Skechers

OverviewSuggest Edit

Skechers designs, develops and markets styles for men, women and children. The Company offers two distinct footwear categories: a lifestyle division and performance footwear. Skechers sells its footwear in department, specialty and independent stores.

TypePublic
Founded1992
HQManhattan Beach, CA, USMap
Websiteskechers.com
Overall CultureC-More
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Employees (est.) (Jan 2019)5,400(+20%)
Revenue (FY, 2020)$4.6 B(-11%)
Share Price (Mar 2021)$37
Cybersecurity ratingBMore

Key People/Management at Skechers

Robert Greenberg

Robert Greenberg

Chairman of the Board and Chief Executive Officer
Michael Greenberg

Michael Greenberg

President and Director
David Weinberg

David Weinberg

Executive Vice President, Chief Operating Officer and Director
Jeffrey Greenberg

Jeffrey Greenberg

Senior Vice President of Active Electronic Media and Director
Katherine Blair

Katherine Blair

Director
Morton Erlich

Morton Erlich

Director
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Skechers Office Locations

Skechers has offices in Manhattan Beach, Austin, Birmingham, Boston and in 35 other locations
Manhattan Beach, CA, US (HQ)
228 Manhattan Beach Blvd
Austin, TX, US
Austin, TX, USA
Birmingham, AL, US
Birmingham, AL, USA
Boston, MA, US
Boston, MA, USA
Chicago, IL, US
Chicago, IL, USA
Columbus, OH, US
Columbus, OH, USA
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Skechers Financials and Metrics

Skechers Revenue

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Skechers's revenue was reported to be $4.60 b in FY, 2020
USD

Revenue (FY, 2020)

4.6b

Gross profit (FY, 2020)

2.2b

Gross profit margin (FY, 2020), %

47.6%

Net income (FY, 2020)

146.2m

EBIT (FY, 2020)

133.7m

Market capitalization (5-Mar-2021)

5.8b

Closing stock price (5-Mar-2021)

37.0

Cash (31-Dec-2020)

1.4b

EV

6.5b
Skechers's current market capitalization is $5.8 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014Y, 2015FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.6b1.6b1.8b2.4b3.1b3.1b3.6b4.2b4.6b5.2b4.6b

Revenue growth, %

29%32%13%17%

Cost of goods sold

982.3m877.0m1.0b1.3b1.7b1.7b1.9b2.2b2.4b2.7b2.4b

Gross profit

623.7m683.3m818.8m1.1b1.4b1.4b1.6b1.9b2.2b2.5b2.2b
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

476.2m434.4m412.2m351.3m384.0m429.4m451.6m428.2m515.8m546.5m587.1m674.3m768.0m800.5m856.2m978.8m877.8m942.4m1.1b1.0b1.1b1.3b2.4b1.2b1.3b1.3b1.4b1.2b729.5m1.3b

Cost of goods sold

283.6m291.0m237.0m195.6m212.7m241.6m258.9m233.4m285.2m306.1m317.7m369.8m435.5m425.9m469.2m546.6m461.6m512.4m596.3m537.6m574.8m667.0m1.2b612.5m686.2m648.7m700.9m694.7m360.9m675.8m

Gross profit

192.6m143.3m175.2m155.7m171.3m187.8m192.7m194.9m230.5m240.4m269.4m304.5m332.5m374.6m387.0m432.2m416.3m430.0m476.5m488.3m520.0m583.1m1.1b563.9m590.5m609.8m653.1m547.7m368.6m625.1m

Gross profit Margin, %

40%33%43%44%45%44%43%46%45%44%46%45%43%47%45%44%47%46%44%48%47%47%48%48%46%48%48%44%51%48%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

351.1m325.8m372.0m466.7m508.0m718.5m736.4m872.2m824.9m1.4b

Accounts Receivable

176.0m213.7m10.6m16.5m18.7m19.2m405.9m501.9m645.3m619.8m

Prepaid Expenses

27.8m79.0m113.6m167.0m

Inventories

226.4m339.0m358.2m453.8m620.2m700.5m873.0m863.3m1.1b1.0b
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

197.9m250.8m248.0m391.6m374.2m307.9m264.7m333.0m332.8m329.4m414.8m440.8m396.7m513.9m510.7m443.8m628.8m665.3m607.8m751.6m802.9m700.1m844.8m802.8m687.5m779.3m824.0m1.2b1.4b1.3b

Accounts Receivable

320.2m276.0m245.0m228.9m237.7m241.2m283.4m252.1m7.0m9.6m10.7m12.9m13.4m15.3m15.6m21.6m20.5m19.2m20.5m24.9m485.3m504.0m736.6m641.4m662.4m796.2m478.0m708.9m

Prepaid Expenses

31.5m34.1m26.6m24.1m65.3m83.1m85.1m67.2m97.6m95.4m105.1m147.6m

Inventories

376.2m325.8m238.4m214.6m258.1m302.1m253.7m285.5m309.9m312.2m360.5m363.0m392.2m470.6m500.2m501.9m590.7m523.3m585.8m669.7m697.7m800.3m822.4m755.1m740.9m855.6m890.4m985.7m1.0b1.1b
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(67.5m)9.5m60.9m152.2m261.0m285.4m235.1m371.3m427.3m146.2m

Depreciation and Amortization

33.7m41.5m96.5m109.7m111.5m142.8m

Inventories

160.2m(111.8m)(23.0m)(100.0m)(180.0m)(58.2m)(158.6m)(7.2m)(171.9m)78.6m

Accounts Payable

(18.1m)10.0m17.6m98.7m130.1m38.2m(12.8m)174.4m154.5m(37.7m)
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

11.8m(18.1m)(9.8m)(3.7m)(5.4m)5.6m6.7m13.8m28.3m33.0m38.2m55.1m61.7m87.1m73.8m109.6m84.0m76.5m106.6m180.0m286.9m137.3m198.1m304.2m131.0m223.0m344.8m41.2m(14.1m)68.1m

Depreciation and Amortization

7.4m15.1m22.9m9.8m20.8m30.9m10.4m20.5m45.6m70.1m81.3m27.4m52.4m80.7m39.6m71.8m105.8m

Inventories

22.6m73.9m158.6m13.1m(31.4m)(74.4m)84.9m51.4m360.5m363.0m392.2m470.6m500.2m501.9m590.7m523.3m585.8m34.5m10.1m79.9m40.9m99.3m126.8m49.0m1.5m77.5m33.6m23.6m

Accounts Payable

3.0m1.9m(98.1m)19.3m54.3m12.0m(80.6m)(18.7m)314.2m311.7m321.0m430.4m407.6m405.3m534.2m383.5m423.9m6.1m(25.1m)11.1m88.4m48.3m(136.0m)12.1m48.3m(141.8m)(129.5m)(22.9m)
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USDQ1, 2011

Financial Leverage

1.4 x
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Skechers Revenue Breakdown

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Skechers revenue breakdown by business segment: 30.0% from Domestic Wholesale, 28.5% from Relail and 41.5% from International Wholesale

Skechers revenue breakdown by geographic segment: 49.4% from United States, 46.8% from Other International and 3.9% from Other

Skechers Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

Learn more about our premium products
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Skechers Online and Social Media Presence

Skechers's Trends

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Skechers Company Culture

  • Overall Culture

    C-

    62/100

  • CEO Rating

    D-

    56/100

  • Compensation

    C+

    65/100

  • Diversity

    C+

    65/100

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Skechers News and Updates

February 04, 2021

: Skechers stock falls following earnings miss

Skechers U.S.A. Inc. SKX shares declined in the extended session Thursday after the footwear company’s earnings fell short of Wall Street expectations. Skechers shares fell 6% after hours, following a 3.9% rise in the regular session to close at $37.18. The company reported fourth-quarter net income…
November 03, 2020

Here are Tuesday's biggest analyst calls of the day: Constellation Brands, Alphabet, Skechers & more

Here are the biggest calls on Wall Street on
October 29, 2020

Skechers stock drops even as profit and revenue fall less than forecast

Shares of Skechers USA Inc. dropped 5.5% in after-hours trading Thursday, even as the shoe seller reported a third-quarter profit and revenue that fell less than expected, as direct-to-consumer same-stores sales dropped 22%. Net income fell to $64.3 million, or 41 cents a share, from $103.1 million…
August 27, 2020

Nike Vs Skechers, There Is No Match

Nike’s stock has gained 13% since early February after the WHO declared the Coronavirus a global health emergency, while Skechers’ stock has lost around 22% of its value over the same time period. The lockdown in various parts of the world has hurt the apparel industry worldwide...
July 23, 2020

Stocks making the biggest moves after hours: Intel, Disney, Skechers and more

See which stocks are posting big moves after the bell.
July 23, 2020

Skechers stock rallies on better-than-expected Q2 sales, narrower loss

Shares of Skechers USA Inc. rallied more than 8% in the extended session Thursday after the footwear maker reported a narrower-than-expected adjusted second-quarter loss and sales were above expectations. The company said it lost $68.1 million, or 44 cents a share, in the quarter, versus a profit o…
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 Skechers Frequently Asked Questions

  • When was Skechers founded?

    Skechers was founded in 1992.

  • Who are Skechers key executives?

    Skechers's key executives are Robert Greenberg, Michael Greenberg and David Weinberg.

  • How many employees does Skechers have?

    Skechers has 5,400 employees.

  • What is Skechers revenue?

    Latest Skechers annual revenue is $4.6 b.

  • What is Skechers revenue per employee?

    Latest Skechers revenue per employee is $851.4 k.

  • Who are Skechers competitors?

    Competitors of Skechers include Reebok, Adidas and Nike.

  • Where is Skechers headquarters?

    Skechers headquarters is located at 228 Manhattan Beach Blvd, Manhattan Beach.

  • Where are Skechers offices?

    Skechers has offices in Manhattan Beach, Austin, Birmingham, Boston and in 35 other locations.

  • How many offices does Skechers have?

    Skechers has 39 offices.