The shoe provider Skechers USA Inc. was able to achieve strong growth in sales and results in the second quarter of the 2025 financial year.
According to a interim report published on Friday, the company, which is about the 3G Capital financial investor shortly before the takeover, generated sales of $ 2.44 billion (2.09 billion euros) in April to June. This corresponded to an increase of 13.1 percent compared to the previous year. Adjusted to change exchange rate changes, the proceeds grew by 11.5 percent. In the wholesale business, sales increased by 15.0 percent to $ 1.30 billion, in their own retail by 11.0 percent to $ 1.14 billion.
International business inspires sales development
The shoe provider owed the clear plus to strong growth in international business. While the total turnover in the US home market decreased by $ 862.1 million, revenues abroad increased by 22.0 percent to $ 1.58 billion. Growth engine was the EMEA region with an increase of 48.5 percent to $ 731.5 million. In contrast, it went down in China, where sales decreased by 8.2 percent to $ 287.2 million.
Due to a lower gross margin and higher operating costs, operational profit fell by 16.2 percent to $ 173.1 million in the second quarter. However, the net profit, which is due to the shareholder, rose by 21.5 percent to $ 170.5 million (146.4 million euros).
In the entire first half of the year, sales reached a height of $ 4.85 billion and thus exceeded the corresponding level of the previous year by 10.0 percent. The net profit, which is due to the shareholder, grew by 7.5 percent to $ 372.9 million.