@lilmoland8790@Crackfamilia82 That’s exactly what I’m thinking. It might just be coach telling her not to shoot because of her recent injury tho?
Is tonight the night she pops off??! She’s out of my combo for sure haha
@Eyebuydirect why did you stop offering colored lenses with prism prescriptions? I’ve been a loving customer for many years and loved having this option. Sad to report that my most recent purchase was just clear lenses :’(
$SKX Skechers U.S.A., Inc. Earnings Call Key Highlights:
Annual Sales Record: Skechers achieved a new annual sales record of $8 billion in 2023, an increase of $556 million compared to the previous year, highlighting the worldwide demand for its products, innovative marketing, and the strength of its partner network.
Gross Margin Record: The company also achieved a new annual gross margin record of 51.9%, driven by product demand, marketing efforts, and operational efficiencies.
Expansion into New Categories: Skechers expanded its product offerings by introducing football and basketball categories, partnering with notable athletes such as Harry Kane for football and Julius Randle for basketball to elevate brand awareness and enter these large sports markets.
Direct-to-Consumer (DTC) Growth: The DTC segment saw significant growth, increasing by 20% in Q4 and exceeding 50% of total sales for the first time. This growth was supported by strong performance across both physical and digital stores internationally (up 27%) and domestically (up 12%).
Challenges: The Wholesale segment faced challenges, decreasing by 8% in Q4, primarily due to retailers managing inventory levels conservatively. Despite this, the company remains optimistic about returning to growth in the Wholesale business in the first half of 2024.
Retail Store Expansion: Skechers surpassed 5,000 retail stores worldwide, with plans to open 140 to 160 company-owned stores in 2024, continuing its global expansion and brand presence.
Inventory Management and Logistics Investments: Skechers focused on managing inventory levels, reducing them by 16% year-over-year, and continued investing in logistics capabilities to support growth and operational efficiency.
Q4 Financial Performance: In Q4, Skechers reported sales of $1.96 billion (up 4.4%), gross margins of 53.1%, and earnings per share of $0.56 per diluted share (up 17%).
2024 Guidance: For the full year 2024, Skechers expects sales in the range of $8.6 billion to $8.8 billion and net earnings per share in the range of $3.65 to $3.85, reflecting confidence in the brand's strength and consumer demand for its products.
@USPS my tracking says my package was delivered but it was 100% not. I have a camera and there’s no activity at the time stamp. How can I find the package or get in touch with my local post office? Just tried calling 5 times and couldn’t get through to an actual person.
@CSCServiceWork our washer was smoking badly, they “fixed” it, but the problem persists. Now it’s been a month and they can’t find the replacement part??? Replace the whole damn machine!