Skechers Announces Record Annual Sales of $8.00 Billion for 2023
SKXSkechers(SKX) Businesswire·2024-02-02 05:05

LOS ANGELES--(BUSINESS WIRE)--Skechers U.S.A., Inc. (“Skechers” or the “Company”) (NYSE:SKX), The Comfort Technology Company™ and a global footwear leader, today announced financial results for the fourth quarter and full year ended December 31, 2023. 2023 Highlights Record annual sales of 8.00billion,ayearoveryearincreaseof7.58.00 billion, a year-over-year increase of 7.5% Direct-to-Consumer sales grew 24.3% Diluted earnings per share of 3.49, a year-over-year increase of 46.6% Inventory decrease of $292.6 million or 16.1% from December 31, ...