Skechers U.S.A., Inc. (SKX) Financials

NYSE:SKX

Market Cap

7.40B

Total Revenue

7.44B

Gross Profit

3.52B

Operating Income

392.95M

Net Income

373.03M

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	1,846,361,000	2,377,561,000	3,147,323,000	3,563,311,000	4,164,160,000	4,642,068,000	5,220,051,000	4,597,414,000	6,285,029,000	7,444,550,000
costOfRevenue	1,027,569,000	1,305,656,000	1,723,315,000	1,928,715,000	2,225,271,000	2,418,463,000	2,728,894,000	2,407,633,000	3,185,817,000	3,929,193,000
grossProfit	818,792,000	1,071,905,000	1,424,008,000	1,634,596,000	1,938,889,000	2,223,605,000	2,491,157,000	2,189,781,000	3,099,212,000	3,515,357,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--	--	--	--
sellingAndMarketingExpenses	153,491,000	181,018,000	235,586,000	257,129,000	327,201,000	350,435,000	369,901,000	318,097,000	459,599,000	583,626,000
generalAndAdministrativeExpenses	577,214,000	690,923,000	849,343,000	1,020,834,000	1,245,474,000	1,455,987,000	1,625,306,000	1,754,017,000	2,066,585,000	2,385,061,000
sellingGeneralAndAdministrativeExpenses	730,705,000	871,941,000	1,084,929,000	1,277,963,000	1,572,675,000	1,806,422,000	1,995,207,000	2,072,114,000	2,526,184,000	2,968,687,000
operatingExpenses	722,971,000	862,835,000	1,073,184,000	1,264,078,000	1,556,009,000	1,785,840,000	1,972,714,000	2,056,097,000	2,501,025,000	2,968,687,000
operatingIncome	93,609,000	209,070,000	350,824,000	370,518,000	382,880,000	437,765,000	411,999,000	28,246,000	458,610,000	392,954,000
totalOtherIncomeExpensesNet	-2,557,000	-6,062,000	-7,321,000	-5,950,000	5,637,000	-10,162,000	104,006,000	126,483,000	111,147,000	129,303,000
ebitda	95,029,000	203,008,000	343,503,000	364,568,000	388,517,000	427,603,000	523,514,000	171,056,000	598,187,000	546,670,000
depreciationAndAmortization	43,309,000	48,304,000	52,960,000	66,083,000	82,764,000	98,966,000	111,515,000	142,810,000	139,577,000	153,716,000
interestIncome	841,000	837,000	722,000	1,186,000	2,420,000	10,128,000	11,782,000	5,912,000	--	--
interestExpense	11,049,000	11,629,000	10,006,000	5,084,000	4,257,000	-4,281,000	7,509,000	16,327,000	--	-73,169,000
incomeBeforeTax	82,215,000	191,379,000	333,497,000	359,484,000	384,260,000	431,884,000	516,005,000	154,729,000	569,757,000	522,257,000
incomeTaxExpense	21,347,000	39,184,000	72,450,000	74,125,000	149,156,000	60,611,000	88,753,000	8,502,000	-245,875,000	93,095,000
netIncome	54,788,000	138,810,000	231,912,000	243,493,000	179,190,000	301,041,000	346,560,000	146,227,000	741,503,000	373,028,000
eps	0.36	0.91	1.52	1.58	1.15	1.93	2.26	0.95	4.77	2.4
epsdiluted	0.36	0.91	1.5	1.57	1.14	1.92	2.25	0.94	4.73	2.38
weightedAverageShsOut	151,089,000	151,839,000	152,847,000	154,169,000	155,651,000	155,815,000	153,392,000	154,184,000	155,539,000	155,627,000
weightedAverageShsOutDil	151,689,000	153,078,000	154,200,000	155,084,000	156,523,000	156,450,000	154,151,000	154,894,000	156,794,000	156,608,000
costAndExpenses	1,750,540,000	2,168,491,000	2,796,499,000	3,192,793,000	3,781,280,000	4,204,303,000	4,701,608,000	4,463,730,000	5,686,842,000	6,897,880,000
otherExpenses	-792,000	-6,062,000	-7,321,000	-5,950,000	5,637,000	-10,162,000	-22,493,000	-16,017,000	-25,159,000	-24,413,000

Key Facts

Industry

Footwear & Accessories

Sector

Consumer Cyclical

Headquarters

Manhattan Beach, CA, US

Website

skechers.com

CEO

Mr. Robert Y. Greenberg

Employees

7800

About the Company

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women worldwide. The company operates through three segments: Domestic Wholesale, International Wholesale, and Direct-to-Consumer. It offers casual, casual athletic, sport athletic, trail, sandals, boots, and retro fashion footwear for men and women under the Skechers USA, Skechers Sport, Skechers Active, Modern Comfort, Skechers Street, Mark Nason, and BOBS brands; sneakers, casuals, boots, and sandals for boys and girls under the Skechers Mega-Craft, S-Lights, SKECH-AIR, Foamies, Twinkle Toes, Z-Strap, Skechers Stretch Fit, and Skechers Street brands; and technical footwear under the Skechers GOrun, Skechers GOwalk, Skechers GOtrain, Skechers GOtrail, and Skechers GO Golf brands. The company also provides men's and women's slip-resistant and safety-toe casuals, boots, hikers, and athletic shoes; and lifestyle apparel for men, women, and kids. As of December 31, 2021, it operated 4,306 company and third party owned Skechers stores. The company sells its products through department and specialty stores, athletic and independent retailers, boutiques, and online retailers; and through its e-commerce sites, concept stores, and factory and warehouse outlet stores. It also licenses its Skechers brand. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California.