Skechers achieves a “record turnover” in the first quarter of the 2025 financial year. Nevertheless, the American shoe provider withdraws his annual forecast for 2025 because of the macroeconomic uncertainty.
The company generated sales of $ 2.41 billion (2.12 billion euros) in the first three months of the current financial year, Skechers said on Thursday. This enabled the proceeds to be increased by 7.1 percent compared to the same period in the previous year. This plus is due to an international increase of 7.2 percent and an increase of 6.9 percent in the home market.
“Our record sales in the first quarter are proof of the resilience of our brand because we continue to see a wide-ranging global demand,” said Skecher’s CEO Robert Greenberg. “We believe that our clear promise of performance will be even more important because consumers have to find their way into the current economic volatility.”
The company recorded growth of 7.8 percent in wholesale and 6 percent in direct sales. Divided according to regions, Skechers in Europe, the Middle East and Africa (EMEA), succeeded in growing 14 percent in North and South America by 8 percent. In the meantime, he fell 3 percent in the Asian-Pacific area (APAC). Without China, the region would have achieved an increase of 12 percent.
“The heart of our success is our diverse range of comfort technology products that are available at affordable prices about a variety of sales channels. We continue to focus on innovations within our established and successful lifestyle collections, the expansion of our offer of high-performance shoes and investments in the creation of brand question in the future To drive forward, ”added Chief Operating Officer David Weinberg.
The net profit was $ 202.4 million and thus decreased slightly in the previous year compared to $ 206.6 million.
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