Sales up 30% at Skechers
18/02/2010
Lifestyle footwear brand Skechers has posted results for its fourth quarter ended December 31.
Net sales for the fourth quarter rose 30.4% to $388.6 million compared with $298.1 million during the fourth quarter of 2008. Net earnings totalled $27.9 million compared with a net loss of $20.4 million in the fourth quarter of 2008, while gross profit rose to $189.3 million compared with $95 million.