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LOS ANGELES--(BUSINESS WIRE)--Skechers USA, Inc. (NYSE: SKX), The Comfort Technology Company™, today announced that the Company will release its fourth quarter and full year 2023 financial.
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Skechers beat its own expectations for sales and profits in the third quarter of 2023. The Los Angeles-based footwear company reported record quarterly sales of $2.02 billion, which were up 7.8.
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Third Quarter 2023 Financial Results Third quarter sales increased 7.8% as a result of an 8.6% increase internationally and a 6.5% increase domestically. Direct-to-Consumer increased 23.8% and Wholesale decreased 1.4%. On a constant currency basis, sales increased 6.7%.
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Prices displayed already reflect this discount. Exceptions apply on select brands; Nike, Vans, Timberland, Dr. Martens, Skechers Work, TY, Crocs, Jansport, ALDO, Call it Spring, Kombi and accessories. Cannot be combined with any other offer. Valid in store and online from December 18th until January 4th, 2023 11:59PM (EST).
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More importantly, Skechers' shoes are often on the affordable side of things, so it's always easy to grab one or two pairs—like right now when Skechers is having an end-of-season sitewide sale.
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