Skechers U.S.A., Inc. experienced a significant postmarket rally following the announcement of a record Q1 revenue of $2.25B driven by strong international sales, direct-to-consumer sales, and wholesale growth, resulting in a 12.5% increase year-over-year. The company surpassed earnings expectations with a GAAP EPS of $1.33, beating estimates by $0.23. Skechers achieved improved profit margins with gross margin expanding to 52.5%. The company provided an optimistic outlook for the full year, aiming for sales between $8.725B to $8.875B and EPS guidance of $3.95 to $4.10, surpassing consensus estimates and prior outlook. The stock price surged following the earnings beat, indicating investor confidence in Skechers' performance and growth potential.