Record Q2 results at Skechers USA

27/07/2006

American footwear designer and developer Skechers USA, Inc. has reported higher sales for the second quarter ended June 30.

Net sales for the quarter rose 10.7% to $292.2 million compared with $263.9 million in the second quarter of 2005. Net earnings were $17.6 million versus net earnings of $15.9 million in the prior year period.

For the six months ended June 30, net sales were $569.7 million compared with net sales of $510.1 million in the corresponding period in 2005. Net earnings were $34.2 million, compared with net earnings of $26.2 million in the first six months of 2005.