Preview - Please log in to view full article.

Article Date: February 2023
Word Count: 699

Skechers Tallies Record Sales in 2022


Net income fell back 81% to $75,515,000 in the final quarter from $402,422,000, lapping a $337.9 million tax benefit last year, on revenue that increased 14% (+19% CC) to $1,878,785,000 from $1,655,385,000. U.S. sales were up 22%, helping push the Americas total up 23% to $925.6 million, and International improved 9%, with EMEA gaining 29% to $413.7 million. This offset an APAC loss of 7% to $539.5 million, pulled down by a 23% drop in China, which posted $308.0 million in sales. Excluding China, APAC went +7%, with double-digit gains across ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.