Skechers USA announces record second quarter revenues
Designer and developer of men’s, women’s and children’s footwear Skechers USA, Inc. has announced record financial results for the second quarter ended June 30, 2005.
Net sales for the second quarter of 2005 rose 12.5% to $263.9 million compared with $234.7 million in the second quarter of 2004. Net earnings were $15.9 million versus $8.3 million in the same quarter of 2004. Gross profit for the second quarter of 2005 was $111.5 million compared with $95.2 million in the prior year period.