Footwear company Skechers announces sales guidance for Q4
10 Jan '06
3 min read
Global leader in lifestyle footwear, SKECHERS USA Inc announced that it expects fourth-quarter 2005 sales to be at the top end of its $210-$220 million guidance.
The Company now expects year-end 2005 revenues to exceed one billion dollars.
'SKECHERS has evolved into a multi-brand footwear company consisting of more than 20 divisions,' began Robert Greenberg, SKECHERS Chief Executive Officer.
'He is most impressed with their diverse creative and sourcing skills, which have enabled SKECHERS to produce athletic and non-athletic footwear for men, women and children.
Along with their diverse marketing abilities, they have built a worldwide platform that they believe will grow their many brands in their wholesale and retail channels into the future.
They are where they are due to the hundreds of talented individuals who make up the SKECHERS family, for without their skills and devotion they could never have reached one billion dollars in sales.
He is extremely proud of their team and all they have accomplished, and He's excited about the many growth opportunities that lie ahead.'
Michael Greenberg, SKECHERS President, said: 'Their success over the years is attributable to their diverse product offering, consistent marketing efforts, and strong retail partners.
Through their SKECHERS and uniquely branded lines, they reach a broad demographic and appeal to families, savvy trend setters, the urban community, and juniors.