Record first-quarter sales at Skechers
US-based athletic footwear brand Skechers has reported first-quarter sales of $546.5 million, 21% higher than the year-ago period and the second highest quarterly revenues in the company’s 22-year history.
Chief operating officer David Weinberg said the improvements were achieved despite Easter falling late in April and the extreme cold weather experienced in most of the US throughout the quarter.
Robert Greenberg, Skechers chief executive officer, added: “Record first-quarter sales are evidence that our product initiatives are working and our efforts to elevate our product offering with fresh innovative footwear styles is resonating with consumers.
“We have seen the benefits of leveraging the strength of our brand, product and marketing across international markets as first quarter sales achieved double-digits growth in Europe, Canada, Asia, and other regions. We believe this positive trend will continue as the demand for our brand remains strong globally.”
