Record Sales Achievement
Skechers achieved record sales in the first quarter of 2025, with $2.41 billion in revenue, or $2.46 billion on a constant currency basis. This is a significant milestone for the company.
Strong International Growth
International sales accounted for 65% of the total business, with EMEA growing by 14% and The Americas by 8.3%. Excluding China, APAC sales grew 12%.
Wholesale and Direct-to-Consumer Growth
Wholesale sales increased by 7.8%, and direct-to-consumer sales grew by 6% year over year, indicating strong performance across multiple channels.
Expansion of Retail Footprint
Skechers ended the quarter with 5,318 stores worldwide, opening 51 company-owned stores and planning to open an additional 150 to 170 stores in Q2 2025.