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Skechers (SKX) International Revenue in Focus: Trends and Expectations

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Have you evaluated the performance of Skechers' (SKX - Free Report) international operations for the quarter ending June 2025? Given the extensive global presence of this shoe company, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.

In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Investors now place great importance on grasping the extent of a company's dependence on international markets, as it sheds light on the firm's earnings stability, its skill in leveraging various economic cycles and its broad growth potential.

Presence in international markets can act as a hedge against domestic economic downturns and provide access to faster-growing economies. However, this diversification also brings complexities due to currency fluctuations, geopolitical risks and differing market dynamics.

Upon examining SKX's recent quarterly performance, we noticed several interesting patterns in the revenue generated from its international segments, which are commonly analyzed and observed by Wall Street experts.

The company's total revenue for the quarter stood at $2.44 billion, increasing 13.1% year over year. Now, let's delve into SKX's international revenue breakdown to gain insights into the significance of its operations beyond home turf.

Unveiling Trends in SKX's International Revenues

Europe, Middle East & Africa generated $731.5 million in revenues for the company in the last quarter, constituting 30% of the total. This represented a surprise of +25.96% compared to the $580.72 million projected by Wall Street analysts. Comparatively, in the previous quarter, Europe, Middle East & Africa accounted for $718.2 million (29.8%), and in the year-ago quarter, it contributed $492.5 million (22.8%) to the total revenue.

Of the total revenue, $595.5 million came from Asia Pacific during the last fiscal quarter, accounting for 24.4%. This represented a surprise of +3.87% as analysts had expected the region to contribute $573.3 million to the total revenue. In comparison, the region contributed $589 million, or 24.4%, and $564.2 million, or 26.2%, to total revenue in the previous and year-ago quarters, respectively.

International Revenue Predictions

The current fiscal quarter's total revenue for Skechers, as projected by Wall Street analysts, is expected to reach $2.53 billion, reflecting an increase of 7.7% from the same quarter last year. The breakdown of this revenue by foreign region is as follows: Europe, Middle East & Africa is anticipated to contribute 28.5% or $720.5 million, and Asia Pacific 23.1% or $584.48 million.

For the full year, the company is projected to achieve a total revenue of $9.67 billion, which signifies a rise of 7.8% from the last year. The share of this revenue from various regions is expected to be: Europe, Middle East & Africa at 26.8% ($2.59 billion), and Asia Pacific at 25% ($2.42 billion).

Final Thoughts

Relying on global markets for revenues presents both prospects and challenges for Skechers. Therefore, scrutinizing its international revenue trends is key to effectively forecasting the company's future outlook.

In an environment where global interconnections and geopolitical skirmishes are intensifying, Wall Street analysts keep a keen eye on these trends, particularly for firms with overseas operations, to adjust their earnings predictions. Moreover, a range of other aspects, including how a company fares in its home country, significantly affects these projections.

At Zacks, a company's changing earnings outlook is given considerable attention due to its proven, strong influence on a stock's price performance in the near term. The connection here is straightforward and positive: when earnings estimates are revised upward, the stock price generally follows suit, increasing as well.

Our proprietary stock rating tool, the Zacks Rank, with its externally validated exceptional track record, harnesses the power of earnings estimate revisions to serve as a dependable measure for anticipating the short-term price trends of stocks.

At present, Skechers holds a Zacks Rank #3 (Hold). This ranking implies that its near-term performance might mirror the overall market movement. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Skechers' Recent Stock Market Performance

The stock has declined by 0.3% over the past month compared to the 2.7% increase of the Zacks S&P 500 composite. Meanwhile, the Zacks Consumer Discretionary sector, which includes Skechers,has decreased 2.8% during this time frame. Over the past three months, the company's shares have experienced a gain of 1.4% relative to the S&P 500's 13.2% increase. Throughout this period, the sector overall has witnessed a 7.7% increase.


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