Skechers announces record sales but pulls guidance

Skechers announces record sales but pulls guidance

The footwear giant saw both wholesale and DTC sales rise but cautioned that current trade policies have created macroeconomic uncertainty.

Skechers targets global growth with new store expansion and focus on comfort technologies (NYSE:SKX)

Discover Skechers' Q1 2025 record sales of $2.41B, driven by global demand and retail expansion.

Skechers (SKX) Q1 2025 Earnings Call @themotleyfool #stocks $SKX

Skechers Reports Record Q1 Sales But Withdrawals 2025 Guidance Due to ‘Macroeconomic Uncertainty’

As economic uncertainty spurred by Trump’s tariffs takes hold across the footwear industry, Skechers USA Inc. started off fiscal 2025 with record sales, but it’s retracting its yearly guidance. The Manhattan Beach, Calif.-based footwear company reported net sales in the first quarter of fiscal 2025 of $2.41 billion, a 7.1 percent increase from $2.25 billion the same time last year. But while sales were high, net earnings dipped in Q1 to $202.4 m…

Skechers: Q1 Earnings Snapshot

MANHATTAN BEACH, Calif. (AP) — MANHATTAN BEACH, Calif. (AP) — Skechers USA Inc. (SKX) on Thursday reported first-quarter earnings of $202.4 million.

Skechers Shares Take Hit After Withdrawing Guidance

Despite a positive first quarter, Skechers pulled full-year financial guidance due to “macroeconomic uncertainty from global trade policies.”