Skechers U.S.A., Inc. designs, develops, and markets footwear, apparel, and accessories worldwide. The company operates in two segments, Wholesale and Direct-to-Consumer. It offers footwear under the Skechers Hands Free Slip-ins, Skechers Arch Fit, and Skechers Air-Cooled Memory Foam brands; and slip-resistant and safety-toe shoes and boots for protective footwear in their work environments for men, women, and kids. The company sells its products through Skechers-branded stores operated by third-party franchisees and licensees, family shoe stores, specialty athletic and sporting goods retailers, department stores and big box club stores, and distributors, as well as company-owned Skechers-branded stores and e-commerce sites, third-party marketplaces, and digital platforms. It licenses various Skechers-branded products, including apparel and accessories. The company distributes footwear through a network of distributors and licensees, who sell its products to department, athletic and specialty, and digital stores, as well as in Skechers-branded retail stores. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California.
Global Footwear Giant | Skechers, the world's third-largest footwear brand, navigates market challenges while maintaining strong organic growth and strategic positioning |
Financial Resilience | Despite currency headwinds, Skechers demonstrates financial strength with a 53.15% gross margin and 12.11% revenue growth over the last twelve months |
Market Strategy Unveiled | Explore Skechers' volume-driven sales approach and pricing strategy aimed at capturing additional market share in a competitive landscape |
Future Outlook | Analyst projections for Skechers' 2025 EPS range from $4.30 to $4.50, with an average price target of $75, reflecting ongoing challenges and growth potential |
Metrics to compare | SKX | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipSKXPeersSector | |
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P/E Ratio | 14.2x | 12.0x | 11.3x | |
PEG Ratio | 0.82 | 0.04 | 0.02 | |
Price/Book | 2.0x | 1.9x | 1.4x | |
Price / LTM Sales | 1.0x | 1.3x | 1.0x | |
Upside (Analyst Target) | −0.1% | 6.6% | 16.2% | |
Fair Value Upside | Unlock | 13.4% | 7.9% | Unlock |