---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-048328"
form_type: "8-K"
ticker: null
cik: "0001065837"
company_name: "SKECHERS USA INC"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:22:31.480981+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Skechers Q1 record sales $2.25B, EPS $1.33 up 30.4% YoY

## Summary
- Record Q1 sales of $2.25B (+12.5% YoY); diluted EPS $1.33 vs $1.02 a year ago.
- Gross margin expanded 360 bps to 52.5%; operating margin up 210 bps to 13.3%.
- International sales grew 15.2% and represented 65% of total; wholesale +9.8%, DTC +17.3%.
- Repurchased $60M of stock; inventory fell 10.8% to $1.36B from Dec. 31.
- Q2 guidance: sales $2.175-2.225B, EPS $0.85-0.90; FY2024 sales $8.725-8.875B, EPS $3.95-4.10.

## SEC filing metadata
- accession: 0000950170-24-048328
- form_type: 8-K
- cik: 0001065837
- company_name: SKECHERS USA INC
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1065837/000095017024048328/0000950170-24-048328-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065837/000095017024048328/skx-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-048328
- JSON: https://secwatch.observer/filing/0000950170-24-048328.json
- Plain text: https://secwatch.observer/filing/0000950170-24-048328.txt

## Key facts
- Earnings Releases
  SKECHERS USA INC reported first quarter ended March 31, 2024 results: revenue $2.25 billion, net income $206.6 million, EPS $1.33.
  - Period: first quarter ended March 31, 2024
  - Revenue: $2.25 billion
  - Net income: $206.6 million
  - EPS: $1.33
  - Result: reported results
  source text: Exhibit 99.1 and incorporated herein by reference. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Skechers Announces FIRST QUARTER 2024 FINANCIAL RESULTS and record sales of $2.25 billion LOS ANGELES, CA – April 25, 2024 – Skechers U.S.A., Inc. (“Skechers” or the “Company”) (NYSE:SKX), The Comfort Technology Company TM and a global footwear leader, today announced
  evidence_url: https://www.sec.gov/Archives/edgar/data/1065837/000095017024048328/0000950170-24-048328-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.