Skechers U.S.A., Inc.

Last price update: 07 Oct 24 23:00 GMT

Price:
$66.20
Open:
$68.20
Previous close:
$68.54
Day's range:
$65.66 - $68.61
Year's range:
$45.58 - $75.09
Net Income per Share:
3.73
Price-to-Earnings ratio:
17.75
52-week Price Range:
$65.57
Volume:
$1,205,611.00
Average volume:
$2,052,495.00

Company profile for Skechers U.S.A., Inc.

Skechers U.S.A., Inc. logo

Skechers U.S.A., Inc. is an American footwear company that designs, develops, markets, and distributes shoes and apparel for men, women, and children in both performance and casual styles. They manufacture their goods in factories around the world and distribute them through retail outlets, department stores, online retailers, and their own chain of concept stores. Skechers has become a leading brand in the lifestyle and performance footwear markets, offering casual, casual athletic, sport athletic, trail, sandals, boots, and retro fashion footwear for men and women under their Skechers USA, Skechers Sport, Skechers Active, Modern Comfort, Skechers Street, Mark Nason, and BOBS brands, as well as technical footwear under their Skechers GOrun, Skechers GOwalk, Skechers GOtrain, Skechers GOtrail, and Skechers GO Golf brands. In addition to shoes, they also offer girls and boys sneakers, casuals, boots, and sandals under their Skechers Mega-Craft, S-Lights, SKECH-AIR, Foamies, Twinkle Toes, Z-Strap, Skechers Stretch Fit, and Skechers Street brands, as well as men’s and women’s slip-resistant and safety-toe casuals, boots, hikers, and athletic shoes. Skechers also produces lifestyle apparel for men, women, and kids.

Skechers was founded in 1992 and is headquartered in Manhattan Beach, California. It is one of the fastest-growing footwear companies in the United States and has grown to operate 4,306 company and third-party owned Skechers stores around the world. In 2021, Skechers reported total sales of $4.69 billion, up 16.7 percent from the $4.03 billion reported in 2020. The company’s direct-to-consumer segment had the highest growth, with a 32.7 percent increase in sales to $2.47 billion. The international wholesale segment was the next highest growing, with a 6.4 percent increase in sales to $1.38 billion. Skechers’ domestic wholesale segment reported a 1.3 percent decrease in sales to $836 million due to the impact of the Covid-19 pandemic. In 2021, Skechers became the first lifestyle brand to receive the American Podiatric Medical Association Seal of Acceptance, showcasing its commitment to manufacturing footwear designed with foot and orthopedic health in mind. The company also recently launched its first-ever sustainable apparel line and is actively working to reduce its environmental impact.

Stock exchanges:
NYSE
Sector:
Consumer Cyclical
Industries:
Ticker:
SKX
CIK:
1065837
ISIN:
US8305661055
Website:
https://www.skechers.com
Phone:
310 318 3100
Origin:
United States
Employees:
6,200