Skechers U.S.A. (SKX) Expected to Announce Earnings on Wednesday

Skechers U.S.A. (NYSE:SKX) will likely be posting its Q2 2025 quarterly earnings results after the market closes on Wednesday, July 23rd. Analysts expect Skechers U.S.A. to post earnings of $0.85 per share and revenue of $2.35 billion for the quarter.

Skechers U.S.A. (NYSE:SKX) last issued its earnings results on Thursday, April 24th. The textile maker reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.17. Skechers U.S.A. had a return on equity of 13.34% and a net margin of 6.96%. The company had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.43 billion. During the same quarter in the prior year, the business earned $1.33 earnings per share. The company’s revenue was up 7.1% compared to the same quarter last year. On average, analysts expect Skechers U.S.A. to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Skechers U.S.A. Price Performance

Shares of NYSE SKX opened at $63.07 on Wednesday. Skechers U.S.A. has a 1-year low of $44.50 and a 1-year high of $78.85. The business has a 50-day moving average of $62.47 and a 200-day moving average of $61.33. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.13 and a quick ratio of 1.28. The company has a market capitalization of $9.44 billion, a price-to-earnings ratio of 15.16 and a beta of 1.12.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on SKX. Morgan Stanley reaffirmed an “equal weight” rating and issued a $63.00 target price (down previously from $73.00) on shares of Skechers U.S.A. in a research report on Wednesday, May 7th. Wall Street Zen began coverage on Skechers U.S.A. in a research report on Thursday, May 22nd. They issued a “sell” rating for the company. Needham & Company LLC reaffirmed a “hold” rating on shares of Skechers U.S.A. in a research report on Tuesday, April 22nd. Evercore ISI cut their price target on Skechers U.S.A. from $78.00 to $60.00 and set an “outperform” rating on the stock in a research note on Thursday, April 17th. Finally, TD Cowen cut Skechers U.S.A. from a “buy” rating to a “hold” rating and set a $63.00 price target on the stock. in a research note on Wednesday, May 28th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Skechers U.S.A. presently has a consensus rating of “Hold” and a consensus price target of $67.69.

Institutional Trading of Skechers U.S.A.

A hedge fund recently raised its stake in Skechers U.S.A. stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Skechers U.S.A., Inc. (NYSE:SKX) by 4.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 394,235 shares of the textile maker’s stock after purchasing an additional 16,915 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.26% of Skechers U.S.A. worth $22,385,000 as of its most recent SEC filing. Institutional investors own 79.96% of the company’s stock.

About Skechers U.S.A.

Skechers U.SA, Inc designs, develops, markets, and distributes footwear for men, women, and children worldwide. The company operates through Wholesale and Direct-to-Consumer segments. It offers footwear under Skechers Hands Free Slip-ins, Skechers Arch Fit, and Skechers Air-Cooled Memory Foam brands.