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, USMap
Websiteskechers.com
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Latest Updates

Employees (est.) (Jan 2019)5,400(+20%)
Revenue (FY, 2018)$4.6 B(+12%)
Share Price (Nov 2019)$40.2 (-1%)

Skechers Office Locations

Skechers has offices in Manhattan Beach, Austin, Birmingham, Boston and in 35 other locations
Manhattan Beach, US (HQ)
228 Manhattan Beach Blvd
Austin, US
Austin, TX, USA
Birmingham, US
Birmingham, AL, USA
Boston, US
Boston, MA, USA
Chicago, US
Chicago, IL, USA
Columbus, US
Columbus, OH, USA
Show all (39)

Skechers Financials and Metrics

Skechers Revenue

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Skechers's revenue was reported to be $4.64 b in FY, 2018
USD

Revenue (Q3, 2019)

1.4b

Gross profit (Q3, 2019)

653.1m

Gross profit margin (Q3, 2019), %

48.2%

Net income (Q3, 2019)

103.1m

EBIT (Q3, 2019)

147.4m

Market capitalization (29-Nov-2019)

6.3b

Closing stock price (29-Nov-2019)

40.2

Cash (30-Sept-2019)

824.0m

EV

5.5b
Skechers's current market capitalization is $6.3 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014Y, 2015FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

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

Revenue growth, %

29%32%13%17%

Cost of goods sold

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

Gross profit

623.7m683.3m818.8m1.1b1.4b1.4b1.6b1.9b2.2b
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, 2019

Revenue

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

Cost of goods sold

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

Gross profit

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

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%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

351.1m325.8m372.0m466.7m508.0m718.5m736.4m872.2m

Accounts Receivable

176.0m213.7m10.6m16.5m18.7m19.2m405.9m501.9m

Prepaid Expenses

27.8m79.0m

Inventories

226.4m339.0m358.2m453.8m620.2m700.5m873.0m863.3m
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, 2019

Cash

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

Accounts Receivable

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

Prepaid Expenses

31.5m34.1m26.6m24.1m65.3m83.1m85.1m67.2m97.6m

Inventories

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

Net Income

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

Depreciation and Amortization

33.7m41.5m96.5m109.7m

Inventories

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

Accounts Payable

(18.1m)10.0m17.6m98.7m130.1m38.2m(12.8m)174.4m
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, 2019

Net Income

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

Depreciation and Amortization

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

Inventories

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

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
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USDY, 2019

EV/EBIT

37.3 x

EV/CFO

15.7 x

Financial Leverage

2 x
Show all financial metrics

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 Online and Social Media Presence

Skechers's Trends

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Skechers News and Updates

November 25, 2019

Skechers And 4 Other Growth Stocks Trading At Reasonable Prices

Many investors belong to either the value investing camp or the value camp. Get the best of both worlds with these five GARP stocks.
October 22, 2019

Skechers stock falls after company misses profit views

Shares of Skechers USA Inc. fell 4% in the extended session Tuesday after the footwear maker reported third-quarter GAAP profit below Wall Street expectations and revenue that met the forecasts. Skechers said it earned $103 million, or 67 cents a share, in the quarter, compared with $91 million, or…
September 26, 2019

Skechers has cut plastic in footwear packaging by 85% in 3 years

Skechers USA Inc. said Thursday it has reduced the use of plastic in its footwear packaging by 85% since 2016. Plastic is now 10% of its foot forms, all of which is recyclable. The shoe maker said all of its packaging materials are printed with soy- or water-based ink. "As the third largest worldwi…
July 19, 2019

Skechers upgraded on growth potential in the second half, shares soar

Skechers USA Inc. stock soared 14% in Friday trading after blowout earnings were followed by a stock upgrade at Wedbush to outperform from neutral. Wedbush raised its price target to $46 from $31. "In our view, international wholesale and global direct-to-consumer can continue to outperform into th…
July 18, 2019

Stocks making the biggest moves after hours: Microsoft, Skechers, Chewy and more

See which stocks are posting big moves after the bell.
July 18, 2019

Skechers stock jumps after earnings beat

Skechers Inc. shares rallied in the extended session Thursday after the shoe retailer reported second-quarter earnings that topped Wall Street views.
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 Skechers Frequently Asked Questions

  • When was Skechers founded?

    Skechers was founded in 1992.

  • 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 $859.6 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.