Manhattan Beach, California – Sales at leisure footwear maker Skechers fell 3.2% in the third quarter of 2020 to $1.3 bn.
Gross profit across the business dropped by 4.3% to $625.1m in the quarter.
'Our third quarter sales were a significant accomplishment during a challenging period,' said COO David Weinberg. 'We saw a return to growth in many markets there was a positive sequential trend in the quarter, with September being our strongest month,
In the US, sales increased as retailers replenished their stocks. China, Australia and Germany all had a double digit growth rate. Click-and-collect, big-box retail and e-commerce channels all contributed to the improvement.