Skechers Announces Record Second Quarter 2022 Sales apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
Stock Market | Daily Herald dailyherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyherald.com Daily Mail and Mail on Sunday newspapers.
Starting its 30th year in business, Skechers U.S.A., Inc. reported sales grew 26.8 percent in the first quarter ended March 31 to a new quarterly sales record, boosted by a resurgence in its U.S. wholesale business as product deliveries recovered.
Skechers U.S.A., Inc. reported net earnings rose 22.6 percent in the first quarter as sales ran up 26.8 percent, driven by 33 percent wholesale growth. Results topped guidance and Skechers lifted its outlook for the year.