Skechers U.S.A., Inc. (NYSE:SKX)

Stock Price: $49.18

-0.04 (-0.08%)

Updated Feb 2, 2023 09:00 PM GMT+0000

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Overview

Financials

Statistics

Profile

Chart

Market Cap	6.60B
Revenue	7.21B
Gross Profit	3.41B
Shares Out	134.21M
EPS (ttm)	4.46
PE Ratio	9.4379
Forward PE	16.4249
Dividend Rate (ttm)	0.0000
Dividend Yield	0.0000

Trading Day	Feb 2
Last Price	$49.18
Previous Close	$49.22
Change ($)	-0.04
Change (%)	-0.08%
Day's Open	49.16
Day's Range	48.48 - 49.56
Day's Volume	2.29M
52 Week Range	31.28 - 49.89

About Skechers U.S.A., Inc.

Based in Manhattan Beach, California, Skechers designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Company's collections are available in the United States and over 170 countries and territories via department and specialty stores, and direct to consumers through 3,770 Company- and third-party-owned retail stores and e-commerce websites.

The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, Europe and Latin America.

News

Skechers stock could tank as much as 50% from here: short-seller warns July 19, 2022

Is Skechers still a safe option as analysts defend soft Q3 results? October 29, 2021

Quick info

Country

United States

Industry

Footwear Merchant Wholesalers

Sector

Wholesale Trade

Employees

11,700

CEO

Robert Greenberg

Address

228 Manhattan Beach Blvd
Manhattan Beach
California
90266-5347

Phone

13103183100

Website

www.skechers.com

Ticker Symbol

SKX

Exchange

New York Stock Exchange

Reporting Currency

USD

Skechers U.S.A., Inc. income statements (2022) (USD)

	August 2022	August 2022	May 2022	February 2022
Total Revenue	1.87B	1.87B	1.82B	6.29B
Cost of Revenue	0.97B	0.97B	1B	3.19B
Gross Profit	897.58M	897.58M	824.16M	3.10B
Research & Development	0	0	0	0
Selling General & Admin	743.42M	743.42M	648.26M	2.53B
Operating Expense	1.71B	1.71B	1.64B	5.71B
Operating Income	154.16M	154.16M	175.90M	573.03M
Other Income Expense Net	0	0	0	25.16M
EBIT	154.16M	154.16M	175.90M	598.19M
Interest Income	0	0	0	0
Pretax Income	134.90M	134.90M	170.16M	569.76M
Income Tax	28.74M	28.74M	33.99M	-245.88M
Minority Interest	15.76M	15.76M	14.94M	74.13M
Net Income	90.40M	90.40M	121.22M	741.50M
Net Income Basic	90.40M	90.40M	121.22M	741.50M

Skechers U.S.A., Inc. income statements (2021) (USD)

	November 2021	August 2021	May 2021	February 2021
Total Revenue	1.55B	1.66B	1.43B	4.60B
Cost of Revenue	781.51M	808.28M	748.80M	2.41B
Gross Profit	769.44M	849.49M	679.62M	2.19B
Research & Development	0	0	0	0
Selling General & Admin	630.72M	652.38M	527.99M	2.07B
Operating Expense	1.41B	1.46B	1.28B	4.48B
Operating Income	138.73M	197.11M	151.63M	117.67M
Other Income Expense Net	7.52M	4.10M	6.04M	16.02M
EBIT	146.25M	201.21M	157.67M	133.68M
Interest Income	2.54M	2.51M	3.32M	10.42M
Pretax Income	138.20M	203.37M	143.49M	154.73M
Income Tax	21.50M	41.54M	28.99M	8.50M
Minority Interest	13.56M	24.45M	15.94M	47.66M
Net Income	103.14M	137.37M	98.57M	98.56M
Net Income Basic	103.14M	137.37M	98.57M	98.56M

Skechers U.S.A., Inc. income statements (2020) (USD)

	November 2020	September 2020	June 2020	March 2020
Total Revenue	1.30B	1.30B	729.47M	1.24B
Cost of Revenue	675.77M	675.77M	360.91M	734.24M
Gross Profit	625.12M	625.12M	368.57M	508.11M
Research & Development	0	N.A	N.A	N.A
Selling General & Admin	536.21M	N.A	N.A	N.A
Operating Expense	1.21B	1.21B	793.04M	1.19B
Operating Income	88.91M	88.91M	-63.57M	47.36M
Other Income Expense Net	3.22M	8.18M	4.04M	1.23M
EBIT	92.13M	88.91M	-63.57M	47.36M
Interest Income	2.76M	4.64M	4.80M	2M
Pretax Income	97.09M	97.09M	-59.52M	48.59M
Income Tax	14.98M	14.98M	-4.31M	7.43M
Minority Interest	17.83M	17.83M	12.88M	-7.94M
Net Income	64.28M	64.28M	-68.1M	49.10M
Net Income Basic	64.28M	64.28M	-68.1M	49.10M

Skechers U.S.A., Inc. income statements (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Total Revenue	1.33B	1.35B	1.26B	1.28B
Cost of Revenue	723.77M	729.24M	673.74M	713.67M
Gross Profit	606.97M	624.76M	584.83M	563.09M
Research & Development	N.A	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A	N.A
Operating Expense	1.24B	1.21B	1.15B	1.12B
Operating Income	89.42M	141.13M	104.74M	160.66M
Other Income Expense Net	6.55M	3.37M	8.06M	2.08M
EBIT	89.42M	141.13M	104.74M	160.66M
Interest Income	2.32M	2.01M	1.91M	1.28M
Pretax Income	95.97M	144.50M	112.80M	162.74M
Income Tax	13.47M	22.77M	20.80M	31.72M
Minority Interest	22.97M	18.64M	16.82M	22.26M
Net Income	59.53M	103.09M	75.18M	108.76M
Net Income Basic	59.53M	103.09M	75.18M	108.76M

Skechers U.S.A., Inc. income statements (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Total Revenue	1.08B	1.18B	1.13B	1.25B
Cost of Revenue	593.54M	639.46M	601M	694.15M
Gross Profit	487.26M	536.94M	533.80M	555.93M
Research & Development	N.A	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A	N.A
Operating Expense	1B	1.06B	1.06B	1.11B
Operating Income	78.85M	119.05M	76.01M	143.28M
Other Income Expense Net	3.35M	3.82M	-1.07M	8.60M
EBIT	78.85M	119.05M	76.01M	143.28M
Interest Income	2.11M	1.20M	1.46M	1.08M
Pretax Income	82.20M	122.87M	74.94M	151.88M
Income Tax	15.09M	16.82M	14.08M	14.62M
Minority Interest	19.73M	15.32M	15.58M	19.61M
Net Income	47.38M	90.73M	45.28M	117.65M
Net Income Basic	47.38M	90.73M	45.28M	117.65M

Skechers U.S.A., Inc. income statements (2017) (USD)

	December 2017	September 2017	June 2017
Total Revenue	0.97B	1.09B	1.03B
Cost of Revenue	542.97M	599.32M	560.85M
Gross Profit	427.62M	495.51M	465.08M
Research & Development	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A
Operating Expense	0.92B	0.98B	0.94B
Operating Income	49.36M	113.58M	83.09M
Other Income Expense Net	5.49M	4.28M	4.42M
EBIT	49.36M	113.58M	83.09M
Interest Income	1.78M	1.56M	1.85M
Pretax Income	54.85M	117.86M	87.51M
Income Tax	106.61M	11.03M	14.11M
Minority Interest	14.89M	14.52M	13.87M
Net Income	-66.65M	92.31M	59.54M
Net Income Basic	-66.65M	92.31M	59.54M

Skechers U.S.A., Inc. balance sheet (2022) (USD)

	August 2022
Current Cash	751.90M
Receivables	0.97B
Inventory	1.56B
Current Assets	3.57B
Other Current Assets	282.34M
Short Term Investments	282.34M
Long Term Investments	3.11B
Property/Plant Equipment	1.23B
Good Will	N.A
Intangible Assets	0
Tangible Assets (Net)	3.32B
Other Assets	77.05M
Total Assets	6.68B
Accounts Payable	0.97B
Other Current Liabilities	481.87M
Total Current Liabilities	1.53B
Total Liabilities	3.26B
Long Term Debt	253.26M
Current Long Term Debt	73.41M
Minority Interest	301.84M
Common Stock	155.94M
Treasury Stock	0
Retained Earnings	3.09B
Capital Surplus	N.A
Shareholder Equity	3.42B
Other Liabilities	N.A

Skechers U.S.A., Inc. balance sheet (2020) (USD)

	November 2020	September 2020	June 2020	March 2020
Current Cash	1.29B	1.29B	1.35B	1.16B
Receivables	783.67M	708.95M	478.01M	796.20M
Inventory	1.05B	1.05B	1.03B	0.99B
Current Assets	3.39B	3.39B	3.14B	3.23B
Other Current Assets	254.37M	147.61M	105.14M	95.44M
Short Term Investments	254.37M	106.77M	105.68M	130.66M
Long Term Investments	2.33B	98.70M	98.24M	77.34M
Property/Plant Equipment	870.16M	1.98B	1.94B	1.86B
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	0	N.A	N.A	N.A
Tangible Assets (Net)	2.31B	2.31B	2.13B	2.16B
Other Assets	96.43M	96.43M	94.34M	89.71M
Total Assets	5.71B	5.71B	5.41B	5.40B
Accounts Payable	742.23M	742.23M	621.14M	624.68M
Other Current Liabilities	389.79M	193.03M	177.91M	198.29M
Total Current Liabilities	1.26B	1.26B	1.08B	1.04B
Total Liabilities	3.31B	3.07B	2.97B	2.81B
Long Term Debt	683.61M	1.69B	1.78B	1.65B
Current Long Term Debt	128.42M	106.70M	69.36M	16.93M
Minority Interest	238.71M	17.83M	12.88M	-7.94M
Common Stock	359.83M	N.A	N.A	153.68M
Treasury Stock	0	N.A	N.A	N.A
Retained Earnings	2.08B	N.A	N.A	2.09B
Capital Surplus	N.A	N.A	N.A	313.45M
Shareholder Equity	2.40B	2.40B	2.22B	2.35B
Other Liabilities	N.A	N.A	N.A	N.A

Skechers U.S.A., Inc. balance sheet (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Current Cash	824.88M	824M	779.28M	687.50M
Receivables	645.30M	662.36M	641.43M	736.56M
Inventory	1.07B	890.41M	855.63M	740.87M
Current Assets	2.82B	2.63B	2.49B	2.38B
Other Current Assets	113.58M	97.64M	67.17M	85.14M
Short Term Investments	112.04M	106.75M	104.27M	96.39M
Long Term Investments	94.59M	90.85M	89.49M	95.91M
Property/Plant Equipment	1.81B	1.69B	1.68B	1.58B
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	N.A	N.A	N.A	N.A
Tangible Assets (Net)	2.31B	2.17B	2.13B	2.06B
Other Assets	117.09M	108M	106.67M	36.89M
Total Assets	4.89B	4.57B	4.42B	4.13B
Accounts Payable	550.14M	661.43M	640.17M	456.31M
Other Current Liabilities	210.24M	189.52M	169.52M	175.49M
Total Current Liabilities	1.24B	1.11B	0.99B	819.17M
Total Liabilities	2.36B	2.22B	2.10B	1.89B
Long Term Debt	1.02B	1.02B	1B	0.97B
Current Long Term Debt	66.23M	66.65M	3.99M	1.58M
Minority Interest	22.97M	18.64M	16.82M	22.26M
Common Stock	153.48M	153.32M	153.29M	153.26M
Treasury Stock	N.A	N.A	N.A	N.A
Retained Earnings	2.04B	1.98B	1.88B	1.80B
Capital Surplus	306.67M	293.40M	282.82M	291.87M
Shareholder Equity	2.31B	2.17B	2.13B	2.06B
Other Liabilities	N.A	N.A	N.A	N.A

Skechers U.S.A., Inc. balance sheet (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Current Cash	872.24M	802.77M	844.85M	700.07M
Receivables	501.91M	503.95M	547.50M	692.57M
Inventory	863.26M	755.07M	822.42M	800.32M
Current Assets	2.47B	2.28B	2.36B	2.29B
Other Current Assets	79.02M	83.09M	77.29M	68.92M
Short Term Investments	100.03M	87.28M	42.90M	N.A
Long Term Investments	93.75M	91.09M	23.95M	N.A
Property/Plant Equipment	585.46M	565.40M	553.57M	552.54M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	N.A	N.A	N.A	N.A
Tangible Assets (Net)	2.03B	2.02B	1.97B	1.95B
Other Assets	37.48M	38.77M	40.04M	60.72M
Total Assets	3.23B	3B	3.01B	2.94B
Accounts Payable	499.05M	528.08M	577.78M	524.43M
Other Current Liabilities	161.78M	119.58M	128.78M	135.59M
Total Current Liabilities	850.22M	664.92M	719.56M	674.02M
Total Liabilities	1.04B	837.22M	892.20M	852.66M
Long Term Debt	88.12M	69.78M	70.18M	70.65M
Current Long Term Debt	1.67M	4.58M	1.81M	1.81M
Minority Interest	19.73M	15.32M	15.58M	19.61M
Common Stock	153.51M	154.97M	156.36M	156.58M
Treasury Stock	N.A	N.A	N.A	N.A
Retained Earnings	1.69B	1.64B	1.55B	1.51B
Capital Surplus	375.02M	410.47M	443.09M	450.38M
Shareholder Equity	2.03B	2.02B	1.97B	1.95B
Other Liabilities	N.A	N.A	N.A	N.A

Skechers U.S.A., Inc. balance sheet (2017) (USD)

	December 2017	September 2017	June 2017
Current Cash	736.43M	802.93M	751.58M
Receivables	405.92M	485.28M	494.68M
Inventory	873.02M	697.66M	669.74M
Current Assets	2.11B	2.07B	2B
Other Current Assets	62.57M	65.31M	54.12M
Short Term Investments	N.A	N.A	N.A
Long Term Investments	N.A	N.A	N.A
Property/Plant Equipment	541.60M	532.48M	527.44M
Good Will	N.A	N.A	N.A
Intangible Assets	N.A	N.A	N.A
Tangible Assets (Net)	1.83B	1.88B	1.78B
Other Assets	58.54M	55.68M	53.32M
Total Assets	2.74B	2.69B	2.61B
Accounts Payable	327.93M	501.33M	528.25M
Other Current Liabilities	82.20M	85.22M	101.52M
Total Current Liabilities	597.35M	598.98M	635.61M
Total Liabilities	786.87M	693.56M	726.03M
Long Term Debt	71.10M	71.39M	68.27M
Current Long Term Debt	1.80M	1.80M	1.79M
Minority Interest	14.89M	14.52M	13.87M
Common Stock	156.33M	155.84M	155.80M
Treasury Stock	N.A	N.A	N.A
Retained Earnings	1.39B	1.46B	1.36B
Capital Surplus	453.42M	443.79M	436.30M
Shareholder Equity	1.83B	1.88B	1.78B
Other Liabilities	N.A	N.A	N.A

Skechers U.S.A., Inc. cash flow (2022) (USD)

	August 2022
Net Income	90.40M
Depreciation	35.52M
Changes in Receivables	0.97B
Changes in Inventories	1.56B
Cash Change	751.90M
Cash Flow	289.47M
Capital Expenditures	-74.11M
Investments	N.A
Investing Activity (other)	N.A
Total Investing Cash Flows	-38.65M
Dividends Paid	N.A
Net Borrowings	-707.57M
Other Financing Cash Flows	N.A
Cash Flow Financing	-76.41M
Exchange Rate Effect	N.A

Skechers U.S.A., Inc. cash flow (2020) (USD)

	November 2020	September 2020	June 2020	March 2020
Net Income	64.28M	64.28M	-68.1M	49.10M
Depreciation	105.75M	N.A	N.A	39.56M
Changes in Receivables	237.56M	-230.94M	318.18M	-150.89M
Changes in Inventories	25.63M	N.A	N.A	77.54M
Cash Change	-57.9M	N.A	N.A	333.89M
Cash Flow	57M	N.A	N.A	-134.98M
Capital Expenditures	-213.22M	N.A	N.A	-74.89M
Investments	N.A	N.A	N.A	-1.37M
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	-212.05M	N.A	N.A	-76.26M
Dividends Paid	N.A	N.A	N.A	N.A
Net Borrowings	-736.56M	N.A	N.A	578.57M
Other Financing Cash Flows	N.A	N.A	N.A	-20.52M
Cash Flow Financing	637.41M	N.A	N.A	558.05M
Exchange Rate Effect	N.A	N.A	N.A	-12.92M

Skechers U.S.A., Inc. cash flow (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Net Income	59.53M	103.09M	75.18M	108.76M
Depreciation	30.78M	28.31M	25.01M	27.42M
Changes in Receivables	17.05M	-20.93M	95.13M	-234.65M
Changes in Inventories	-173.44M	-47.48M	-77.79M	126.81M
Cash Change	871K	44.72M	91.78M	-184.74M
Cash Flow	77.29M	104.53M	308.24M	-63.51M
Capital Expenditures	-61.45M	-48.93M	-87.59M	-38.14M
Investments	-9.03M	-3.84M	-1.47M	1.48M
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	-70.48M	-47.22M	-189.71M	-36.66M
Dividends Paid	N.A	N.A	N.A	N.A
Net Borrowings	4.22M	8.68M	3.71M	11.14M
Other Financing Cash Flows	-1.64M	-16.28M	-28.25M	-89.72M
Cash Flow Financing	5.58M	-7.6M	-36.37M	-93.59M
Exchange Rate Effect	-11.53M	-4.99M	9.62M	9.02M

Skechers U.S.A., Inc. cash flow (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Net Income	47.38M	90.73M	45.28M	117.65M
Depreciation	28.42M	26.93M	27.16M	27.18M
Changes in Receivables	2.04M	43.54M	145.07M	-286.65M
Changes in Inventories	-106.53M	58.42M	-39.03M	79.93M
Cash Change	69.47M	-42.08M	144.78M	-36.36M
Cash Flow	155.74M	157.19M	252.09M	3.54M
Capital Expenditures	-45.73M	-36.49M	-26.35M	-34.46M
Investments	-15.41M	-111.95M	-47.9M	-1.12M
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	-61.14M	-148.44M	-74.25M	-35.59M
Dividends Paid	N.A	N.A	N.A	N.A
Net Borrowings	10.05M	3.86M	-1.48M	3.73M
Other Financing Cash Flows	-11.13M	-11.22M	-5.69M	-13.16M
Cash Flow Financing	-40.62M	-47.38M	-19.29M	-12.42M
Exchange Rate Effect	15.48M	-3.44M	-13.77M	8.11M

Skechers U.S.A., Inc. cash flow (2017) (USD)

	December 2017	September 2017	June 2017
Net Income	-66.65M	92.31M	59.54M
Depreciation	26.46M	24.48M	23.24M
Changes in Receivables	79.36M	9.41M	56.92M
Changes in Inventories	-168.77M	-24.33M	-83.5M
Cash Change	-66.5M	51.35M	143.77M
Cash Flow	-16.17M	66.35M	193.56M
Capital Expenditures	-33.89M	-25.8M	-47.62M
Investments	-454K	-823K	-339K
Investing Activity (other)	N.A	N.A	N.A
Total Investing Cash Flows	-34.35M	-26.62M	-47.96M
Dividends Paid	N.A	N.A	N.A
Net Borrowings	-2.9M	9.96M	-2.58M
Other Financing Cash Flows	-16.61M	-2.59M	-5.86M
Cash Flow Financing	-17.04M	7.37M	-5.43M
Exchange Rate Effect	1.05M	4.25M	3.60M

Skechers U.S.A., Inc. dividends (USD)

Ex date	Payment date	Record date	Declared date	Amount	Description	Frequency
16-10-2015	15-10-2015	02-10-2015	N.A	N.A	Ordinary Shares - Class A	N.A