Skechers' Fashionable Profits in Q4: Fool by Numbers
By
Andy Cross
February 23, 2006
|
On Feb. 22, fashion footwear maker Skechers (NYSE: SKX) released Q4 2005 earnings for the period ended Dec. 31.
- Revenue increased 8%, just topping analysts' estimates.
- Operating margins made a significant jump to nearly 5%.
- EPS matched analyst expectations of $0.14.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Avg. Est.
|
Q4 2005
|
Q4 2004
|
% Change
|
|
Sales
|
$222,130
|
$223,494
|
$206,472
|
+8.2%
|
|
Net Profit
|
--
|
$5,901
|
$2,128
|
+177.3%
|
|
EPS
|
$0.14
|
$0.14
|
$0.05
|
+180.0%
|
Get back to basics with a look at the income statement.
Margin Checkup
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets
|
Q4 2005
|
Q4 2004
|
% Change
|
|
Cash+ ST Invest.
|
$197,007
|
$137,653
|
+43.1%
|
|
Inventory
|
$136,171
|
$149,757
|
-9.1%
|
|
Accounts Rec.
|
$134,600
|
$120,463
|
+11.7%
|
|
Liabilities
|
Q4 2005
|
Q4 2004
|
% Change
|
|
Long-Term Debt
|
$107,288
|
$113,038
|
-5.1%
|
|
Accounts Pay.
|
$108,395
|
$93,694
|
+15.7%
|
Inventories at work.
Cash Flow Highlights
Data not provided. (Boo! Hiss!)
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Related Foolishness:
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check
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for more of our in-depth discussion of what the numbers mean.
At the time of publication, Fool analyst Andy Cross did not own shares in any company mentioned. Fool rules are here.