$SKX (-0,69%) | Skechers Q3'24 Earnings Highlights
๐น Revenue: $2.35B (Est. $2.31B) ๐ข; UP +15.9% YoY
๐น EPS: $1.20 (Est. $1.16) ๐ข
Raised FY 2024:
๐น Revenue: $8.925B-$8.975B (Est. $8.93B) ๐ข
๐น EPS: $4.20-$4.25 (Est. $4.17) ๐ข
Q4 Guidance:
๐น Revenue: $2.165B-$2.215B (Est. $2.22B) ๐
๐น EPS: $0.70-$0.75 (Est. $0.76)๐
Segment & Regional Performance:
๐ธ Wholesale Revenue: UP +20.6% YoY (Volume up +21.2%)
๐น EMEA: UP +30.9%
๐น Americas: UP +21.6%
๐น Asia Pacific: UP +5.1%
๐ธ Direct-to-Consumer (DTC) Revenue: UP +9.6% YoY
๐น EMEA: UP +28.0%
๐น PAC: UP +10.0%
๐น Americas: UP +5.0%
๐น International Revenue: UP +16% YoY
๐น Domestic Revenue: UP +15% YoY
Key Metrics:
๐น Net Income: $193.2M (vs. $145.4M YoY)ย
๐น Gross Profit: $1.22B; UP +14.1% YoY
๐น Gross Margin: 52.1%ย (DOWN 80 bps)
๐น Operating Income: $233.4M; UP +9.5% YoY
๐น Operating Margin: 9.9%ย (DOWN 60 bps)