Skechers’ FY23 sales hit $8 billion, up 7.5 per cent, with international sales driving growth.
Direct-to-consumer sales surged 24.3 per cent, offsetting a 2.8 per cent wholesale drop.
Gross margin improved to 51.9 per cent, with EPS at $3.49.
Sales grew 4.4 per cent in Q4, gross margin was 53.1 per cent, and net earnings were $87.2 million.Skechers’ FY23 sales hit $8 billion, up 7.5 per cent, with international sales driving growth.
Direct-to-consumer sales surged 24.3 per cent, offsetting a 2.8 per cent wholesale drop.
Gross margin improved to 51.9 per cent, with EPS at $3.49.
Sales grew 4.4 per cent in Q4, gross margin was 53.1 per cent, and net earnings were $87.2 million.
American firm Skechers posts record annual sales of $8 bn in FY23
