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Coresight 100

Essential briefings on the companies you need to know about. Explore company profiles, earnings updates, sector coverage and deep-dive research reports on the Coresight 100, our focus list of retailers, brand owners and real estate firms, spanning the U.S., Europe and Asia. 

Skechers U.S.A., Inc. (NYSE: SKX)

Skechers U.S.A., Inc. designs and markets lifestyle footwear for men, women and children and also performance footwear for men and women under the Skechers Performance brand name. Additionally, Skechers offers apparel, accessories, eyewear and other merchandise. The operating segments of Skechers are: domestic wholesale, international wholesale and retail (which includes e-commerce).

Skechers (NYSE: SKX) 4Q18 Results: EPS Beats Consensus Estimate but Revenues and Comps Miss

In 4Q18, the company grew sales 11.4% to $1.08 billion, missing the $1.1 billion consensus estimate. On a constant-currency basis, the company recorded $1.1 billion in sales, up 13.7% year over year, reflecting a $22.3 million currency adjustment. The company’s international wholesale business grew 18.4%, missing the 20.2% consensus estimate. The global retail business increased 7.5%, lower than the 8.1% consensus estimate, while the domestic wholesale business grew 4.8%, missing the 9.0% consensus estimate.