Looking ahead to fiscal 2023, the company's predictions are equally optimistic. Skechers estimates it will achieve sales between $7.95 billion and $8.1 billion, with diluted EPS ranging from $3.25 to $3.40.
“As we look to the future and our goal of $10 billion in annual sales by 2026, we remain focused on improving distribution efficiencies, developing new categories including some that will be introduced later this year, enhancing our direct-to-consumer segment, and further expanding our international business, including the acquisition of our Scandinavian distributor, which we believe will deliver increased sales growth in the coming years,” said David Weinberg, chief operating officer at Skechers.
Fibre2Fashion News Desk (DP)