Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $141.98 USD
Change Today -0.75 / -0.53%
Volume 994.2K
SKX On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

skechers usa inc-cl a (SKX) Snapshot

Open
$142.48
Previous Close
$142.73
Day High
$144.64
Day Low
$140.18
52 Week High
08/6/15 - $163.60
52 Week Low
10/15/14 - $47.76
Market Cap
7.5B
Average Volume 10 Days
1.5M
EPS TTM
$4.11
Shares Outstanding
42.7M
EX-Date
--
P/E TM
34.6x
Dividend
--
Dividend Yield
--
Current Stock Chart for SKECHERS USA INC-CL A (SKX)

skechers usa inc-cl a (SKX) Details

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children, as well as performance footwear for men and women under the Skechers GO brand name worldwide. It operates through four segments: Domestic Wholesale Sales, International Wholesale Sales, Retail Sales, and E-commerce Sales. The company offers casual footwear, including boots, shoes, and sandals for men, as well as oxfords and slip-ons, lug outsole and fashion boots, and casual sandals for women; dress casuals, seasonal sandals and boots, and relaxed fit casuals for men and women; casual fusion line for young men and women under the Skechers USA brand. It also provides footwear for men and women comprising Skechers memory foam styles, lightweight performance-inspired athletics, classic athletic-inspired styles, and sport sandals and boots under the Skechers Sport brand name; casual sneakers for females and sporty styles sneakers under the Skechers Active and Skechers Sport Active brand; and footwear for kids, men, and young women under the BOBS from Skechers name. In addition, the company offers technical footwear under the Skechers Performance brand; boots, shoes, sneakers, and sandals for infants, toddlers, boys, and girls under the name of Skechers Kids brand. Further, it provides men’s and women’s casuals, such as field boots, hikers, and athletic shoes under the Skechers Work brand. The company sells its products through department stores and specialty retail stores, mid-tier retailers, boutiques, and distributor and licensee-owned international retail stores, as well as through its own retail stores and e-commerce Website. As of August 11, 2015, it operated approximately 1,100 SKECHERS retail stores. The company was founded in 1992 and is headquartered in Manhattan Beach, California.

2,944 Employees
Last Reported Date: 02/27/15
Founded in 1992

skechers usa inc-cl a (SKX) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $3.0M
President and Director
Total Annual Compensation: $2.7M
Chief Financial Officer, Chief Operating Offi...
Total Annual Compensation: $1.6M
Executive Vice President of Product Developme...
Total Annual Compensation: $1.0M
Executive Vice President of Business Affairs,...
Total Annual Compensation: $600.0K
Compensation as of Fiscal Year 2014.

skechers usa inc-cl a (SKX) Key Developments

SKECHERS USA, Inc. Launches New Subsidiary in Latin America, SKECHERS Latin America LLC

SKECHERS USA Inc. announced that the company is transitioning its business in Latin America from a third-party distributor to a wholly-owned subsidiary, SKECHERS Latin America LLC. The subsidiary will oversee more than 30 countries in the region, including the four key markets of Panama, Peru, Colombia and Costa Rica. Building on its nearly 20 years of business in Latin America, the company plans to grow its operations and footprint – transitioning 21 SKECHERS stores in the region to subsidiary-owned and -operated locations, looking at new retail destinations and expanding its account distribution base. Key executives at Dabsan International, including Dabsan company president Daniel Bassan, will help manage SKECHERS’ subsidiary business in Latin America. Based in Panama City, SKECHERS Latin America LLC will oversee the company’s business with regional showrooms in Panama, Peru, Colombia and Costa Rica. Additional regions under the new subsidiary include the Caribbean, Ecuador, Guatemala, El Salvador, Honduras and Nicaragua.

Skechers Opens New Store at Newbridge, Co Kildare

Skechers announced that, it has opened its 10th Irish store at the Whitewater shopping centre in Newbridge, Co Kildare.

Skechers USA Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Fiscal 2015

Skechers USA Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales were $800.46 million against $587.05 million a year ago. Earnings from operations were $112.34 million against $58.76 million a year ago. This 480 basis point improvement reflects improved margins and operating leverage as continue to aggressively grow in worldwide revenues. Earnings before income tax expense were $112.45 million against $50.44 million a year ago. Net earnings attributable to the company were $79.78 million against $34.8 million a year ago. Diluted earnings per share were $1.55 against $0.68 a year ago. Capital expenditures for the second quarter were approximately $18.4 million, of which $9.7 million was related to 12 new stores and several store remodels and $6.3 million for additional equipment upgrades at the domestic distribution center. For the six months, the company reported net sales were $1,568.46 million against $1,133.6 million a year ago. Earnings from operations were $200.53 million against $101.92 million a year ago. Earnings before income tax expense were $193.23 million against $94.93 million a year ago. Net earnings attributable to the company were $135.86 million against $65.77 million a year ago. Diluted earnings per share were $2.65 against $1.29 a year ago. Long-term debt at June 30, 2015, decreased to $1.6 million compared to $15.1 million at December 31, 2014. The decrease is primarily due to the reclassification of long-term debt to short-term debt on the distribution center equipment. The company currently anticipates effective tax rate for the remainder of 2015 to be between 21% and 25%. The company believes the increased inventory when compared to the prior-year period is appropriate based on strong backlog and forecasted revenues for the second half of 2015. It continues to expect capital expenditures for the remainder of 2015 to be approximately $50 million to $60 million, which includes 30 to 35 retail store openings, equipment upgrades at European and domestic distribution center and an additional real estate purchase.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SKX:US $141.98 USD -0.75

SKX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Burberry Group PLC 1,411 GBp +9.00
Coach Inc $29.96 USD -0.14
Gildan Activewear Inc C$40.55 CAD -0.05
HUGO BOSS AG €101.97 EUR -1.05
Wolverine World Wide Inc $26.83 USD -0.05
View Industry Companies
 

Industry Analysis

SKX

Industry Average

Valuation SKX Industry Range
Price/Earnings 34.8x
Price/Sales 2.6x
Price/Book 5.9x
Price/Cash Flow 35.4x
TEV/Sales 2.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SKECHERS USA INC-CL A, please visit www.skechers.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.