Skechers (SKX) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Skechers reported revenue of $2.21 billion for the quarter ended December 2024, reflecting a year-over-year increase of 12.8$0.65, up from $0.56 in the same quarter last year, but fell short of the consensus estimate of$0.74, resulting in an EPS surprise of -12.16% [1] Revenue Performance - Revenue from the Asia Pacific region was $642.40 million, a 3.3$671.99 million [4] - Revenue from Europe, Middle East & Africa reached $478.60 million, marking a significant 24.8$490.49 million [4] - The Americas generated $1.09 billion in revenue, exceeding the estimated$1.06 billion, with a year-over-year growth of 14.2% [4] Sales Breakdown - Total wholesale sales amounted to $1.13 billion, surpassing the average estimate of$1.12 billion, and reflecting a 17.5% increase year-over-year [4] - Direct-to-consumer sales totaled $1.08 billion, slightly below the estimate of$1.09 billion, with an 8.4% year-over-year increase [4] - International direct-to-consumer sales were $669.80 million, under the estimate of$701.78 million, showing a 9.3% year-over-year growth [4] - International wholesale sales reached $701 million, below the estimated$730.37 million, with a year-over-year increase of 10.4% [4] - Domestic wholesale sales were $429.70 million, exceeding the estimate of$388.09 million, representing a robust 31.2% year-over-year growth [4] - Domestic direct-to-consumer sales were $411.90 million, slightly above the estimate of$402.75 million, with a year-over-year increase of 6.9% [4] Stock Performance - Skechers shares have returned +7.4% over the past month, outperforming the Zacks S&P 500 composite's +2.1% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]