How did Skechers' revenue and expenses trend in Q4 2024?

Skechers' revenue and expenses in Q4 2024 showed notable trends: 1. **Revenue Growth**: Skechers experienced significant revenue growth in Q4 2024, with a reported increase of 15.9% year-over-year to $2.35 billion. This growth was driven by strong performances across various segments: - The Wholesale segment saw a 20.6% increase in sales. - The Direct-to-Consumer segment showed a 9.6% growth. - International regions, including EMEA, the Americas, and Asia Pacific, contributed to the overall growth, with specific countries experiencing double-digit gains. 2. **Net Income Growth**: The company's net income for Q4 2024 was $225.07 million, which, when compared to the previous year, indicates a positive trend. However, specific year-over-year growth figures are not available in the provided data. |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |SKX|SKX.N|Skechers U.S.A.|2024 Q2|7.2112221716498155|2.157643E9|169| |SKX|SKX.N|Skechers U.S.A.|2024 Q3|15.938454032133013|2.347705E9|169| |SKX|SKX.N|Skechers U.S.A.|2024 Q4|12.824257753934337|2.212416E9|169| |SKX|SKX.N|Skechers U.S.A.|2025 Q1|7.105388332762624|2.411571E9|169| |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |SKX|SKX.N|Skechers U.S.A.|2024 Q2|-9.39460191758039|1.64524E8|169| |SKX|SKX.N|Skechers U.S.A.|2024 Q3|26.145992791967505|2.09309E8|169| |SKX|SKX.N|Skechers U.S.A.|2024 Q4|2.9180415589048425|1.15402E8|169| |SKX|SKX.N|Skechers U.S.A.|2025 Q1|-6.3674712328083265|2.25072E8|169| 3. **Profit Margins**: Skechers maintained healthy profit margins in Q4 2024, with a Gross Margin of 53.15%, Operating Margin of 10.08%, and Net Margin of 8.13%. These figures suggest efficient cost management and profitability. |code|Ticker|Name|Date|Gross Profit Margin|Operating Profit Margin|Net Profit Margin|market_code| |---|---|---|---|---|---|---|---| |SKX|SKX.N|Skechers U.S.A.|2023 Q4|51.9028|9.809405647908552|8.1237|169| |SKX|SKX.N|Skechers U.S.A.|2024 Q1|52.4801|13.27055094917496|10.6759|169| |SKX|SKX.N|Skechers U.S.A.|2024 Q2|53.6618|11.460708559090817|9.1831|169| |SKX|SKX.N|Skechers U.S.A.|2024 Q3|53.1175|10.93325598070723|9.0901|169| 4. **Expense Management**: While the company reported an increase in operating expenses, which is common with expanding business operations, the specific figures for Q4 2024 are not provided. However, the overall trend of increased sales and profitability indicates effective expense management. 5. **Cash Flow and Share Repurchases**: Skechers continued its share repurchase program, repurchasing $90 million of Class A common stock in Q3 2024. This activity reflects confidence in the company's financial health and potential future growth. In conclusion, Skechers demonstrated robust revenue growth and maintained strong profit margins in Q4 2024, accompanied by effective expense management and positive cash flow trends, which are indicative of a healthy financial performance.