For the third quarter of 2009, net sales were $405.37 million, compared to $403.16 million for the same quarter of 2008.

For the first nine months of 2009, net sales were $1.05 billion, compared to $1.14 billion for the same period of 2008. Net earnings attributable to the company were $26.75 million, or $0.57 per diluted share, compared to $75.77 million, or $1.62 per diluted share, for the same period of 2008.

David Weinberg, COO of Skechers USA, said: "Our third quarter sales reached a new record high and we saw our operating income increase by over 31% in spite of the continued soft retail environment. Our improved performance was driven by sales growth in the high single digits in our international business and double digit improvements in our retail channel. Our margins also improved meaningfully in the third quarter due to less close outs and clean, in-line inventory."

A service of YellowBrix, Inc.