On Oct. 25, Skechers USA
- Revenues increased 21.4% because of growth across all channels of distribution, which include domestic, international, wholesale, retail, and e-commerce.
- Skechers had a record-breaking quarter, surpassing $300 million in sales, mainly because of their infrastructure and marketing tactics.
- Comparable-store sales were in the double digits, boosted by strong back-to-school sales.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|---|
|
Sales |
$317 |
$331 |
$273 |
21.4% |
|
Net Profit |
-- |
$22 |
$13 |
75.7% |
|
EPS |
$0.40 |
$0.49 |
$0.30 |
63.3% |
|
Diluted Shares |
-- |
46 |
45 |
3% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
44.18% |
42.32% |
1.86 |
|
Operating Margin |
10.41% |
7.86% |
2.55 |
|
Net Margin |
6.70% |
4.63% |
2.07 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$205 |
$183 |
12.2% |
|
Accounts Rec. |
$172 |
$130 |
32.2% |
|
Inventory |
$177 |
$132 |
34.0% |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$141 |
$92 |
53.7% |
|
Long-Term Debt |
$17 |
$18 |
(4.1%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
We will, we will stomp you -- for not including a cash flow statement.
Find out why Fools always follow the money.
Related Companies:
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Nike
(NYSE:NKE) -
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(NYSE:WWW)
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