by Zach | Aug 25, 2025 | Press Release
Aug 25, 2025 • 5:14 pm EDT
Henderson Secures CPKC Women’s Open Title for Second Time in Skechers GOLF Footwear and Performance Apparel
LOS ANGELES–(BUSINESS WIRE)– Skechers athlete Brooke Henderson has triumphed once again, reclaiming the CPKC Women’s Open title on Sunday at the Mississauga Golf and Country Club in Mississauga, Ontario, after first winning it in 2018. Competing in Skechers GO GOLF® Jasmine 2 shoes and Skechers performance apparel, Henderson delivered a 4-under 67 in the final round to claim her 14th LPGA Tour title, further cementing her record as the Canadian golfer with the most professional wins.
Skechers athlete Brooke Henderson wins the CPKC Women’s Open 2025 at the Mississauga Golf and Country Club in Mississauga, Ontario. Photo Credit: Getty Images
Skechers athlete Brooke Henderson wins the CPKC Women’s Open 2025 at the Mississauga Golf and Country Club in Mississauga, Ontario. Photo Credit: Getty Images
“Winning Canada’s national women’s championship for the second time in my career is an amazing feeling,” said Brooke Henderson. “The home support and energy throughout the week were truly incredible. I felt comfortable and confident on the course, and that is in part due to my gear – including Skechers Golf shoes. Achieving such a milestone while working with a brand that has been with me for most of my journey makes this victory even more special.”
“We couldn’t be prouder of Brooke Henderson and her outstanding performance at the CPKC Women’s Open this past weekend,” said Michael Greenberg, president of Skechers. “Her passion for the sport and dedication to excellence shines through in every victory. We’re delighted to see her finding such phenomenal success on the course while relying on the comfort and support of Skechers Golf footwear to bring her A-game to every round.”
Henderson has become a prominent face in women’s golf since turning professional in December 2014. She won her first LPGA Tour event in 2015 at the Cambia Portland Classic, a title she successfully defended in 2016. That same year, she became the second youngest player to capture a major championship with her win at the 2016 KPMG Women’s PGA Championship. Brooke also represented Canada at the Olympic games in Brazil and again in Tokyo in 2021. In 2018, she won the Lotte Championship and became the first Canadian in 45 years to win the national championship at the CP Women’s Open. With 14 LPGA titles, including her most recent win at the 2025 CPKC Women’s Open, Henderson (firmly) holds the record for most professional golf wins by a male or female Canadian. She also won the ESPY for Best Female Golfer in 2019. She is currently ranked #7 in the World Golf Rankings.
Henderson joined the Skechers elite golf team in 2016 and wears Skechers Golf footwear and performance apparel on tour including the Skechers GO GOLF® Jasmine 2 style this weekend. She is featured in ongoing marketing campaigns for the brand. Additional pros wearing Skechers Golf footwear include Bernhard Langer, Matt Fitzpatrick, and Max Greyserman. Football analyst and former quarterback Tony Romo also serves as a brand ambassador, wearing Skechers Golf footwear on the course and in the brand’s marketing campaigns.
Known for its lightweight, high-quality, stable, and comfortable designs, Skechers Golf has achieved prominence within the golf category alongside the brand’s award-winning running, soccer, basketball, and pickleball/padel collections. Select styles from The Comfort Technology Company® include signature innovations such as Skechers Hands Free Slip-ins®, Skechers Arch Fit®, ULTRA GO® and Hyper Burst® cushioning.
Skechers Golf footwear is available at Skechers retail stores, skechers.com, and select retail partners, including specialty golf pro shops.
About SKECHERS U.S.A., Inc.
Skechers (NYSE:SKX), The Comfort Technology Company® based in Southern California, designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Company’s collections are available in 180 countries and territories through department and specialty stores, and direct to consumers through skechers.com and approximately 5,300 Skechers retail stores. A Fortune 500® company, Skechers manages its international business through a network of wholly-owned subsidiaries, joint venture partners, and distributors. For more information, please visit about.skechers.com and follow us on Facebook, Instagram and TikTok.
This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include delays or disruptions in our supply chain; international economic, political and market conditions including the effects of inflation, tariffs and foreign currency exchange rate fluctuations around the world, the challenging consumer retail markets in the United States, and the impact of wars, acts of war and other conflicts around the world; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; the ability to complete our proposed merger (the “Merger”), on the proposed terms or on the anticipated timeline, or at all, including risks and uncertainties related to securing the necessary regulatory approvals and satisfaction of other closing conditions to consummate the proposed Merger; the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement relating to the proposed Merger; risks that the proposed Merger disrupts our current plans and operations or diverts the attention of our management or employees from ongoing business operations; the risk of potential difficulties with our ability to retain and hire key personnel and maintain relationships with customers and other third parties as a result of the proposed Merger, including during the pendency of the Merger; the risk that the proposed Merger may involve unexpected costs and/or unknown or inestimable liabilities; the risk that our business may suffer as a result of uncertainty surrounding the proposed Merger; the risk that stockholder litigation in connection with the proposed Merger may affect the timing or occurrence of the proposed Merger or result in significant costs of defense, indemnification and liability; effects relating to the announcement of the transaction or any further announcements or the consummation of the transaction on the market price of our common stock; and other factors referenced or incorporated by reference in Skechers’ annual report on Form 10-K for the year ended December 31, 2024 and its quarterly reports on Form 10-Q in 2025. Taking these and other risk factors into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated by such forward-looking statements. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.
Media Contact:
Jennifer Clay
SKECHERS U.S.A., Inc.
[email protected]
Source: SKECHERS U.S.A., Inc.
by Zach | Aug 8, 2025 | Press Release
Aug 8, 2025 • 4:10 pm EDT
LOS ANGELES–(BUSINESS WIRE)–
Skechers U.S.A., Inc. (“Skechers” or the “Company”) (NYSE:SKX), The Comfort Technology Company® and a global footwear leader, today announced financial results for the second quarter ended June 30, 2025.
Second Quarter 2025 Highlights
Second Quarter 2025 Financial Results
Three Months Ended June 30,
Change
(in millions, except per share data)
2025
2024
$
%
Sales
$
2,440.0
$
2,157.6
282.4
13.1
Gross profit
1,301.3
1,184.4
116.9
9.9
Gross margin
53.3
%
54.9
%
(160) bps
Operating expenses
1,128.2
977.9
150.3
15.4
As a % of sales
46.2
%
45.3
%
90 bps
Earnings from operations
173.1
206.5
(33.4
)
(16.2
)
Operating margin
7.1
%
9.6
%
(250) bps
Net earnings attributable to Skechers U.S.A., Inc.
170.5
140.3
30.2
21.5
Diluted earnings per share
$
1.13
$
0.91
0.22
24.2
Six Months 2025 Financial Results
Six Months Ended June 30,
Change
(in millions, except per share data)
2025
2024
$
%
Sales
$
4,851.6
$
4,409.2
442.4
10.0
Gross profit
2,555.7
2,366.1
189.6
8.0
Gross margin
52.7
%
53.7
%
(100) bps
Operating expenses
2,117.5
1,860.7
256.7
13.8
As a % of sales
43.6
%
42.2
%
140 bps
Earnings from operations
438.2
505.3
(67.1
)
(13.3
)
Operating margin
9.0
%
11.5
%
(240) bps
Net earnings attributable to Skechers U.S.A., Inc.
372.9
346.9
26.0
7.5
Diluted earnings per share
$
2.46
$
2.24
0.22
9.8
About Skechers U.S.A., Inc.
Skechers (NYSE:SKX), The Comfort Technology Company® based in Southern California, designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Company’s collections are available in approximately 180 countries and territories through department and specialty stores, and direct to consumers through skechers.com and approximately 5,300 Skechers retail stores. A Fortune 500® company, Skechers manages its international business through a network of wholly-owned subsidiaries, joint venture partners, and distributors. For more information, please visit about.skechers.com and follow us on Facebook, Instagram and TikTok.
Reference in this press release to “Sales” refers to Skechers’ net sales reported under GAAP. This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include the disruption of business and operations due to` delays or disruptions in our supply chain; international economic, political and market conditions including the effects of inflation, tariffs, and foreign currency exchange rate fluctuations around the world, the challenging consumer retail markets in the United States and the impact of wars, acts of war and other conflicts around the world; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; the ability to complete our proposed merger (the “Merger”), on the proposed terms or on the anticipated timeline, or at all, including risks and uncertainties related to securing the necessary regulatory approvals and satisfaction of other closing conditions to consummate the proposed Merger; the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement relating to the proposed Merger; risks that the proposed Merger disrupts the Company’s current plans and operations or diverts the attention of the Company’s management or employees from ongoing business operations; the risk of potential difficulties with the Company’s ability to retain and hire key personnel and maintain relationships with customers and other third parties as a result of the proposed Merger, including during the pendency of the Merger; the risk that the proposed Merger may involve unexpected costs and/or unknown or inestimable liabilities; the risk that the Company’s business may suffer as a result of uncertainty surrounding the proposed Merger; the risk that stockholder litigation in connection with the proposed Merger may affect the timing or occurrence of the proposed Merger or result in significant costs of defense, indemnification and liability; effects relating to the announcement of the transaction or any further announcements or the consummation of the transaction on the market price of the Company’s common stock; and other factors referenced or incorporated by reference in Skechers’ annual report on Form 10-K for the year ended December 31, 2024 and its quarterly reports on Form 10-Q in 2025. Taking these and other risk factors into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated by such forward-looking statements. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance. Skechers expressly disclaims any obligation to publicly release any updates or revisions to any forward-looking statements to reflect any change in Skechers’ expectations or any change in events, conditions or circumstances on which any statement is based.
SKECHERS U.S.A., INC. AND SUBSIDIARIES
Condensed Consolidated Balance Sheets
(Unaudited)
As of
As of
(in thousands)
June 30, 2025
December 31, 2024
ASSETS
Current assets
Cash and cash equivalents
$
1,377,152
$
1,116,516
Short-term investments
106,254
118,470
Trade accounts receivable, net
1,149,298
990,558
Other receivables
105,157
98,499
Inventory
1,871,805
1,919,386
Prepaid expenses and other
242,045
205,994
Total current assets
4,851,711
4,449,423
Property, plant and equipment, net
2,075,256
1,834,930
Operating lease right-of-use assets
1,536,161
1,363,596
Deferred tax assets
423,544
440,358
Long-term investments
157,452
146,687
Goodwill
103,945
94,494
Other assets, net
130,047
126,270
Total non-current assets
4,426,405
4,006,335
TOTAL ASSETS
$
9,278,116
$
8,455,758
LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST AND STOCKHOLDERS’ EQUITY
Current liabilities
Accounts payable
$
1,159,891
$
1,241,838
Accrued expenses
356,295
330,251
Operating lease liabilities
303,370
297,926
Current installments of long-term borrowings
316,748
353,131
Short-term borrowings
179,633
33,338
Total current liabilities
2,315,937
2,256,484
Long-term operating lease liabilities
1,358,821
1,176,290
Long-term borrowings
87,965
68,450
Deferred tax liabilities
10,283
11,148
Other long-term liabilities
129,601
123,122
Total non-current liabilities
1,586,670
1,379,010
Total liabilities
3,902,607
3,635,494
Redeemable noncontrolling interest
102,374
90,099
Stockholders’ equity
Preferred Stock
—
—
Class A Common Stock
131
130
Class B Common Stock
19
19
Additional paid-in capital
38,116
12,170
Accumulated other comprehensive loss
(71,989
)
(171,221
)
Retained earnings
4,809,135
4,436,201
Skechers U.S.A., Inc. equity
4,775,412
4,277,299
Noncontrolling interests
497,723
452,866
Total stockholders’ equity
5,273,135
4,730,165
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST AND STOCKHOLDERS’ EQUITY
$
9,278,116
$
8,455,758
SKECHERS U.S.A., INC. AND SUBSIDIARIES
Condensed Consolidated Statements of Earnings
(Unaudited)
Three Months Ended June 30,
Six Months Ended June 30,
(in thousands, except per share data)
2025
2024
2025
2024
Sales
$
2,440,024
$
2,157,643
$
4,851,595
$
4,409,230
Cost of sales
1,138,721
973,206
2,295,918
2,043,159
Gross profit
1,301,303
1,184,437
2,555,677
2,366,071
Operating expenses
Selling
251,883
235,870
436,956
392,371
General and administrative
876,338
742,036
1,680,514
1,468,371
Total operating expenses
1,128,221
977,906
2,117,470
1,860,742
Earnings from operations
173,082
206,531
438,207
505,329
Other income (expense)
45,517
(1,652
)
70,047
(3,702
)
Earnings before income taxes
218,599
204,879
508,254
501,627
Income tax expense
35,894
40,355
100,477
96,725
Net earnings
182,705
164,524
407,777
404,902
Less: Net earnings attributable to noncontrolling interests and
redeemable noncontrolling interest
12,207
24,222
34,843
57,978
Net earnings attributable to Skechers U.S.A., Inc.
$
170,498
$
140,302
$
372,934
$
346,924
Net earnings per share attributable to Skechers U.S.A., Inc.
Basic
$
1.14
$
0.92
$
2.49
$
2.27
Diluted
$
1.13
$
0.91
$
2.46
$
2.24
Weighted-average shares used in calculating net earnings per share attributable to Skechers U.S.A., Inc.
Basic
150,001
152,503
149,711
152,707
Diluted
151,305
154,176
151,395
154,640
SKECHERS U.S.A., INC. AND SUBSIDIARIES
Supplemental Financial Information
(Unaudited)
Segment Information
Three Months Ended June 30,
Change
(in millions)
2025
2024
$
%
Wholesale sales
$
1,301.4
$
1,132.1
169.3
15.0
Cost of sales
763.0
635.2
127.9
20.1
Gross profit
538.4
496.9
41.4
8.3
Gross margin
41.4
%
43.9
%
(250) bps
Direct-to-Consumer sales
$
1,138.6
$
1,025.5
113.1
11.0
Cost of sales
375.7
338.0
37.6
11.1
Gross profit
762.9
687.5
75.5
11.0
Gross margin
67.0
%
67.0
%
0 bps
Total sales
$
2,440.0
$
2,157.6
282.4
13.1
Cost of sales
1,138.7
973.2
165.5
17.0
Gross profit
1,301.3
1,184.4
116.9
9.9
Gross margin
53.3
%
54.9
%
(160) bps
Six Months Ended June 30,
Change
(in millions)
2025
2024
$
%
Wholesale sales
$
2,833.6
$
2,553.8
279.8
11.0
Cost of sales
1,620.1
1,420.7
199.3
14.0
Gross profit
1,213.5
1,133.1
80.5
7.1
Gross margin
42.8
%
44.4
%
(150) bps
Direct-to-Consumer sales
$
2,018.0
$
1,855.4
162.5
8.8
Cost of sales
675.8
622.4
53.5
8.6
Gross profit
1,342.2
1,233.0
109.1
8.8
Gross margin
66.5
%
66.5
%
0 bps
Total sales
$
4,851.6
$
4,409.2
442.4
10.0
Cost of sales
2,295.9
2,043.1
252.8
12.4
Gross profit
2,555.7
2,366.1
189.6
8.0
Gross margin
52.7
%
53.7
%
(100) bps
Additional Sales Information
Three Months Ended June 30,
Change
(in millions)
2025
2024
$
%
Geographic sales
Domestic
Wholesale
$
413.3
$
446.9
(33.6
)
(7.5
)
Direct-to-Consumer
448.8
416.9
31.8
7.6
Total domestic sales
862.1
863.8
(1.8
)
(0.2
)
International
Wholesale
888.1
685.2
202.9
29.6
Direct-to-Consumer
689.8
608.6
81.2
13.3
Total international sales
1,577.9
1,293.8
284.2
22.0
Total sales
$
2,440.0
$
2,157.6
282.4
13.1
Regional sales
Americas (AMER)
$
1,113.0
$
1,100.9
12.1
1.1
Europe, Middle East & Africa (EMEA)
731.5
492.5
239.0
48.5
Asia Pacific (APAC)
595.5
564.2
31.3
5.5
Total sales
$
2,440.0
$
2,157.6
282.4
13.1
China sales
$
287.2
$
312.7
(25.6
)
(8.2
)
Distributor sales
$
136.1
$
112.8
23.3
20.6
Six Months Ended June 30,
Change
(in millions)
2025
2024
$
%
Geographic sales
Domestic
Wholesale
$
909.5
$
922.9
(13.4
)
(1.5
)
Direct-to-Consumer
806.3
739.7
66.5
9.0
Total domestic sales
1,715.8
1,662.6
53.1
3.2
International
Wholesale
1,924.1
1,630.9
293.2
18.0
Direct-to-Consumer
1,211.7
1,115.7
96.0
8.6
Total international sales
3,135.8
2,746.6
389.3
14.2
Total sales
$
4,851.6
$
4,409.2
442.4
10.0
Regional sales
Americas (AMER)
$
2,217.4
$
2,120.4
97.0
4.6
Europe, Middle East & Africa (EMEA)
1,449.7
1,120.2
329.6
29.4
Asia Pacific (APAC)
1,184.5
1,168.6
15.8
1.4
Total sales
$
4,851.6
$
4,409.2
442.4
10.0
China sales
$
555.8
$
632.3
(76.4
)
(12.1
)
Distributor sales
$
272.1
$
238.7
33.3
14.0
SKECHERS U.S.A., INC. AND SUBSIDIARIES
Reconciliation of GAAP Earnings Financial Measures to Corresponding Non-GAAP Financial Measures
(Unaudited)
Constant Currency Adjustment (Non-GAAP Financial Measure)
We evaluate our results of operations on both an as reported and a constant currency basis. The constant currency presentation, which is a non-GAAP measure, excludes the impact of period-over-period fluctuations in foreign currency exchange rates. We believe providing constant currency information provides valuable supplemental information regarding our results of operations, thereby facilitating period-to-period comparisons of our business performance and is consistent with how management evaluates the Company’s performance. We calculate constant currency percentages by converting our current period local currency financial results using the prior-period exchange rates and comparing these adjusted amounts to our prior period reported results. Other companies that provide similar non-GAAP measures may calculate them differently than we do, and the definitions may not be the same as the definitions we use.
Three Months Ended June 30,
2025
2024
Change
(in millions, except per share data)
Reported
GAAP Measure
Constant
Currency
Adjustment
Adjusted for
Non-GAAP
Measures
Reported
GAAP Measure
$
%
Sales
$
2,440.0
$
(33.9
)
$
2,406.1
$
2,157.6
$
248.5
11.5
Cost of sales
1,138.7
(23.4
)
1,115.3
973.2
142.1
14.6
Gross profit
1,301.3
(10.5
)
1,290.8
1,184.4
106.4
9.0
Operating expenses
1,128.2
(14.4
)
1,113.9
977.9
136.0
13.9
Earnings from operations
173.1
3.8
176.9
206.5
(29.6
)
(14.3
)
Other income (expense)
45.5
(48.6
)
(3.1
)
(1.6
)
(1.4
)
n/m
Income tax expense (benefit)
35.9
(0.7
)
35.2
40.4
(5.1
)
(12.7
)
Less: Noncontrolling interests and redeemable noncontrolling interest
12.2
0.1
12.3
24.2
(11.9
)
(49.3
)
Net earnings attributable to Skechers U.S.A., Inc.
$
170.5
$
(44.2
)
$
126.3
$
140.3
$
(14.0
)
(10.0
)
Diluted earnings per share
$
1.13
$
(0.30
)
$
0.83
$
0.91
$
(0.08
)
(8.8
)
Six Months Ended June 30,
2025
2024
Change
(in millions, except per share data)
Reported
GAAP Measure
Constant
Currency
Adjustment
Adjusted for
Non-GAAP
Measures
Reported
GAAP Measure
$
%
Sales
$
4,851.6
$
9.6
$
4,861.2
$
4,409.2
$
451.9
10.3
Cost of sales
2,295.9
2.9
2,298.8
2,043.1
255.6
12.5
Gross profit
2,555.7
6.7
2,562.4
2,366.1
196.3
8.3
Operating expenses
2,117.5
0.2
2,117.6
1,860.7
256.9
13.8
Earnings from operations
438.2
6.7
444.9
505.3
(60.4
)
(12.0
)
Other income (expense)
70.0
(75.3
)
(5.3
)
(3.7
)
(1.6
)
n/m
Income tax expense (benefit)
100.5
(0.6
)
99.8
96.7
3.1
3.2
Less: Noncontrolling interests and redeemable noncontrolling interest
34.8
0.7
35.5
58.0
(22.5
)
(38.8
)
Net earnings attributable to Skechers U.S.A., Inc.
$
372.9
$
(68.7
)
$
304.2
$
346.9
$
(42.7
)
(12.3
)
Diluted earnings per share
$
2.46
$
(0.45
)
$
2.01
$
2.24
$
(0.23
)
(10.3
)
n/m: not meaningful.
Investor Relations
Sonia Reback
Eunice Han
[email protected]
Press
Jennifer Clay
[email protected]
Source: Skechers U.S.A., Inc.
by Zach | Aug 7, 2025 | Press Release
Aug 7, 2025 • 12:00 pm EDT
Technical Running Collection Fuses Innovation with Convenience for Every Run
LOS ANGELES–(BUSINESS WIRE)–
No more excuses! Skechers added its exclusive Slip-ins® technology to Skechers AERO Series running footwear, making it easier than ever to just slip in and cut through the wind with speed, style and comfort.
Introducing the Skechers AERO Burst featuring Skechers Slip-ins® technology for a hands-free fit.
Introducing the Skechers AERO Burst featuring Skechers Slip-ins® technology for a hands-free fit.
“We introduced our Skechers AERO Series earlier this year with a new generation of innovations for runners at all levels, and now we’re adding our signature Skechers Hands Free Slip-ins® technology to the collection, making it even easier to get those miles in,” said Ben Stewart, Vice President, Skechers Technical Performance Division. “Just as we did in developing the lace-up versions of AERO, we worked with runners to fine-tune the integration of our hands-free technology specifically for the needs of athletes. It’s never been easier to enjoy our signature Comfort That Performs on every run.”
Runners have a range of Skechers AERO Series options that include Skechers Hands Free Slip-ins® with the Burst, Spark and Pulse styles offering this convenient technology. The customized Slip-ins design features minimized material on the interior to reduce weight and limit friction against the foot to create a seamless and unnoticeable experience for the runner. The heel counter is also constructed with a premium high-performing material, offering runners enhanced stability and a more secure locked-in feel compared to the traditional lace-up design. Just like the lace-up versions, these styles deliver a fusion of performance innovations to elevate comfort, promote smooth transitions, and propel you forward through every stride.
Skechers AERO Burst Slip-ins™—elevated cushioning, built to go the distance. Designed for long-distance running routines, this well-cushioned style combines premium comfort with performance technologies to help runners feel great mile after mile. Featuring maximized Hyper Burst Ice™ midsole cushioning for lightweight responsiveness and a carbon-infused H-plate for added propulsion, this innovative style is engineered to enhance every stride. Also available in a standard lace-up version.
Skechers AERO Spark Slip-ins™—well-balanced daily trainer. Built for logging miles with great support underfoot, this go-to trainer can also pick up the pace. Featuring Hyper Burst Ice™ midsole cushioning for long-lasting comfort and a carbon-infused H-plate for dynamic energy return, this versatile shoe is built to keep runners performing at their best. Also available in a standard lace-up version.
Skechers AERO Pulse Slip-ins™—casual miles made easy. Engineered for comfort and effortless wear, this trainer is perfect for morning jogs with reliable support and lightweight cushioning in one smooth ride. Available exclusively with Skechers Hands Free Slip-ins technology.
Key signature innovations featured across the range include Skechers Hyper Arc™ technology that adapts to your stride for a more efficient run, a Skechers Arch Fit® insole for runners, plus Goodyear® Performance Outsoles for enhanced traction, stability and durability.
The Skechers AERO Series of technical running shoes is available globally at Skechers retail stores and skechers.com, as well as specialty athletic shops.
About SKECHERS U.S.A., Inc.
Skechers (NYSE:SKX), The Comfort Technology Company® based in Southern California, designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Company’s collections are available in 180 countries and territories through department and specialty stores, and direct to consumers through skechers.com and more than 5,300 Skechers retail stores. A Fortune 500® company, Skechers manages its international business through a network of wholly-owned subsidiaries, joint venture partners, and distributors. For more information, please visit about.skechers.com and follow us on Facebook, Instagram and TikTok.
About The Goodyear Tire & Rubber Company
Goodyear is one of the world’s largest tire companies. It employs about 68,000 people and manufactures its products in 53 facilities in 20 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.
This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include the disruption of business and operations due to the COVID-19 pandemic; delays or disruptions in our supply chain; international economic, political and market conditions including the effects of inflation, tariffs and foreign currency exchange rate fluctuations around the world, the challenging consumer retail markets in the United States, and the impact of wars, acts of war and other conflicts around the world; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in Skechers’ annual report on Form 10-K for the year ended December 31, 2024 and its quarterly reports on Form 10-Q in 2025. Taking these and other risk factors associated with the COVID-19 pandemic into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated by such forward-looking statements. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.
Media Contact:
Jennifer Clay
SKECHERS U.S.A., Inc.
[email protected]
Source: SKECHERS U.S.A., Inc.
by Zach | Jul 30, 2025 | Press Release
Jul 30, 2025 • 9:00 am EDT
The New Style Worn by WNBA Star Rickea Jackson is Built for Speed, Stability and Comfort on the Court
LOS ANGELES–(BUSINESS WIRE)–
Skechers Basketball is empowering WNBA, NBA and aspiring players with the launch of the SKX Full-Court Press™ basketball shoe. Inspired by the relentless energy and intensity of a game’s most demanding defensive strategy, this all-new style is built for athletes who thrive under pressure and dominate the court from end to end. Los Angeles Sparks forward Rickea Jackson debuted the SKX Full-Court Press at the start of this season and is featured in the marketing campaign, which showcases how this responsive shoe helps players deliver the speed, stability and comfort needed to stay fresh through every hustle and quick-paced play.
Dominate the game in the Skechers SKX Full-Court Press™—built to keep you moving strong through every play on the court.
Dominate the game in the Skechers SKX Full-Court Press™—built to keep you moving strong through every play on the court.
“We designed the SKX Full-Court Press for players who work every inch of the court to change a game’s momentum and earn that win at the final buzzer,” said Ben Stewart, Vice President, Skechers Technical Performance Division. “Rickea is the perfect player to help us launch the SKX Full-Court Press. She’s the first WNBA player on our team and exudes confidence under pressure both on and off the court as fans will see in her new Skechers Basketball campaign.”
“Skechers has the comfort and performance down, but I really love this shoe because it’s tuned to my style of play—fast, fluid, and explosive,” said Rickea Jackson. “And off the court they look good too, so you feel confident as soon as you lace up. So many players will appreciate that you just transform into a pressure machine with the SKX Full-Court Press. It’s amazing.”
The low-top SKX Full-Court Press is a fusion of style and function with an eye-catching wraparound TPU Versa Wing™ in the midsole that offers supreme stability when making hard cuts to create space. The outsole features grippy Goodyear® rubber in a herringbone pattern for multi-directional traction ready for pace changes and action at both ends of the court. Resilient and ultra-lightweight Skechers Move Foam™ delivers long-lasting comfort to keep players feeling good through four intense quarters.
The new SKX Full-Court Press style and the full Skechers Basketball collection is available at Skechers website, select Skechers stores, as well as specialty retailers around the world. Fans can get behind-the-scenes access to Skechers Basketball product launches and more by following @skechersbasketball on Instagram and TikTok.
Rickea Jackson is part of an elite Skechers Basketball roster that includes WNBA players Kiki Iriafen and Jackie Young, as well as NBA stars Julius Randle, Joel Embiid, OG Anunoby, Norman Powell, Terance Mann, Jabari Walker, and Josh Green.
Beyond basketball, Skechers also offers performance footwear for elite and casual athletes in running, soccer, golf, pickleball/padel, and cricket.
About SKECHERS U.S.A., Inc.
Skechers (NYSE:SKX), The Comfort Technology Company® based in Southern California, designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Company’s collections are available in 180 countries and territories through department and specialty stores, and direct to consumers through skechers.com and more than 5,300 Skechers retail stores. A Fortune 500® company, Skechers manages its international business through a network of wholly-owned subsidiaries, joint venture partners, and distributors. For more information, please visit about.skechers.com and follow us on Facebook, Instagram and TikTok.
About The Goodyear Tire & Rubber Company
Goodyear is one of the world’s largest tire companies. It employs about 68,000 people and manufactures its products in 53 facilities in 20 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.
This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include the disruption of business and operations due to the COVID-19 pandemic; delays or disruptions in our supply chain; international economic, political and market conditions including the effects of inflation, tariffs and foreign currency exchange rate fluctuations around the world, the challenging consumer retail markets in the United States, and the impact of wars, acts of war and other conflicts around the world; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in Skechers’ annual report on Form 10-K for the year ended December 31, 2024 and its quarterly reports on Form 10-Q in 2025. Taking these and other risk factors associated with the COVID-19 pandemic into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated by such forward-looking statements. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.
Media Contact:
Jennifer Clay
SKECHERS U.S.A., Inc.
[email protected]
Source: SKECHERS U.S.A., Inc.
by Zach | Jul 28, 2025 | Press Release
Jul 28, 2025 • 9:00 am EDT
Skechers Believes Lawsuit Is Baseless and Represents a Blatant Attempt to Have Courts Interfere Where Consumers Have Already Spoken
LOS ANGELES–(BUSINESS WIRE)–
Skechers USA, Inc. (“Skechers”), the Comfort Technology Company and leader in hands-free footwear technology, announced today that it will vigorously defend the patent suit filed in Texas federal court against Skechers by Kizik Design, LLC (“Kizik”) alleging, in essence, that the entire line of Skechers Hands Free Slip-ins® (“Slip-ins”) infringe Kizik’s patents. The Company believes that Kizik’s allegations are baseless.
As owners of a vast portfolio of intellectual property, Skechers respects the rights of others. Kizik’s complaint is based on the assertion that Kizik created the hands-free footwear category and is the only company that can legally use that century-old idea. Contrary to Kizik’s false assertion that Skechers patents have been rejected, Skechers has developed its own unique Slip-ins technology and has obtained more than 140 utility and design patents worldwide, including in the United States, and has vigilantly enforced its patent rights, resulting in numerous judgements, injunctions and settlements around the world.
Michael Greenberg, President of Skechers, stated, “The timing of this lawsuit is curious, coming on the heels of Skechers announcing a $9.42 billion merger with 3G Capital. Kizik asserts that, ‘at the heart of Skechers’ hands-free shoes’ are Kizik’s patented technologies, yet Skechers has been advertising and selling its Slip-ins since December 2021 without so much as a letter from Kizik. Then, after the merger is announced, Kizik hires a law firm also used by Nike and attacks our whole Slip-ins product line. We believe that, after all these years of silence, the true motivation for this lawsuit might be found right on the face of Kizik’s complaint, where they state that they are looking for a share of the $9.42 billion being paid for Skechers, money Kizik did not earn and does not deserve.”
Mr. Greenberg continued: “Hands-free footwear has been around for at least a century. It was not created in the 21st Century in Utah. We have become the market leader in the hands-free footwear space by innovating – not imitating – this idea into a true hands-free fit with our own technology. Skechers invests tremendous resources into research and development to introduce its own fresh, unique and exciting footwear to customers year in and year out and will continue to do so, undeterred by transparent litigation efforts to thwart competition. We will aggressively challenge both the validity of the patents and the infringement claims.”
About SKECHERS U.S.A., Inc.
Skechers (NYSE:SKX), The Comfort Technology Company® based in Southern California, designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Company’s collections are available in 180 countries and territories through department and specialty stores, and direct to consumers through skechers.com and more than 5,300 Skechers retail stores. A Fortune 500® company, Skechers manages its international business through a network of wholly-owned subsidiaries, joint venture partners, and distributors. For more information, please visit about.skechers.com and follow us on Facebook, Instagram and TikTok.
This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include the disruption of business and operations due to the COVID-19 pandemic; delays or disruptions in our supply chain; international economic, political and market conditions including the effects of inflation, tariffs and foreign currency exchange rate fluctuations around the world, the challenging consumer retail markets in the United States, and the impact of wars, acts of war and other conflicts around the world; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in Skechers’ annual report on Form 10-K for the year ended December 31, 2024 and its quarterly reports on Form 10-Q in 2025. Taking these and other risk factors associated with the COVID-19 pandemic into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated by such forward-looking statements. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.
Media Contact:
Jennifer Clay
SKECHERS U.S.A., Inc.
[email protected]
Source: Skechers USA, Inc.
by Zach | Jul 24, 2025 | Press Release
Jul 24, 2025 • 8:00 am EDT
New York Knicks Forward Competing in Skechers Basketball Shoes
LOS ANGELES–(BUSINESS WIRE)–
Confirming the fan speculation surrounding his headline-grabbing slam dunk in SKX REIGN™ shoes during the 2025 NBA playoffs in May, Skechers officially announces that New York Knicks forward OG Anunoby has joined Team Skechers. In addition to competing in Skechers Basketball footwear, the NBA Champion and defensive powerhouse will appear in the brand’s global marketing campaigns.
New York Knicks forward OG Anunoby is game-ready in Skechers Basketball shoes.
New York Knicks forward OG Anunoby is game-ready in Skechers Basketball shoes.
The news drops ahead of Anunoby representing the brand on a European basketball tour with fellow Skechers athlete Terance Mann of the Brooklyn Nets. The tour kicks off July 26 in Belgrade, with additional stops to follow in Berlin, Frankfurt and Zadar.
“Skechers has helped me continue to play basketball at an elite level and I love these shoes,” said OG Anunoby, who wears a range of Skechers Basketball styles including the SKX NEXUS™ and SKX REIGN™. “I play quick and low to the court. I jump and move a lot. Skechers has the shoe to keep me comfortable, keep me protected and keep me playing my best every day.”
“As we grow and continue to innovate our Skechers Basketball shoes, more elite players want to join our team and bring the Comfort That Performs to their games,” said David Weinberg, chief operating officer of Skechers. “Known for his viral dunks and defensive strength on the court, OG is a fantastic and inspiring addition to our global roster. We look forward to bringing OG and Terance Mann on tour to meet fans and the media at events with our European retail partners in the coming week.”
Born in London, UK, Ogugua “OG” Anunoby grew up in Missouri from age four and excelled as a basketball phenom in high school. He was selected as a pre-season All-American by The Sporting News ahead of his freshman year at Indiana University. In 2017, he declared for the NBA draft, where he was selected 23rd overall by the Toronto Raptors. In 2019, the Raptors won the NBA championship, making Anunoby the first British-born basketball player to ever earn the title. He was traded to the New York Knicks in 2024 and has had great success since with a career-high 18-point-per-game average last season, including reaching his career-high 40-point game versus Denver.
The two high-performance Skechers Basketball shoes worn by Anunoby reflect his dynamic playing style—strong, versatile, and always in control. The SKX NEXUS™ is a low-top court shoe designed for speed, stability and support, offering exceptional comfort and responsiveness. Meanwhile, the SKX REIGN™ focuses on promoting elevation and intense traction, helping Anunoby stay quick and locked in on both ends of the court.
Anunoby joins a Skechers roster that includes his Raptors championship teammate Norman Powell, European tour partner Terance Mann, as well as NBA players Julius Randle, Joel Embiid, Jabari Walker, and Josh Green, along with WNBA athletes Rickea Jackson, Jackie Young and Kiki Iriafen.
Beyond basketball, Skechers also offers performance footwear for elite and casual athletes in running, soccer, golf, pickleball/padel and cricket.
Skechers Basketball footwear is available at skechersbasketball.com and select Skechers retail stores. Basketball fans can get behind-the-scenes access to Skechers Basketball product launches and more by following @skechersbasketball on Instagram and TikTok.
About SKECHERS U.S.A., Inc.
Skechers (NYSE:SKX), The Comfort Technology Company® based in Southern California, designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Company’s collections are available in 180 countries and territories through department and specialty stores, and direct to consumers through skechers.com and more than 5,300 Skechers retail stores. A Fortune 500® company, Skechers manages its international business through a network of wholly-owned subsidiaries, joint venture partners, and distributors. For more information, please visit about.skechers.com and follow us on Facebook, Instagram and TikTok.
This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include the disruption of business and operations due to the COVID-19 pandemic; delays or disruptions in our supply chain; international economic, political and market conditions including the effects of inflation, tariffs and foreign currency exchange rate fluctuations around the world, the challenging consumer retail markets in the United States, and the impact of wars, acts of war and other conflicts around the world; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in Skechers’ annual report on Form 10-K for the year ended December 31, 2024 and its quarterly reports on Form 10-Q in 2025. Taking these and other risk factors associated with the COVID-19 pandemic into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated by such forward-looking statements. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.
Media Contacts:
Jennifer Clay
SKECHERS U.S.A., Inc.
[email protected]
Marvin Heinz
SKECHERS U.S.A. Deutschland
[email protected]
Source: Skechers