Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Review Skechers' (SKX) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
Skechers (SKX) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.91 per share a year ago.
| - Industry | - Sector | Robert Y. Greenberg CEO | NYSE Exchange | 830566105 CUSIP |
| US Country | 10,100 Employees | - Last Dividend | 16 Oct 2015 Last Split | 9 Jun 1999 IPO Date |
Skechers U.S.A., Inc., established in 1992 and headquartered in Manhattan Beach, California, is a global leader in the footwear industry, offering a diverse range of products for men, women, and children. The company operates through two main segments: Wholesale and Direct-to-Consumer, distributing its products worldwide. Skechers is known for its innovative and comfort-oriented footwear, catering to various consumer needs through department stores, specialty retailers, its own retail stores, and digital platforms. The brand is also involved in licensing its Skechers label as part of its comprehensive market strategy.
Skechers products are available through a broad distribution network, including department and specialty stores, company-owned outlets, and online platforms. Additionally, the company expands its reach through franchisee and licensee channels, further solidifying its presence in the global footwear market.