Skechers posts double-digit revenue and earnings growth while advancing its record-setting move to go private. Releasing its second-quarter fiscal 2025 financial results after the bell on Friday. As the Manhattan Beach-based company forges ahead on the path to privatization, its top and bottom lines show momentum that surprised even optimistic analysts.
Q2 2025 Highlights: Surpassing Wall Street Expectations
- p]:pt-0 [&>p]:mb-2 [&>p]:my-0″>This result significantly outperformed analyst consensus, which predicted revenues between $2.3 and $2.38 billion for the quarter, according to Yahoo Finance.
- Channel Breakdown: Balanced Wholesale and DTC Gains
Skechers reported strength across the business:
- p]:pt-0 [&>p]:mb-2 [&>p]:my-0″>Direct-to-consumer (DTC) sales improved 11.0% in the quarter, signaling continued demand from loyal and new customers both online and in stores.
Profits and Shareholder Returns Rise Sharply
- p]:pt-0 [&>p]:mb-2 [&>p]:my-0″>Diluted earnings per share (EPS) rose 21.5% to $1.13 compared to 91 cents in Q2 2024.
- Notably, the company’s usually vocal management team did not issue comments in the Friday release, choosing instead to let the results—and ongoing strategic moves—speak for themselves.
Historic Go-Private Deal Moves Forward
2025 isn’t just another growth year for Skechers. In May, the company confirmed a deal to go private with a $9 billion buyout led by Brazilian private-equity giant 3G Capital—the largest in shoe industry history. The complex deal structure allows shareholders to elect $63 per share in cash or $57 per share in cash and an additional unlisted, non-transferable equity unit in a new parent entity for Skechers post-closing.
This transaction is a reflection of the long-term vision and business strategy of Robert and Michael Greenberg, the father-son team who founded Skechers and evolved it from a family footwear project into a global leader with staying power.
Legal Hurdles Cleared, Timeline on Track
Progress toward closing accelerated in July after a federal district court judge in Los Angeles denied a pension investor’s injunction bid to delay the acquisition. With the court’s denial, Skechers is set to move forward with the historic transaction.
When first announced in May, the expected closing was targeted for Q3 2025. Once finalized, Skechers will remain headquartered in Manhattan Beach, California, and current management will keep steering the firm’s direction.
Outlook: Foundation for the Future
As Skechers continues to post strong operational results even amid major ownership changes, the brand’s leadership remains committed to growth, operational resilience, and innovation in footwear. Customers—and the industry at large—can expect the same creative spirit and commitment to diverse products as the company transitions to its next chapter.
For more updates on Skechers’ earnings and its transition to private ownership, follow financial news channels and the company’s official website.
Author Profile
- Alyssa Jade is a international fashion stylist and trend reporter based in Vancouver, Canada. Renowned for her versatile and expansive portfolio, Alyssa has collaborated with a diverse array of professionals, including athletes, political figures, television hosts, and business leaders. Her styling expertise extends across commercial campaigns, fashion editorials, music videos, television productions, fashion shows, and bridal fashion.
Latest entries
BusinessFebruary 10, 2026Why Innovation Has Become Luxury’s New Authority in Footwear and Apparel
NewsFebruary 10, 2026ASRV Brings Back Japanese Engineered Deltapeak Hoodies and Joggers
FashionFebruary 10, 2026Li Ning FW26 Collection ‘The Athlete in All of Us’ Presents Winter Sport Storytelling in Milan
ShoesFebruary 9, 2026The 10 Footwear Brands Setting the Industry Standard For Sustainability
