SKX's first-quarter results reflect higher year-over-year sales, highlighting strong global demand and effective execution across distribution channels.
Skechers U.S.A., Inc. (NYSE:SKX ) Q1 2025 Earnings Conference Call April 24, 2025 4:30 PM ET Company Participants Soo Hwang - Senior Director of International Merchandising David Weinberg - COO John Vandemore - CFO Conference Call Participants Jay Sole - UBS Laurent Vasilescu - BNP Paribas Peter McGoldrick - Stifel Adrienne Yih - Barclays Alex Straton - Morgan Stanley John Kernan - TD Cowen Jesalyn Wong - Evercore ISI Josh Reiss - Raymond James Krisztina Katai - Deutsche Bank Chris Nardone - Bank of America Anna Andreeva - Piper Sandler Tom Nikic - Needham & Company Sam Poser - Williams Trading Operator Greetings, and welcome to Skechers First Quarter 2025 Earnings Conference Call.
While the top- and bottom-line numbers for Skechers (SKX) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Skechers (SKX) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $1.33 per share a year ago.
SKX is trading at a forward P/E of 10.76, a significant discount to historical valuations and competitors, making it a compelling buy, especially after recent market corrections. SKX's focus on value and comfort products positions it well to weather economic downturns, with potential to gain market share from premium brands like Nike and Adidas. International Expansion and a good balance of DTC and Wholesale - two important growth levers.
Skechers' focus on product innovation, strategic partnerships and DTC expansion is likely to favorably impact its first-quarter results.
Beyond analysts' top -and-bottom-line estimates for Skechers (SKX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.
Skechers (SKX) concluded the recent trading session at $47.63, signifying a +1.97% move from its prior day's close.
Skechers (SKX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Skechers (SKX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the most recent trading session, Skechers (SKX) closed at $49.47, indicating a +0.24% shift from the previous trading day.
SKX's proactive approach and broad market reach position it well for sustained performance despite headwinds in China and currency-related challenges.