SKX Stock Recent News

While the top- and bottom-line numbers for Skechers (SKX) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Skechers (SKX) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $1.33 per share a year ago.

Skechers on Thursday withdrew its annual results forecast as the Trump administration's erratic trade policies fuel economic uncertainty, sending the footwear maker's shares down 7% in extended trading.

Shares of Skechers USA Inc. fell after hours on Thursday after the comfort-footwear maker reported first-quarter sales that missed Wall Street's estimates and withdrew its outlook for this year, as the U.S.'s global trade war upends plans for corporate America.

LOS ANGELES--(BUSINESS WIRE)--Skechers U.S.A., Inc. (“Skechers” or the “Company”) (NYSE:SKX), The Comfort Technology Company® and a global footwear leader, today announced financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights Record sales of $2.41 billion, a year-over-year increase of 7.1%; sales of $2.46 billion on a constant currency basis, a year-over-year increase of 9.0% Wholesale sales grew 7.8% Direct-to-Consumer sales grew 6.0% Diluted earnings per.

SKX is trading at a forward P/E of 10.76, a significant discount to historical valuations and competitors, making it a compelling buy, especially after recent market corrections. SKX's focus on value and comfort products positions it well to weather economic downturns, with potential to gain market share from premium brands like Nike and Adidas. International Expansion and a good balance of DTC and Wholesale - two important growth levers.

Skechers' focus on product innovation, strategic partnerships and DTC expansion is likely to favorably impact its first-quarter results.

Among the bunch scheduled to report this week are several consumer-facing companies, including Chipotle Mexican Grill, American Airlines, and Skechers. Guidance will be key.

Beyond analysts' top -and-bottom-line estimates for Skechers (SKX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.

Skechers (SKX) concluded the recent trading session at $47.63, signifying a +1.97% move from its prior day's close.