USA: Skechers Announces ‘Record’ Q1 Results
Footwear firm Skechers USA Inc today announced record financial results for the first quarter ended 31 March 2002. Net sales rose 7.7 per cent to $244.9 million compared to $227.5 million in the first quarter last year, and net earnings increased 18.6 per cent to $20.3 million, up from $17.1 million.