Welcome to our dedicated page for Skechers Usa news (Ticker: SKX), a resource for investors and traders seeking the latest updates and insights on Skechers Usa stock.
Skechers USA Inc (NYSE: SKX) is a global leader in lifestyle and performance footwear, serving consumers through innovative designs and multi-channel distribution. This news hub provides investors and industry observers with direct access to the company's official announcements and market developments.
Track all essential updates in one centralized location, including quarterly earnings reports, product innovation launches, and strategic partnership announcements. Our curated collection ensures timely access to press releases directly from Skechers' corporate communications team, alongside relevant financial analyses.
Discover updates spanning wholesale operations, retail expansion initiatives, and licensing agreements that shape Skechers' market position. The company's commitment to comfort technology and celebrity-endorsed marketing campaigns remains evident across its communications.
Bookmark this page for convenient access to SKX's latest operational milestones and financial disclosures. Check back regularly to stay informed about this footwear innovator's evolving business strategy and industry leadership.
Barco Uniforms has introduced the Skechers® by Barco limited-edition capsule collection to honor Breast Cancer Awareness Month in October 2022. This collaboration aims to support healthcare workers and their patients, with 10% of wholesale orders donated to Susan G. Komen. The collection features sustainable, eco-friendly scrubs made from recycled materials, showcasing a vibrant 'Wild Pink' color. Available online and at select retailers, the styles range from XXS to 5XL and retail between $20 to $31. The initiative reflects Barco's ongoing commitment to the healthcare community.
Skechers USA, Inc. (NYSE: SKX), a leader in footwear, announced CFO John Vandemore's participation in a fireside chat at the Goldman Sachs 29th Annual Global Retailing Conference in New York on September 7, 2022, at 1:45 p.m. ET. Investors can access the live audio and replay for 90 days on the company's website. Skechers designs, develops, and markets a wide range of footwear and apparel available in over 180 countries through various retail channels, including more than 4,355 physical stores worldwide.
The British musician and entrepreneur Myleene Klass has partnered with Skechers as the new ambassador for their women's footwear and apparel lines in the UK and Ireland. The campaign commences this month, highlighting Skechers’ innovations in comfort technology. Klass, known for her multi-talented career and extensive media presence, expressed her excitement for the collaboration, emphasizing comfort in daily wear. Skechers aims to grow its local presence, leveraging Klass alongside existing ambassadors to resonate with UK consumers.
Skechers has partnered with the Professional Pickleball Association to host the Skechers Invitational Summer Championship, the first nationally televised pickleball tournament in the U.S., from August 12-14 at the Riviera Country Club in Los Angeles. The event will showcase elite players, including Skechers ambassadors Catherine Parenteau and Tyson McGuffin. 10% of ticket sales will benefit the South Bay Friendship Foundation, supporting children with special needs. Skechers aims to promote the growing sport of pickleball and will feature a retail booth for attendees.
Petco Love and BOBS from Skechers are hosting a mega adoption event on Sept. 3-4 at the George R. Brown Convention Center in Houston. This event aims to increase pet adoption awareness amid rising shelter populations. Past events led to over 38,000 adoptions, with a goal of reaching 40,000 during this event. With only 30% of pet homes adopting from shelters, the initiative is crucial. Over 1,000 pets will be available for adoption for a fee of $35, which includes spaying/neutering and vaccines.
The Pro Pickleball Association (PPA) Tour is set to showcase professional pickleball on CBS, Paramount+, and CBS Sports Network with a live broadcast of the Skechers Invitational Summer Championship on August 13, 2022. This event marks a significant partnership between CBS Sports and the PPA, aimed at enhancing the visibility of pickleball, which has gained immense popularity in the U.S. with 4.8 million active players. The tournament will feature top-ranked players at the prestigious Riviera Country Club.
The Pro Pickleball Association (PPA) Tour has announced a multi-year deal with CBS Sports to broadcast select tournaments, including the Skechers Invitational Summer Championship at the Riviera Country Club.
This event will be aired live on CBS from August 13, 2022, and streamed on Paramount+. The partnership aims to elevate pickleball's visibility, with an estimated 4.8 million active players in the U.S. showcasing their skills in a celebrity-studded event, confirming pickleball's status as a rapidly growing sport.
Skechers U.S.A. (NYSE:SKX) reported a record $1.87 billion in sales for Q2 2022, up 12.4% year-over-year. Wholesale sales surged 18.3%, while direct-to-consumer sales grew 4.3%. However, diluted earnings per share fell to $0.58, a 34.1% decrease from the previous year. Gross profit was $897.6 million with a gross margin of 48.1%, down 330 basis points. Operating expenses rose to $743.4 million. Despite macroeconomic challenges, Skechers remains optimistic about future growth, projecting Q3 sales between $1.80 billion and $1.85 billion and full-year sales between $7.2 billion and $7.4 billion.
Skechers celebrates a significant milestone as elite golfer Brooke Henderson secures her second major championship victory at the Amundi Evian Championship in France, wearing Skechers GO GOLF footwear. Henderson's outstanding performance, including back-to-back 64s, led her to finish 17 under par, winning by a single stroke. This victory marks her 12th professional title and elevates her to #2 in the Race to CME Globe standings. Skechers' president, Michael Greenberg, praised Henderson's achievements, noting the brand's commitment to excellence in golf footwear.
