Skechers (SKX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Skechers reported revenue of $2.41 billion for the quarter ended March 2025, reflecting a year-over-year increase of 7.1$1.34, slightly up from $1.33 in the same quarter last year, with an EPS surprise of +14.53$1.17 [1] Revenue Performance - Geographic Revenue in Asia Pacific was $589 million, down 2.6$618.58 million [4] - Domestic Wholesale sales reached $496.20 million, representing a 4.2$533.12 million [4] - Domestic Direct-to-Consumer sales were $357.50 million, exceeding the estimate of$335.74 million with a year-over-year growth of 10.8% [4] - Revenue from Europe, Middle East & Africa was $718.20 million, up 14.4$708.61 million [4] - International Direct-to-Consumer sales were $521.90 million, slightly below the estimate of$543.09 million, with a year-over-year increase of 2.9% [4] - Revenue from the Americas was $1.10 billion, reflecting an 8.3$1.12 billion [4] - International Wholesale sales were $1.04 billion, slightly above the estimate of$1.03 billion, with a year-over-year growth of 9.6% [4] - Total Wholesale sales amounted to $1.53 billion, a 7.8$1.55 billion [4] - Total Direct-to-Consumer sales were $879.40 million, a 6$885.27 million [4] Stock Performance - Skechers shares have returned -14.8% over the past month, compared to a -5.1% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]