Skechers (SKX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

By Zacks Equity Research | April 24, 2025, 6:00 PM

For the quarter ended March 2025, Skechers (SKX) reported revenue of $2.41 billion, up 7.1% over the same period last year. EPS came in at $1.34, compared to $1.33 in the year-ago quarter.

The reported revenue represents a surprise of -1.17% over the Zacks Consensus Estimate of $2.44 billion. With the consensus EPS estimate being $1.17, the EPS surprise was +14.53%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Skechers performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Geographic Revenue- Asia Pacific: $589 million versus $618.58 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -2.6% change.
  • Sales- Domestic- Wholesale: $496.20 million compared to the $533.12 million average estimate based on three analysts. The reported number represents a change of +4.2% year over year.
  • Sales- Domestic- Direct-to-Consumer: $357.50 million versus $335.74 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +10.8% change.
  • Geographic Revenue- Europe, Middle East & Africa: $718.20 million versus $708.61 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +14.4% change.
  • Sales- International- Direct-to-Consumer: $521.90 million compared to the $543.09 million average estimate based on three analysts. The reported number represents a change of +2.9% year over year.
  • Geographic Revenue- Americas: $1.10 billion compared to the $1.12 billion average estimate based on three analysts. The reported number represents a change of +8.3% year over year.
  • Sales- International- Wholesale: $1.04 billion versus $1.03 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +9.6% change.
  • Sales- Total Wholesale: $1.53 billion compared to the $1.55 billion average estimate based on four analysts. The reported number represents a change of +7.8% year over year.
  • Sales- Total Direct-to-Consumer: $879.40 million versus $885.27 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +6% change.
View all Key Company Metrics for Skechers here>>>

Shares of Skechers have returned -14.8% over the past month versus the Zacks S&P 500 composite's -5.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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