Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Skechers Beats Wall Street Estimates Despite 42% Sales Slide

Download the New Wave report on the efforts taken by major denim players to deliver sustainable solutions across the supply chain and ultimately improve the health of the planet.

Skechers’ second-quarter results are in—and they reveal a complicated three-month stretch. The footwear company saw net sales decline 42 percent to $729.5 million and net income drop 190.6 percent to a $68.1 million loss, while also seeing e-commerce sales on its own sites skyrocket 428.2 percent. The total sales outperformed expectations from Wall Street, with…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!