Skechers USA Inc at Morgan Stanley Global Sporting Goods Conference Transcript
My name is Albert Lin. I am the Consumer Sector Specialist here at Morgan Stanley. I work in the Institutional Equities division. I am super pleased to host Skechers today at our Second Annual Global Sporting Goods Day. So let's just start a little bit with about who Skechers is.
Skechers is a $6 billion market cap branded footwear company with over 4,000 stores worldwide across 180 countries. Its products offering span over 3,000 styles and over 30-plus brands serving all genders, ages and categories. And it ranks as the #1 brand for walk, work, casual and casual lifestyle shoes in the U.S.
Skechers generated over $6 billion in sales in 2021, nearly 60% of which were international and is on track to deliver more than $7 billion in sales in 2022. Today, we're joined by Skechers' Chief Financial Officer, John Vandemore. John joined the company in 2017 and has great experience, over 2 decades of business finance experience, including senior finance roles at Mattel, International Game Technology and Disney. John, thanks so much for joining us today, and welcome.
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