Skechers U.S.A Past Earnings Performance

Past criteria checks 5/6

Skechers U.S.A has been growing earnings at an average annual rate of 19.2%, while the Luxury industry saw earnings growing at 11.2% annually. Revenues have been growing at an average rate of 13.1% per year. Skechers U.S.A's return on equity is 15.4%, and it has net margins of 7.2%.

Key information

19.2%

Earnings growth rate

19.1%

EPS growth rate

Luxury Industry Growth	7.7%
Revenue growth rate	13.1%
Return on equity	15.4%
Net Margin	7.2%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Skechers U.S.A makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:SKAA Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	8,250	592	3,494
31 Dec 23	8,000	546	3,366
30 Sep 23	7,918	534	3,278
30 Jun 23	7,772	475	3,173
31 Mar 23	7,627	412	3,075
31 Dec 22	7,445	373	2,969
30 Sep 22	7,221	700	2,861
30 Jun 22	6,901	717	2,737
31 Mar 22	6,695	764	2,646
31 Dec 21	6,310	742	2,526
30 Sep 21	5,984	392	2,407
30 Jun 21	5,730	354	2,312
31 Mar 21	4,800	148	2,092
31 Dec 20	4,613	99	2,072
30 Sep 20	4,619	105	2,025
30 Jun 20	4,675	144	2,001
31 Mar 20	5,208	287	2,073
31 Dec 19	5,243	347	1,995
30 Sep 19	4,993	334	1,884
30 Jun 19	4,814	322	1,817
31 Mar 19	4,689	292	1,796
31 Dec 18	4,663	301	1,806
30 Sep 18	4,554	187	1,774
30 Jun 18	4,470	189	1,736
31 Mar 18	4,359	203	1,656
31 Dec 17	4,181	179	1,573
30 Sep 17	3,973	253	1,501
30 Jun 17	3,821	225	1,424
31 Mar 17	3,673	240	1,338
31 Dec 16	3,577	243	1,278
30 Sep 16	3,535	266	1,224
30 Jun 16	3,448	268	1,188
31 Mar 16	3,371	273	1,135
31 Dec 15	3,159	232	1,085
30 Sep 15	3,004	224	1,033
30 Jun 15	2,822	209	971
31 Mar 15	2,607	164	923
31 Dec 14	2,387	139	872
30 Sep 14	2,268	131	832
30 Jun 14	2,109	107	787
31 Mar 14	1,950	79	749
31 Dec 13	1,854	55	733
30 Sep 13	1,799	45	709
30 Jun 13	1,712	29	690

Quality Earnings: SKAA has high quality earnings.

Growing Profit Margin: SKAA's current net profit margins (7.2%) are higher than last year (5.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SKAA's earnings have grown by 19.2% per year over the past 5 years.

Accelerating Growth: SKAA's earnings growth over the past year (43.6%) exceeds its 5-year average (19.2% per year).

Earnings vs Industry: SKAA earnings growth over the past year (43.6%) exceeded the Luxury industry -13.7%.

Skechers U.S.A Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

First quarter 2024 earnings released: EPS: US$1.35 (vs US$1.03 in 1Q 2023)

Skechers U.S.A., Inc. to Report Q1, 2024 Results on Apr 25, 2024

Full year 2023 earnings released: EPS: US$3.53 (vs US$2.40 in FY 2022)

Full year 2023 earnings released: EPS: US$3.53 (vs US$2.40 in FY 2022)

Skechers U.S.A., Inc. to Report Q4, 2023 Results on Feb 01, 2024

Third quarter 2023 earnings released: EPS: US$0.94 (vs US$0.55 in 3Q 2022)

Recent updates

Skechers U.S.A., Inc. Provides Sales Guidance for the Second Quarter and Full Year of 2024

First quarter 2024 earnings released: EPS: US$1.35 (vs US$1.03 in 1Q 2023)

Skechers U.S.A., Inc., Annual General Meeting, May 23, 2024

Skechers U.S.A., Inc., Annual General Meeting, May 23, 2024

Skechers U.S.A., Inc. to Report Q1, 2024 Results on Apr 25, 2024

Co-Founder recently sold €10.0m worth of stock

Full year 2023 earnings released: EPS: US$3.53 (vs US$2.40 in FY 2022)

Co-Founder recently sold €5.3m worth of stock

Full year 2023 earnings released: EPS: US$3.53 (vs US$2.40 in FY 2022)

Co-Founder recently sold €715k worth of stock

Skechers U.S.A., Inc. to Report Q4, 2023 Results on Feb 01, 2024

Co-Founder recently sold €5.6m worth of stock

Skechers Responds to Nike Patent Lawsuit

Skechers U.S.A., Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2023

Third quarter 2023 earnings released: EPS: US$0.94 (vs US$0.55 in 3Q 2022)

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Skechers U.S.A., Inc. to Report Q3, 2023 Results on Oct 26, 2023

Now 21% undervalued after recent price drop

Skechers Sues Laforst for Patent Infringement of Its Proprietary Skechers Hands Free Slip-Ins Designs

Now 22% undervalued after recent price drop

Skechers U.S.A., Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2023

Second quarter 2023 earnings released: EPS: US$0.99 (vs US$0.58 in 2Q 2022)

Skechers U.S.A., Inc. to Report Q2, 2023 Results on Jul 27, 2023

Lead Independent Director recently sold €971k worth of stock

First quarter 2023 earnings released: EPS: US$1.03 (vs US$0.78 in 1Q 2022)

Co-Founder recently sold €671k worth of stock

Full year 2022 earnings released: EPS: US$2.40 (vs US$4.77 in FY 2021)

Skechers U.S.A., Inc. Provides Earnings Guidance for the First Quarter of 2023 and Fiscal Year 2023

Skechers U.S.A., Inc. to Report Q4, 2022 Results on Feb 02, 2023

Co-Founder recently sold €421k worth of stock

Independent Director recently sold €53k worth of stock

Third quarter 2022 earnings released: EPS: US$0.55 (vs US$0.66 in 3Q 2021)

Skechers U.S.A., Inc. Provides Earnings Guidance Fourth Quarter of 2022

Skechers U.S.A., Inc. to Report Q3, 2022 Results on Oct 25, 2022

Skechers Announces Executive Changes

Insider recently sold €608k worth of stock

Skechers U.S.A., Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2022

Second quarter 2022 earnings released: EPS: US$0.58 (vs US$0.88 in 2Q 2021)

Skechers U.S.A., Inc. to Report Q2, 2022 Results on Jul 26, 2022

Independent Director recently sold €74k worth of stock

First quarter 2022 earnings released: EPS: US$0.78 (vs US$0.64 in 1Q 2021)

Skechers U.S.A., Inc. Provides Earnings Guidance for the Second Quarter and Fiscal Year 2022

Skechers U.S.A., Inc., Annual General Meeting, May 26, 2022

Skechers USA, Inc. Appoints Yolanda Macias to Board of Directors

Investor sentiment deteriorated over the past week

Co-Founder recently sold €3.3m worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Skechers U.S.A., Inc. (NYSE:SKX) announces an Equity Buyback for $500 million worth of its shares.

Less than half of directors are independent

Third quarter 2021 earnings released: EPS US$0.66 (vs US$0.42 in 3Q 2020)

Board Member recently sold €1.9m worth of stock

Independent Director recently sold €137k worth of stock

Skechers U.S.A., Inc. Provided Earnings Guidance for the Third Quarter and Fiscal Year 2021

Second quarter 2021 earnings released: EPS US$0.89 (vs US$0.44 loss in 2Q 2020)

Board Member recently sold €2.2m worth of stock

Board Member recently sold €195k worth of stock

Board Member recently sold €195k worth of stock

Independent Director recently sold €239k worth of stock

First quarter 2021 earnings released: EPS US$0.64 (vs US$0.32 in 1Q 2020)

Lead Independent Director recently sold €405k worth of stock

Skechers U.S.A., Inc. Provides Earnings Guidance for the Second Quarter and Fiscal Year 2021

Skechers U.S.A., Inc. Not Providing Earnings Guidance Due to COVID-19

Skechers U.S.A., Inc. and Artist James Goldcrown Collaborate on New Collection

Skechers U.S.A., Inc. to Report Q4, 2020 Results on Feb 04, 2021

Third quarter earnings released

Third-quarter earnings released: Revenue beats expectations

Skechers U.S.A., Inc. to Report Q3, 2020 Results on Oct 29, 2020

New 90-day high: €27.95

Revenue & Expenses Breakdown
Beta