Skechers USA Inc. posted net earnings of $27.9 million for the fourth quarter, compared to a net loss of $20.4 million in the prior year.
The footwear direct marketer and retailer reported net sales of $388.6 million for the quarter ended Dec. 31, a 30.4% increase over $298.1 million the last year.
The Manhattan Beach, CA firm reported that gross margin was 48.7% of sales for the quarter, compared to 31.9% in the prior year…
Network
