Skech's Net Sales Amounted To $1 Billion 860 Million In The First Half Of This Year.

July 25th, the United States

Skechers (

In the second quarter, net sales increased to US $877 million 800 thousand (about 5 billion 860 million yuan), compared with net sales of 8.005 (about 5 billion 450 million yuan) billion in the same period last year, setting a new net sales record.

In addition, Skechers's net sales in the first half of this year reached 18.6 (about 12 billion 400 million yuan) billion.

According to Skechers financial report, Skechers's second quarter net sales growth can be attributed to its international store's net sales growth of 40.5%, and the growth of Skechers's international subsidiaries and joint ventures by 34.6%.

In addition, according to Skechers's chief operating officer and chief financial officer, David Weinberg, international wholesale and

It covers 41.9% of total sales in the second quarter, and 45% of total sales in the first half of 2016. "

It is reported that Skechers's gross profit in the second quarter of last year was US $374 million 600 thousand (about 2 billion 500 million yuan), accounting for 46.8% of sales, while gross profit in the second quarter of this year increased to 4.163 (about 2 billion 780 million yuan) billion, accounting for 47.4% of sales.

Net income in the second quarter dropped from $79 million 800 thousand (about 530 million yuan) to 74 million 100 thousand US dollars (about 490 million yuan), while the net income of Skechers in the first half of the year increased from 1.359 (about 900 million yuan) to US $171 million 700 thousand (about 1 billion 140 million yuan).

In addition to expanding international retail sales, Skechers expanded its UK headquarters in June this year, and opened a European distribution centre in July of that year.

It is understood that Skechers currently has 628 million 800 thousand dollars (about 4 billion 160 million yuan) cash and cash equivalents.

In addition, according to the growth trend of its international business, Skechers expects net sales in the next quarter to be between us $950 million -9.75 billion (about 6 billion 340 million yuan -65.1 billion yuan).