News

Results exceed expectations at Skechers

26/04/2007

California-based lifestyle footwear company Skechers USA, Inc. has reported improved financial results for its first quarter ended March 31.

Net sales rose 24.3% to $344.9 million compared with $277.6 million for the first quarter of 2006. Net earnings improved to $23.9 million from $16.6 million. Gross profit for the first quarter was $149 million compared with $118.4 million.

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