over-year, and diluted earnings per share of $4.40, representing a 26% increase.
Strong Fourth Quarter Performance
Fourth-quarter sales reached $2.24 billion with earnings per share of $0.86, driven by 17% growth in wholesale and 8% in direct-to-consumer.
Expansion into New Markets
Skechers expanded into soccer and basketball markets, introduced cricket footwear and apparel in India, and engaged with a roster of elite athletes globally.
EMEA Region Growth
Sales in the EMEA region increased by 25% year-over-year, driven by strength across almost all markets.
Healthy Balance Sheet and Share Repurchase
Maintained a strong balance sheet with $1.38 billion in cash and executed a repurchase of approximately 5.2 million shares.
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SKX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SKX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 06, 2025 | $75.62 | $66.03 | -12.68% |
| Oct 24, 2024 | $61.63 | $59.21 | -3.93% |
| Jul 25, 2024 | $63.71 | $64.72 | +1.59% |
| Apr 25, 2024 | $58.82 | $65.41 | +11.20% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Skechers USA (SKX) report earnings?
Skechers USA (SKX) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is Skechers USA (SKX) earnings time?
Skechers USA (SKX) earnings time is at Apr 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SKX EPS forecast?
SKX EPS forecast for the fiscal quarter 2025 (Q1) is 1.19.
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