Please wait while we load the requested 10-Q report or click the link below:
FOR IMMEDIATE RELEASE
|Company Contact:|| |
Chief Operating Officer
Chief Financial Officer
SKECHERS USA, Inc.
|Investor Relations:|| |
Addo Investor Relations
SKECHERS ACHIEVES NEW QUARTERLY SALES RECORD
MANHATTAN BEACH, CA. April 18, 2019 SKECHERS USA, Inc. (NYSE:SKX), a global footwear leader, today announced financial results for the first quarter ended March 31, 2019.
First Quarter Highlights
Record sales of $1.28 billion, an increase of 2.1 percent, or 5.2 percent on a constant currency basis
International sales increased 9.3 percent, or 15.0 percent on a constant currency basis
Earnings from operations of $165.9 million, an increase of 11.5 percent
Operating margin increased to 13.0 percent
The momentum we experienced in 2018 is continuing as we again achieved a new quarterly sales record in the first quarter of 2019, began Robert Greenberg, chief executive officer of Skechers. Our focus has been on designing and delivering relevant product across all genders and categories and supporting it with targeted marketing for our diverse consumer base. In the first quarter, Skechers GOrun Razor 3 Hyper received the Editors Choice award by Runners World, we were on fashion week runways in Berlin and London, launched both a new mens campaign during the Super Bowl with football legend and broadcaster Tony Romo, and a fresh womens campaign with pop superstar Camila Cabello, who appeared in Skechers DLites in store windows, magazines, and on television and billboards around the world. We also sponsored the Skechers Performance Los Angeles Marathon and several Skechers elite golfers and
The following information was filed by Skechers Usa Inc (SKX) on Thursday, April 18, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
View differences made from one quarter to another to evaluate Skechers Usa Inc's financial trajectory
Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were
removed , and by Skechers Usa Inc.