{"content":[{"text":"July 25, 2012","bbox":{"left":0.098039,"top":0.06867,"width":0.116546,"height":0.016926999999999998}},{"text":"SKECHERS Announces Second Quarter \n 2012 Financial Results","bbox":{"left":0.098039,"top":0.10609,"width":0.7474149999999999,"height":0.068892}},{"text":"Net Sales of $384.0 Million \n Net Loss of $1.8 Million \n Diluted Loss Per Share of $0.04","bbox":{"left":0.147059,"top":0.196511,"width":0.292882,"height":0.052912000000000015}},{"text":"MANHATTAN BEACH, Calif.--(BUSINESS WIRE)-- SKECHERS USA, Inc. (NYSE:SKX), a \n global leader in lifestyle footwear, today announced financial results for the second quarter \n ended June 30, 2012.","bbox":{"left":0.098039,"top":0.26564,"width":0.7853580000000001,"height":0.052912000000000015}},{"text":"Second quarter 2012 net sales were $384.0 million compared to $434.4 million for the \n second quarter of 2011. Second quarter 2012 net loss was $1.8 million or a loss of $0.04 per \n diluted share based on 49,296,000 weighted average common shares outstanding compared \n to a net loss of $29.9 million or a loss of $0.62 per diluted share based on 48,341,000 \n weighted average common shares outstanding for the second quarter of 2011.","bbox":{"left":0.098039,"top":0.334769,"width":0.806439,"height":0.08889600000000003}},{"text":"\"Results for second quarter 2012 show continued sales improvements with growth in our \n company-owned retail stores and in many of our heritage lines, as well as the new Skechers \n Performance Division,\" began David Weinberg, chief operating officer and chief financial \n officer. \"The focus at this time last year was the clearing of excess toning inventory which is \n now substantially complete and allows us to capitalize on the strength of our brand by selling \n more full priced product while offering new lifestyle and performance looks. This has resulted \n in an increase in average selling price per pair in our domestic wholesale business. In our \n company-owned SKECHERS domestic concept stores, which are the first to receive our new \n products, we achieved low single-digit positive comp store sales and a high single-digit \n percentage pair increase.\"","bbox":{"left":0.098039,"top":0.439882,"width":0.803472,"height":0.178859}},{"text":"For the six months ending June 30, 2012, net sales were $735.3 million compared to net \n sales of $910.6 million in the first six months of 2011. Net loss was $5.4 million or a loss of \n $0.11 per diluted share based on 49,281,000 weighted average common shares outstanding \n as compared to net a loss of $18.1 million or a loss of $0.38 per diluted share based on \n 48,292,000 weighted average common shares outstanding for the first six months of 2011.","bbox":{"left":0.098039,"top":0.634958,"width":0.801404,"height":0.088897}},{"text":"Gross profit for the second quarter of 2012 was $171.3 million or 44.6 percent of net sales \n compared to $143.3 million or 33.0 percent of net sales for the second quarter of last year. \n Gross profit for the first six months of 2012 was $327.0 million or 44.5 percent of net sales \n versus $335.9 million or 36.9 percent of net sales for the first six months of 2011.","bbox":{"left":0.098039,"top":0.740072,"width":0.78216,"height":0.07090400000000008}},{"text":"Robert Greenberg, SKECHERS chief executive officer, commented: \"During the second \n quarter, SKECHERS celebrated its 20th anniversary, which gave us the opportunity to reflect \n on our accomplishments over the last two decades. As we look ahead, each day, new line, \n and business channel presents not only new challenges, but also new opportunities for the \n Company. We have recently entered the performance running market and received “Most \n Innovative” awards from both Competitor and Women’s Running magazines for our first","bbox":{"left":0.098039,"top":0.827193,"width":0.800542,"height":0.1097300000000001}}],"images_bbox":[{"left":0.656863,"top":0.068182,"width":0.245098,"height":0.017045}],"images_bbox_not_text_overlap":[{"left":0.656863,"top":0.068182,"width":0.245098,"height":0.017045}]}