From Financial Modeling Prep: 2025-04-25 09:21:00

Skechers (NYSE:SKX) shares fell 6% in premarket trading due to lower-than-expected first-quarter revenue. The company reported earnings of $1.17 per share, in line with forecasts, but revenue of $2.41 billion missed estimates of $2.43 billion. Skechers withdrew its full-year guidance, citing global trade uncertainty and economic conditions.

Sales trends are strong internationally, but challenges persist in the U.S. and China. Skechers is focusing on margin protection and brand investment through cost-sharing, pricing actions, and strategic sourcing. Analysts at Stifel expect these efforts to impact margins in the short term.

The results highlight the challenges faced by global retailers, balancing rising costs, uncertain demand, and geopolitical risks. Skechers’ cautious stance reflects the need to navigate these challenges while maintaining long-term brand strength.



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