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Skechers Announces Record Second Quarter 2021 Sales of $1.66 Billion and Diluted Earnings Per Share Of $0.88

Skechers U.S.A., Inc. (SKX) 
Last skechers u.s.a., inc. earnings: 4/23 04:05 pm Check Earnings Report
US:NYSE Investor Relations: skx.com/investor
Company Research Source: Business Wire
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 second quarter ended June 30, 2021.Second Quarter HighlightsRecord quarterly sales of $1.66 billion, an increase of 127.3% year-over-year, and 31.7% over the second quarter of 2019Domestic Wholesale sales grew 205.7%Direct-to-Consumer sales grew 137.8%Record quarterly diluted earnings per share of $0.88Fully repaid $452.5 million revolving credit facility“Skechers second quarter financial results exceeded expectations as we achieved record quarterly sales of over $1.6 billion, a 127.3% increase over the same period in 2020, and 31.7% increase over 2019,” stated David Weinberg, Chief Operating Officer of Skechers. “This growth, along with both record gross margin of 51.2% and record quarterly diluted earnings per share of $0.88, was the result of triple-digit improvements in both our dom Show less Read more
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