Skechers Announces Record Fourth Quarter Sales of $1.33 Billion and Record Annual Sales of $5.22 Billion in 2019
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Skechers USA (SKX) Reports In-Line Q4 EPS, Revenues Beat; Offers Q1 EPS/Revenue Guidance Below Consensus
February 6, 2020 4:07 PM ESTSkechers USA (NYSE: SKX) reported Q4 EPS of $0.39, in-line with the analyst estimate of $0.39. Revenue for the quarter came in at $1.33 billion versus the consensus estimate of $1.25 billion.
Fourth Quarter Highlights
Record quarterly sales of $1.33 billion, an increase of 23.1 percentDiluted earnings per share of $0.39, an increase of 25.8 percentInternational sales increased 31.2 percent, or 32.3 percent on a constant currency basisDomestic sales increased 13.0 percent, including an increase of 10.4 percent in domestic wholesaleComparable same store sales increased 9.9 percent, including increases of 10.3 percent domestically and 8.8 percent internationallyInternational sales represented... More