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Skechers (SKX) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
SkechersSkechers(US:SKX) ZACKS·2025-02-07 00:01

Core Insights - Skechers reported revenue of $2.21 billion for the quarter ended December 2024, reflecting a year-over-year increase of 12.8% [1] - The earnings per share (EPS) was $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% increase year-over-year, but below the average estimate of $671.99 million [4] - Revenue from Europe, Middle East & Africa reached $478.60 million, marking a significant 24.8% year-over-year increase, though it was slightly below the estimate of $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]