Day: February 6, 2025
Skechers Posts Record Sales in 2024, But Misses Forecast
Skechers USA Inc. finished 2024 with record annual sales of $8.97 billion. The Manhattan Beach, Calif.-based footwear company reported net sales in the fourth quarter of fiscal 2024 of $2.21 billion, a 12.8 percent increase from $1.96 billion the same time last year. Net earnings in Q4 were $99.3 million and diluted earnings per share…
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Brooks Says It Was the Top ‘Adult Performance Running Shoe Brand’ in US in 2024, Led Specialty Channel in Q4
Brooks wrapped up 2024 with record global revenue. According to the Seattle-based performance running brand, reported revenue was up 9 percent year-over-year, fueled by growth in every region and channel. This outcome marked eight consecutive years of growth for the running brand, which delivered a 13 percent compound annual growth rate over that horizon. Brooks…
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