Skechers Revenue Jumps 13% in Fiscal Q2
Skechers (NYSE:SKX), a global footwear and apparel designer known for its focus on comfort and innovation, released its results for the second quarter of fiscal 2025 on August 8, 2025. GAAP revenue was $2.44 billion, a 13.1% increase in GAAP sales from the prior year. Non-GAAP revenue of $2,410.0 million surpassed the analyst estimate of $2,351.54 million. Non-GAAP earnings per share matched the expected $0.83. However, the period highlighted declining margins, with gross margin falling to 53.3% from 54.9% (GAAP) and operating margin (GAAP) down to 7.1% versus 9.6% last year. Overall, the quarter reflected robust international growth and expanding direct-to-consumer sales, but ongoing margin pressure and cost challenges.
Source: Analyst estimates for the quarter provided by FactSet.
Skechers designs, develops, and markets a diverse range of footwear, apparel, and accessories, aiming to deliver both style and comfort. Its products target an international audience and include proprietary comfort technologies such as Hands Free Slip-ins (shoes that allow the wearer to step in without using hands), Arch Fit insoles (specialist insoles for support), and Air-Cooled Memory Foam (cushioning systems). The company splits its distribution between Wholesale -- selling to third-party retailers -- and Direct-to-Consumer channels, which include company-owned stores and branded websites.
Source Fool.com
