Skechers U.S.A ( NYSE:SKX ) First Quarter 2024 Results Key Financial Results Revenue: US$2.25b (up 13% from 1Q 2023...
Sketchers' (SKX) Q1 results gain from increased demand for comfort technology and advantageous pricing, with a strategic focus on global expansion and achieving a $10-billion sales target by 2026.
Skechers USA stock was climbing Friday after the sneaker maker raised its full-year financial guidance and posted strong first-quarter financial results. Shares of Skechers were up 14% Friday, which would be their largest percentage increase since April 23, 2021, according to Dow Jones Market Data. The stock was also on pace to hit a record closing high as shares hit $67.31.