05:30 PM EDT, 08/08/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
Skechers U.S.A. Inc. posted normalized Q2 EPS of $1.13 vs. $0.91, $0.27 above consensus estimates on revenues of $2.44B vs. $2.16B, $88M above estimates. By segment, Wholesale revenues increased 15% Y/Y, while Direct-to-Consumer increased 11%. By region, U.S. sales declined 0.2% Y/Y, while International increased 22%. The company said its saw a large $34M favorable benefit from foreign exchange rates in the quarter. Q2 gross margin compressed 160 bps Y/Y to 53.3%. The company did not give much commentary on the release due to SKX currently being acquired by 3G Capital. Shares were flat on the release and trade near the acquisition price.