Branded footwear marketer Skechers Q2 sales go up 12.5%
28 Jul '05
4 min read
Given their new marketing plans, new products and early response from retailers, they are excited about next week's WSA trade show. They believe their company is savvier than ever. their products and marketing are on target in all their divisions, which they believe should result in continued year-
over-year improvements."
The Company now expects third quarter 2005 net sales to be in the range of $270 million to $280 million and net earnings per diluted share of $0.25 to $0.30.
Note that statements made by Mr. Weinberg and Mr. Greenberg may involve future goals and targets, based upon current expectations and current plans. These comments are forward looking, plans may change and actual results may differ materially.
Manhattan Beach based online store SKECHERS USA Inc designs, develops and markets branded footwear for men, women and children. The Company offers a balanced assortment of basic and fashionable merchandise, which is sold to department stores and specialty retailers, as well as directly to consumers through company-owned SKECHERS retail stores and e-commerce.
The company is quickly growing into a head-to-toe family offering - thanks to the brand's nine domestic and worldwide strategic licensing agreements.
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