Skechers Puts Up Impressive 2Q Results Ahead of Go-Private -- Market Talk

Dow Jones

08/09

1712 ET - Skechers USA is running in the right direction. The shoe company, which is slated to go private, announced 2Q results Friday that showed sales rose 13% to $2.44 billion while earnings rose 22% to $170.5 million. The performance shows the company is humming ahead of its sale to private equity firm 3G Capital, in a $9.4 billion deal announced in May. The results come a day after clog and sandal company Crocs warned sales would tumble in its current quarter, prompting a sharp decline in its stock price. (denny.jacob@wsj.com; @pennedbyden)

(END) Dow Jones Newswires

August 08, 2025 17:12 ET (21:12 GMT)

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