Skechers Q2 profits climb 66 percent
18 Jul 2019
Skechers reported its net profit for Q2 climbed on Thursday. Compared with the same period last year, revenues surged by 11 percent.
For Q2, the company's net profit was 75.2 million dollar, increased from 45.3 million dollar last year. Furthermore, revenues increased to 1,259 million dollar.
From a logger boot for men as first in 1992, the company's product range has grown to over 3000 styles for women, children and performance. The shoe maker is based in the United States, and is currently listed in New York. Headquartered in Manhattan Beach, California, Skechers USA, Inc offers lifestyle and athletic footwear.
As of 2019, Skechers has more than 11,000 employees and operates over 2,600 stores.