Skechers' Fashionable Profits in Q4: Fool by Numbers

Recs

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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

Q4 2005

Q4 2004

Change

Gross Margin

41.63%

39.70%

1.93%

Op. Margin

4.73%

0.89%

3.84%

Net Margin

2.64%

1.03%

1.61%



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!)

Related Companies:

  • Nike (NYSE: NKE)
  • Guess? (NYSE: GES)
  • K-Swiss (Nasdaq: KSWS)
  • Steven Madden (Nasdaq: SHOO)
  • Stride Rite (NYSE: SRR)

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 Fool.com 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.

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11/10/2009 4:00 PM
GES $40.32 Up +0.73 +1.84%
Guess?, Inc. CAPS Rating: ***
NKE $64.47 Down -0.85 -1.30%
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SKX $23.50 Down -0.18 -0.76%
SKECHERS USA INC CAPS Rating: ***
KSWS $8.24 Down -0.48 -5.50%
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