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Article Date: February 2024
Word Count: 594

Skechers Gains despite More Wholesale Woes


Net income improved 15% to $87,182,000 in the fourth quarter from $75,515,000 on sales that were up 4% to $1,960,940,000 over $1,878,785,000, led by a 7% boost to the international top line at $1,248.0 million while U.S. sales inched up 0.3% to $712.9 million. Looking at total sales per region, Americas were up 3% to $955.4 million and APAC increased 15% to $622.0 million, while EMEA declined 7% to $383.5 million.

 

Wholesale sales were off 8% at $962.6 million, pulled down by a 10% drop in the U.S. to $327.5 million on ... Log in to view full article.

 


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