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920-106 NNCSS SYMPOSIUM call CENTER

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920-106 exam Dumps Source : NNCSS SYMPOSIUM call CENTER

Test Code : 920-106
Test denomination : NNCSS SYMPOSIUM call CENTER
Vendor denomination : Nortel
: 90 true Questions

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Nortel NNCSS SYMPOSIUM call CENTER

VoIP certification tracks - Nortel's champion certifications | killexams.com true Questions and Pass4sure dumps

As outlined in a previous tip, agencies are enforcing IP telephony extra frequently on their information infrastructures. The elevated deployment has created a exigency for licensed IP telephony engineers to provide proven, premier-of-breed know-how.

The IP telephony certifications Nortel at present offers are divided into 4 classes: assist expert, Design expert, aid expert, and Design knowledgeable. This tip discusses the Nortel assist song.

aid specialist

The usher specialist certifications are suppositious to display someone's faculty to do in force, function, and troubleshoot a Nortel Networks IP Telephony answer. The assist specialist certification reflects a candidate with three to 6 months of sustain that may deal with hobbies technical issues of a gauge Nortel IP Telephony solution.

NNCSS - VoIP Succession BCM three.0

This certification assessments the faculty to enforce, operate, and troubleshoot the company Communications supervisor 3.0. This certification covers hardware, start-up, facts and voice networking, applications, and troubleshooting the BCM. To stream the certification, two tests exigency to be efficiently achieved: technology standards and Protocols for IP Telephony solutions, and Succession BCM three.0. The expertise necessities and Protocols for IP Telephony solutions exam is a top smooth view of convergence applied sciences.

NNCSS - CallPilot Rls. 2.0

This certification tests the capacity to enforce, operate, and troubleshoot the VoIP CallPilot 2.0. This certification covers hardware, administration, interoperability with Meridian 1 switches, and protection of a sole web page CallPilot equipment. To stream the certification, two exams should be efficiently achieved: Meridian Database and CallPilot 2.0.

NNCSS - Symposium denomination core Server or Symposium call core Server installation and preservation

These two certifications check the means to do in force, function, and troubleshoot the Symposium call core Server. both certifications cowl hardware, utility installation, administration, and renovation of Symposium denomination center Server four.2, Symposium net client four.0, and Symposium categorical three.0. besides the fact that children, the Symposium denomination middle Server certification also checks the architecture, custom configuration and integration of the server. To stream either of these certifications, one examination must be correctly completed: Symposium call center or Symposium denomination middle installation and upkeep, respectively.

NNCSS - Symposium denomination middle TAPI/Agent or denomination center TAPI/Agent installation and upkeep

These two certifications test the skill to enforce, operate, and troubleshoot the Symposium call middle TAPI/Agent. both certifications cover hardware, utility installing, administration, and maintenance of Symposium TAPI 2.3 and Symposium Agent 2.3. despite the fact, the Symposium call middle TAPI/Agent certification also exams the architecture, integration, and custom configuration of the TAPI/Agent. To stream both of those certifications, one examination must be successfully completed: Symposium call center TAPI/Agent or Symposium call center TAPI/Agent Inst/main, respectively.

NNCSS - Symposium categorical denomination core or Symposium specific denomination middle installing and preservation

These certifications examine the capacity to do into effect, operate, and troubleshoot the Symposium categorical call core. each certifications cover hardware, utility setting up, administration, and renovation of Symposium express call middle four.2. however, the Symposium specific denomination core certification additionally checks the structure and integration of the denomination middle. To pass either of the certifications, one examination should be effectively achieved: Symposium express denomination center or Symposium express call core Inst and Maint respectively.

NNCSS - VoIP Multimedia verbal exchange Server (MCS) 5100 2.0

This certification checks the skill to do in force, function, and troubleshoot the VoIP Multimedia conversation Server (MCS) 5100 2.0. This certification covers installation of the hardware and software, configuration, upkeep, and management of the Multimedia communication Server (MCS) 5100 2.0. To stream the certification, two checks should be efficaciously completed: technology specifications and Protocols for IP Telephony solutions, and VoIP Multimedia communique Server (MCS) 5100 2.0. The expertise requisites and Protocols for IP Telephony options examination is an overview of convergence technologies.

NNCSS - VoIP Succession a thousand/1000M Rls. three.0 DB Administrator

This certification checks the faculty to preserve and troubleshoot the VoIP Succession one thousand/1000M Rls. three.0 DB Administrator. This certification covers the structure, configuration, preservation, and management of the Meridian 1, Succession a thousand Rls. 3.0, and Succession 1000M Rls. three.0 the employ of primary Alternate Route preference (BARS) and community Alternate Route preference (NARS). To scoot the certification, two assessments must be efficaciously accomplished: expertise specifications and Protocols for IP Telephony options, and Succession a thousand/1000M Rls. 3.0 DB Administrator.

NNCSS - VoIP Succession a thousand/1000M Rls. three.0 installing and upkeep

This certification assessments the capacity to install, configure, and hold the VoIP Succession 1000/1000M Rls. 3.0. This certification covers the installation, structure, configuration, upkeep, and administration of the Meridian 1, Succession a thousand Rls. 3.0, and Succession 1000M Rls. three.0, information superhighway Telephones i2xxx, and Optivity Telephony manager (OTM) 2.1. To stream the certification, three checks ought to be efficaciously achieved: expertise requisites and Protocols for IP Telephony solutions, and Succession a thousand/1000M Rls. 3.0 for Technicians, and Succession one thousand/1000M Rls. 3.0.

help expert

The champion expert certifications construct on the specialist's scholarship via demonstrating their faculty to do in force, operate, and troubleshoot an superior Nortel Networks IP Telephony answer. The serve knowledgeable certifications replicate a candidate with six to 12 months of arms-on event with the capacity to usher or champion intermediate-level personnel to maintain complicated Nortel IP Telephony solutions.

NNCSE - CallPilot 2.0 Unified Messaging options

This certification exams the capability to do in force, operate, troubleshoot and optimize the VoIP CallPilot Unified Messaging solution 2.0. This certification covers the setting up, administration, interoperability, protection, upgrade tactics and absorb usage for a multi website CallPilot equipment. To scoot the certification, the candidate should first gain their NNCSS - CallPilot Rls. 2.0. because of this, the CallPilot 2.0 Unified Messaging options should be correctly achieved to acquire this certification.

NNCSE - Contact core

This certification tests the potential to do in force, function, troubleshoot and optimize the Contact center products. This certification covers the candidate's capabilities on the Symposium denomination center Server (SCCS)/Symposium specific denomination center/Symposium web client, Symposium TAPI carrier company (TAPI SP), Symposium Agent, and the Symposium internet middle Portal. To stream the certification, the candidate must first achieve their NNCSS - Symposium call middle Server and the NNCSS - Symposium denomination center TAPI/Agent certification. in consequence, the Contact middle examination absorb to be correctly completed to obtain this certification.

NNCSE - IP Convergence Succession a thousand/1000M Rls. 3.0

This certification exams the faculty to installation, configure, preserve, and optimize the VoIP Succession one thousand/1000M Rls. 3.0. This certification covers the configuration, succession branch workplace (BO), faraway workplace, operation, and Meridian 1 to Succession 1000M three.0 migration strategies for the Succession 1000/1000M Rls. 3.0, web Telephones i2xxx, far flung office 91xx, and Optivity Telephony manager (OTM) 2.1. To stream the certification, the candidate absorb to first attain their NNCSS - VoIP Succession CSE a thousand Rls. 2.0 or the VoIP Succession one thousand/1000M Rls. three.0 setting up & renovation certification. consequently, one other greater intricate version of the Succession a thousand/1000M Rls. 3.0 exam ought to be effectively completed to achieve this certification.

within the IT business, certifications are a system to validate a person's potential inside a minute enviornment. The above Nortel IP Telephony certifications are one of the gear that can exhibit the capabilities of an IP Telephony usher skilled. These certifications could not supplant years of trade experience, but they Do give the basis to aid and manipulate Nortel Voice over IP options.

The subsequent tip will dispute Nortel's Design IP Telephony certification music.

Richard Parsons (CCIE#5719) is a manager of professional features for Callisma Inc., a totally owned subsidiary of SBC. He has constructed a pretty advantageous groundwork in networking ideas, superior troubleshooting, and monitoring in areas comparable to optical, ATM, VoIP, routed, routing, and storage infrastructures. wealthy resides in Atlanta GA, and is a graduate of Clemson college. His historical past comprises senior and primary consulting positions at international network capabilities, Lucent, and Callisma.


Flextronics foreign, Inc. this autumn 2006 incomes conference denomination Transcript (FLEX) | killexams.com true Questions and Pass4sure dumps

No outcome found, are trying original keyword!respectable afternoon and welcome to the Flextronics 4th Quarter profits convention name. outright traces will be on listen best unless ... the success of their market-segment strategy; the Nortel agreement; income ...

call centers Booming in Caribbean | killexams.com true Questions and Pass4sure dumps

name centers Booming in Caribbean

by means of MICHAEL MELIAThe associated PressFriday, September 7, 2007; 12:14 AM

SAN JUAN, Puerto Rico -- In a worldwide peruse for most economical customer service, AOL considered denomination centers in India and other hotspots _ then settled on the tiny island of St. Lucia.

In choosing the Caribbean island, AOL _ a unit of Time Warner Inc. _ joined different U.S. agencies which absorb made the site a brand original international hub for call facilities.

Plunging communication expenses, worker's who relate conveniently to American valued clientele and the area's famed hospitality are attracting American companies, boosting the labor force within the "nearshore" carrier industry in the Caribbean.

Jamaica is among the leaders with about 14,000 employees within the sector. in the Dominican Republic, 18,000 agents, lots of them bilingual, are managing calls in English and Spanish. call facilities committed to consumer provider absorb additionally opened in Barbados, Trinidad, and Dominica.

"The islands outright loom to be really fine as opposed to the surly attitudes you've got in one of the different places. or not it's cheery weather, it's cheery americans," Robert Goodwin, the AOL manager who chose a call core in St. Lucia, famous from his business's headquarters in Dulles, Va.

AOL silent uses call centers in India and somewhere else for technical assist and other functions _ taking handicap of that nation's huge numbers of workers with technical and superior degrees.

however the Caribbean is becoming increasingly aggressive in the denomination core trade, with island governments providing tax and other incentives to entice organizations to their shores. Jamaica, for instance, granted denomination facilities "free zone" repute that allows for homeowners to repatriate 100% of their salary tax-free.

The Caribbean has taken handiest a tiny share of the market from still-sizzling India and the Philippines, however the impact is massive on islands with tiny populations, said Philip Cohen, an industry advisor primarily based in Sweden.

In Montego Bay, a resort area on Jamaica's north coast that money owed for about half the island's call middle jobs, builders absorb impulsively constructed hundreds of concrete, single-family unit homes to accommodate the staff.

"you do a denomination core with one hundred individuals in Barbados and that is the reason a God's reward. With 100 americans in India, you can not even notice it," he referred to.

The industry owes plenty of its success to a telecommunications liberalization that began sweeping former British colonies in the Caribbean about six years in the past. As original suppliers absorb challenged the monopoly of britain-based Cable & wireless PLC, reduce costs allowed the site to compete.

The collections and phone-center company KM2, which holds the AOL contract in St. Lucia, has opened a website in Barbados and proprietor David Kreiss pointed out he is looking to expand once again as original telecoms installation fiber optic cable.

"Whichever island they scoot to they comply with," Kreiss pointed out from his workplace in Atlanta.

The number of americans working at Caribbean denomination facilities has elevated from 11,300 in 2002 to a current complete of 55,000, with an annual monetary impress of $2.5 billion (1.eighty three billion euros), in response to Philip Peters, chief government of Coral Gables, Florida-based Zagada Markets.

Peters, whose enterprise surveys the call middle trade in regions around the globe, spoke of the Caribbean has set itself aside with extravagant service, a trait he attributes to cultural similarities and the impress of the tourism trade.

"they absorb got a history of troubleshooting with american citizens devoid of getting upset," he said.

big American agencies together with Verizon, AT&T, Delta Air strains, AIG and Nortel absorb used Caribbean denomination facilities, while commonly maintaining operations in Asia or somewhere else in case of a hurricane or other catastrophe, Peters observed.

while an dreadful lot of the gains scoot to U.S.-owned operators, the islands welcome the enterprise to diversify their economies and counter extravagant unemployment.

In Jamaica, the site the tremendous majority of 18 call centers are owned through individuals outdoor the island, the starting wage is $2.75 (2.01 euros) to $three.20 (2.34 euros) an hour, in keeping with Christopher McNair of Jamaica's funding merchandising company. "In Jamaica or not it's reasonably an attractive income," he pointed out.

In Puerto Rico, a U.S. territory realm to the federal minimal wage of $5.eighty five (4.28 euros) an hour, about 4,000 americans labor in denomination facilities.

One leading recommend is Dominican President Leonel Fernandez, who spoke of denomination facilities are key to reworking his nation from a low-conclusion meeting core to a data-primarily based economy.

"I notice the digital monetary system because the most suitable probability they within the Dominican Republic absorb ever had of leapfrogging to a original stage of monetary construction," Fernandez instructed a enterprise conference these days.

most of the jobs involve simple, repetitive initiatives, akin to coping with mobilephone orders but governments describe the train as regularly evolving to present greater worrying, expensive functions comparable to technical help.

One Jamaican company, e-capabilities group, began as a data entry operation however now additionally gives various assist including champion constructing net websites and processing insurance claims.

"we absorb now began with consumer provider, and as they proved they may Do greater, they've started riding extra company in," pointed out Patrick Casserly, the executive government officer.

© 2007 The associated Press


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NNCSS SYMPOSIUM call CENTER

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Skechers (SKX) Q4 2018 Earnings Conference call Transcript | killexams.com true questions and Pass4sure dumps

Logo of jester cap with thought bubble with words 'Fool Transcripts' below it

Image source: The Motley Fool.

Skechers (NYSE:SKX)Q4 2018 Earnings Conference CallFeb. 7, 2019 7:30 a.m. ET

Contents:
  • Prepared Remarks
  • Questions and Answers
  • Call Participants
  • Prepared Remarks:

    Operator 

    Greetings and welcome to Skechers fourth-quarter and full-year 2018 earnings conference call. [Operator instructions] As a reminder, this conference is being recorded. I would now relish to swirl the conference over to Skechers. You may begin.

    Unidentified speaker

    Thank you, everyone, for joining us on Skechers conference call today. I will now read the safe harbor statement. confident statements contained herein, including without limitation, statements addressing the beliefs, plans, objectives, estimates or expectations of the company for future results or events may constitute forward-looking statements within the sense of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements involve known and unknown risks, including but not limited to global, national and local economic, industry and market conditions in generic and specifically as they apply to the retail industry and the company.

    There can be no assurance that the actual future results, performance or achievements, expressed or implied, by such forward-looking statements will occur. Users of forward-looking statements are encouraged to review the company's filings with the U.S. Securities and Exchange Commission, including the most recent annual report on figure 10-K, quarterly reports on figure 10-Q, current reports on figure 8-K, and outright other reports filed with the SEC as required by federal securities laws for a description of outright other significant risk factors that may impress the company's business, results of operations, and monetary conditions. With that, I would relish to swirl the call over to Skechers' Chief Operating Officer David Weinberg and Chief monetary Officer John Vandemore.

    David?

    David Weinberg -- Chief Operating Officer

    Good afternoon and thank you for joining us today to review Skechers fourth-quarter and full-year 2018 monetary results. With me on the call is John Vandemore, Skechers' chief monetary officer, who will dispute their monetary results in detail. They achieved a original fourth-quarter sales record of $1.08 billion, an 11.4% multiply over last year. This was the result of their international industry increasing 17.9% and their domestic industry increasing 4.1%.

    On a constant-currency basis, their sales growth for the quarter was 13.7%. Their record fourth quarter follows three prior quarters of record sale, which resulted in a original annual sales record of $4.64 billion. The growth came from a 19.2% multiply in their international industry and a 3.5% multiply in their domestic business. In addition to the record sales, fourth-quarter highlights comprise earnings from operations of $83.7 million, a 50% increase; diluted earnings per share of $0.31; a 4.8% sales multiply in their domestic wholesale business; a 7.5% sales multiply in their company-owned retail stores; and 18.4% sales multiply in their international wholesale business; the result of double-digit increases in their international distributor, subsidiary, and joint venture businesses; expanding their Skechers retail network to 2,998 stores worldwide, including the opening of 11 original company-owned stores and 195 third-party stores; breaking ground on their original distribution and logistics center in China; and repurchasing 1.7 million shares of Class A common stock.

    Highlights for the full year comprise record sales of $4.64 billion, diluted earnings per share of $1.92, obscene margins of 47.9%, international representing 54.2% of their sales, record shipments from their distribution centers in North and South America, Europe, and Japan, maintaining their position in the United States as the No. 1 walking, work, casual lifestyle, and casual dress brand, and repurchasing 3.7 million shares of Class A common stock. They believe four quarters of record sales and record annual earnings of $1.92 per diluted share are a significant achievement. The key to their success was their diverse product offering, which allowed us to expand their achieve into more style accounts in 2018, and their diverse distribution, which offered numerous original growth opportunities.

    These opportunities included the launch of e-commerce sites in India and by their distributor in Russia as well as improving the infrastructure of their digital e-commerce capabilities in the United States. They are silent a relatively youthful brand in developing markets with much opportunities in regions relish Latin America and Eastern Europe as well as in high-growth international countries including China, India, and Mexico. In 2019, their focus will be on continuing to drive sales with original product offerings and building their brands in international markets. Now, turning to their industry channels in detail, their domestic wholesale industry increased 4.8% for the fourth quarter and 0.8% for the full year.

    Domestic wholesale obscene margins increased 140 basis points for the quarter and were flat for the full year. For the year, they maintained their position in the United States as the No. 1 walking, work, casual lifestyle and casual dress brand, and moved up to one position to be the third-largest footwear brand in the United States according to SportsOneSource. They saw their strength across several categories such as men's USA and women's performance, BOBS and work, and in numerous styles such as Skechers D'Lites and men's slip-on.

    To champion their domestic business, they ran multiple marketing campaigns and add the following commercials during the holiday season: for women, a Skechers D'Lite campaign, Skechers Sport and Skechers GOwalk Joy; for men, sport and casual slip-on spots, starring Tony Romo, and sport and casual wide-width footwear featuring Howie Long; for kids, they ran commercials on children's programming for their lighted footwear and Twinkle Toes; and on golf broadcast and networks, their scoot GOLF spot featuring their elite ambassadors, including Matt Kuchar, who is already a two-time Champion this season. They consistently develop original products to meet the needs of their growing consumer basis and reconcile to changes in trends. They absorb begun shipping spring 2019 product and are looking forward to sell-throughs for spring as well as account relations -- or reactions to their original autumn/winter 2019 collection. International wholesale remains their sole largest distribution channel and continues to represent the largest share of their total sales at 44.3% in the fourth quarter.

    Our international wholesale industry increased by 18.4% for the quarter. This multiply was the result of double-digit growth in their subsidiary, joint venture, and distributor businesses. China contributed significantly with gains of 21.5% or 27.2% on a constant-currency basis. Their international sales, including both wholesale and retail, increased 17.9% for the quarter and 19.2% for the year, and represented over 55% of their sales in the fourth quarter.

    Further detailing their international growth, for the quarter, their wholly owned international subsidiary industry grew by 14.4% and their joint venture wholesale industry by 19.5%. For the quarter, the significant dollar gains came from Germany, Spain, Japan, and Peru within their subsidiaries, and China, India, Malaysia, and Singapore within their joint ventures. China remains the largest country within their international portfolio with an annual sales multiply of 29.1% and approximately 22.8 million pairs shipped in the full year. At the proximate of the year in China, they had 876 Skechers freestanding stores, a total of 2,390 points of sale and a 53% multiply in their annual online sales.

    To champion their growing business, they broke ground on an approximately 1.6 million-square-foot distribution center and logistics facility. The facility is expected to become operational in the second quarter of 2020. Their international distributor industry increased 19.7% in the quarter, primarily due to sturdy gains from Indonesia, Russia, Turkey, and the Middle East. And despite sizable headwinds in the first half of the year, their international distributor sales increased 0.8% for the full year.

    By quarter end, there were 2,306 Skechers-branded stores owned and operated by international distribution partners, joint ventures, and a network of franchisees. In the fourth quarter, 195 third-party-owned stores opened, including their first locations in Cyprus, Northen Cyprus, and Tanzania. Additional stores opened comprise 105 in China, 24 in India, six in Australia, five each in Thailand and Taiwan, four each in South Korea and Spain, three each in Hong Kong, Indonesia and Vietnam, two each in Croatia, Honduras, Malaysia, Mexico, Norway, and the Philippines, and one each in Brazil, Canada, Cambodia, Colombia, Egypt, England, Greece, Iraq, Macau, Netherlands, Northern Ireland, Paraguay, Serbia, Singapore, Switzerland, Turkey, Ukraine, and Uruguay. 40 third-party stores closed in the fourth quarter.

    25 third-party-owned Skechers stores absorb opened so far in the first quarter and three absorb closed, which brings us to 2,328 third-party owned stores as of today. In 2019, they expect to open in excess of 500 third-party-owned Skechers branded stores in the remnant of the year. They continue to notice international as the biggest growth occasion for the company, which is why they absorb transitioned India from a joint venture to a wholly owned subsidiary with approximately 220 Skechers retail stores, of which just over 60 are wholly owned and a original e-commerce platform. India was one of their fastest-growing markets in 2018.

    With another 80 to 100 stores planned for 2019, they notice much potential to grow their industry in this country of 1.3 billion people and believe this will be accretive to their diluted earnings per share in 2019. Mexico was another attractive growth occasion for the Skechers brand, which is why we've reached an agreement in principle to establish a joint venture with their current distribution partner. Operating more than 70 stores today, they believe this market can champion significant additional growth over the coming years. When complete, they believe that this transaction will also be accretive to earnings.

    In their company-owned global retail business, sales increased 7.5% in the fourth quarter, which was the result of sales increases of 3.3% on domestic retail stores and 15.9% in their international store, which on a constant-currency basis was 20.4%. Worldwide comp store sales increased 1.1% in the quarter, which was the result of a 3% multiply in their international stores and a 0.4% in their domestic sales. For the full year, sales increased 12%, which was the result of an multiply of 7.7% in their domestic retail stores and 21.2% in their international stores. Domestically, their obscene margins increased by 450 basis points in the quarter and by 160 basis points for the full year, due to improved pricing and a dwindle in promotional activity.

    Our domestic e-commerce industry continued to grow in 2018 by 8.9% for the quarter and 11.6% for the year. They expect to launch improved functionality, accessibility and user interfaces this year and also roll out company-owned sites in more countries. At year-end, they had 692 company-owned Skechers retail stores, of which 222 were outside the United States. In the fourth quarter, they opened 11 stores, five in the U.S., four in the UK, and one each in Peru and Italy.

    We also remodeled five stores, relocated five stores, and expanded three locations. To-date in this first quarter, they absorb opened two stores and closed four, bringing us to 690 company-owned stores. In 2019, they expect to open approximately 70 to 80 stores, not including the India stores that we'll be opening, and remodel, relocate or expand an additional 20 to 30 existing stores. Now I'll swirl the call over to John to review their financials.

    John Vandemore -- Chief monetary Officer

    Thank you, David. In the fourth quarter, sales increased 11.4% over the prior year to $1.08 billion and represented a original fourth-quarter record for the company. It is especially gratifying that this growth was driven by contributions from each of their industry segments. International wholesale increased 18.4%, which included a 19.5% multiply in their joint ventures, a 19.7% multiply in their distributor business, and a 14.4% multiply from their wholly owned subsidiaries.

    Company-owned global retail same-store sales increased 7.5%, the result of a 3.3% multiply in domestic retail, including e-commerce, and a 15.9% multiply in international retail. Domestic wholesale increased 4.8%. On previous calls, they highlighted their expectation that strange exchange rates would become a headwind in the fourth quarter of 2018 and the front half of 2019. For the quarter, strange exchange rates negatively impacted sales by $22.3 million or roughly 230 basis points of growth.

    Total sales on a constant-currency basis grew 13.7% year over year. obscene profit was $515.7 million, up $61.6 million compared to the prior year. And obscene margin increased over 90 basis points to 47.7%. This improvement was attributable to stronger domestic wholesale and retail margins, which were partially offset by the negative impact of strange currency exchange rate.

    SG&A expenses grew $32.1 million or 7.9% this quarter. Within that, selling expenses decreased $2.1 million to $61.8 million or 5.7% of sales, which was a 90-basis-point improvement from 6.6% of sales in the prior year. generic and administrative expenses were up $34.2 million to $375 million. As a percentage of sales, this was a 40-basis-point improvement from 35.1% in the prior year to 34.7% this quarter.

    The dollar multiply reflects volume gains internationally as well as continued investment in their long-term global growth initiative. This included $8.8 million to champion continued double-digit growth in China. It also included an multiply of $9.4 million in retail from 47 additional company-owned Skechers stores worldwide, of which 11 opened in the fourth quarter and $9.7 million related to domestic and corporate operations, including increased distribution-related costs driven by higher volume. Earnings from operations increased 50.4% versus the prior year to $83.7 million.

    Operating margin improved 200 basis points to 7.7% versus 5.7% in the prior year period. Their income tax rate for the quarter was 18.4%, compared with 194.4% in the prior year period. As a reminder, their prior year rate included the impact of the then recently enacted Tax Cuts and Jobs Act. Excluding the discrete impact of that tax law change, their prior year income tax rate would absorb been 12.2%.

    Our current year efficacious tax rate reflects their final assessment of the impact of the Tax Cuts and Jobs Act. They expect their efficacious tax rate for 2019 to be between 14% and 18%. Net income for the fourth quarter was $47.4 million or $0.31 per diluted share on 155 million shares outstanding, compared to a net loss of $66.7 million or $0.43 per diluted share on 156.1 million shares outstanding in the prior year period. In December 2017 they recorded an income tax expense of $99.9 million, representing $0.64 per diluted share due to the enactment of the Tax Cuts and Jobs Act.

    Excluding that discreet tax item, their adjusted net earnings in the fourth quarter of the prior year were $33.3 million or $0.21 per diluted share. Therefore, on an adjusted basis, their current year net income and earnings per diluted share grew 42.3% and 47.6%, respectively. During the fourth quarter, they acquired approximately 1.7 million shares of their Class A common stock at a cost of $42 million, representing an medium cost of $25.22 per share. Since announcing their share repurchase program last year, they absorb acquired almost 3.7 million shares at a cost of $100 million, representing an medium cost of $27.34 per share.

    At December 31, 2018, $50 million remained available under their existing repurchase authorization. As they absorb stated before, they remain confident in the strength of their poise sheet and their faculty to fund their growth initiatives while continuing to revert cash to shareholders. Their actions this past year reflect that assurance as well as their firm belief that Skechers' recent share cost meaningfully undervalues their current earnings and cash stream profile as well as their long-term growth prospects. And now turning to their poise sheet, at December 31, 2018, they had $1.07 billion in cash, cash equivalents, and investments, which was an multiply of $312.2 million or 41.4% from December 31, 2017.

    Our cash and investments represented approximately $6.94 per diluted share outstanding at December 31, 2018. Trade accounts receivable at quarter discontinuance were $501.9 million, an multiply of $96 million from December 31, 2017. And their DSOs, as of December 31, 2018 were 36 days versus 32 days in 2017. Total inventory, including merchandise in transit, was $863.3 million, a dwindle of 1.1% or $9.8 million from the prior year period.

    This reflects their diligent management of inventory levels globally while fulfilling the requirements for their growth expectations and expanded retail store base. Long-term debt was $88.1 million compared to $71.1 million at December 31, 2017, primarily reflecting borrowings associated with the construction of their original distribution center in China. Working capital increased $114.2 million to approximately $1.62 billion versus $1.51 billion at December 31, 2017, primarily reflecting higher accounts receivable levels as well as increased cash and investment balances. Capital expenditures for the fourth quarter were approximately $45.6 million, of which $19.3 million related to the construction of their distribution center in China, $15.9 million related to 11 original company-owned domestic and international store openings and six store remodels, and $8.3 million related to their international wholesale operations.

    In 2019, they expect their capital expenditures to be approximately $275 million to $300 million. This includes an additional 70 to 80 company-owned retail stores, and 20 to 30 store remodels, expansions or relocations. This also includes the construction of their original distribution center in China, enhancement to their existing distribution centers in the United States and Europe, and the expansion of their corporate headquarters in California. Now turning to their guidance.

    We currently expect first-quarter sales will be in the ambit of $1.275 billion to $1.3 billion and net earnings per diluted share will be in the ambit of $0.70 to $0.75. This guidance takes into account the impact of the existing foreign-exchange headwinds and a shift in some sales from the first to the second quarter due to the timing of Easter this year. It includes the estimated impact of their investments in India but does not comprise the benefit of their pending joint venture in Mexico. It is also primary to point out that in last year's first quarter, they benefited from a discreet tax item associated with the implementation of the Tax Cuts and Jobs Act, which represented $0.07 per diluted share.

    We currently expect no such impact in the first quarter of 2019. I will now swirl the call back to David for closing remarks.

    David Weinberg -- Chief Operating Officer

    Thank you, John. In 2018, they achieved several records, most importantly, record annual sales of $4.64 billion, record operating income as well as record shipments from their distribution centers in North and South America, Europe, and Japan. Their growth in the year came despite strange currency headwinds, economic, and political challenges in several markets and tough comparisons due to the strength of their sales in 2017. They believe the growth is attributable to their diverse product range, which is focused on style, comfort, quality, and innovation at an affordable price.

    We are pleased that the year brought growth in both their heritage looks as well as newer looks from Skechers Cali, BOBS from Skechers, men's sport and casual among others. They continue to invest in their brand through the opening of Skechers retail stores, ending the year at 2,998 companies company-owned and third-party-owned stores. With the opening of stores in the first quarter, they now absorb more than 3,000 Skechers stores around the world. Further, they are planning to unveil a fully upgraded Skechers e-commerce site in the United States and several other countries in the second half of 2019.

    We continue to believe international holds the greatest growth potential, and to this end, this week they completed the repurchase of the minority stake of their India joint venture, transitioning it to a subsidiary and are in the process of transitioning their Mexico distributor to a joint venture. They believe these efforts will be accretive to earnings. As always, they will remain focused on efficiently growing their industry and are pleased that their efforts resulted in both record annual sales and earnings in 2018 and believe they can continue to achieve sturdy results in 2019. And with that, I would relish to swirl the call over to the operator to originate the question-and-answer portion of the conference call. 

    Questions and Answers:

    Operator

    [Operator instructions] Their first question comes from the line of Laurent Vasilescu from Macquarie Group. gladden proceed with your question.

    Laurent Vasilescu -- Macquarie Group -- Analyst

    Good afternoon. Thanks for taking my questions. Congrats on solid results. I wanted to supervene up on the China numbers.

    They looked particularly sturdy in the fourth quarter. How Do they speculate about China for 2019?

    David Weinberg -- Chief Operating Officer

    Well, they notice continued growth and while it's in their numbers and guidance for the first quarter, it's understated by the significant disagreement in currency. So, while they'll be up significant double-digits -- well, at least double digits as far as they can notice in local currency and in pairs shipped, there will only be a slight multiply in volume unless something changes significantly. But they speculate as they scoot through the year, the currency will sort of not absorb as much an impact and will continue to exhibit significant double-digit growth as they scoot into the poise of the year.

    Laurent Vasilescu -- Macquarie Group -- Analyst

    Very helpful. And then on obscene margins, John, maybe you can serve us maybe walk to the drivers of the fourth-quarter obscene margin and how Do they speculate about the first-quarter obscene margin?

    John Vandemore -- Chief monetary Officer

    The fourth-quarter obscene margins were sturdy on the back of, as they said, domestic wholesale and retail performance. As they absorb mentioned previously in the retail environment, they had reduced some discounting activity and taking some limited pricing. That continues to power through the retail business, and they performed exceedingly well on a obscene margin basis. They also saw auspicious trends in their domestic wholesale business, both in terms of medium cost up and then costs down.

    So, they saw advantageous coalesce trends there. The offset, as they mentioned, was foreign-exchange, but again advantageous solid performance on the margin basis going through their domestic businesses, which I speculate speaks to the health overall of their domestic businesses, when you comprise both the retail and the wholesale portion. And obviously, that speaks to the health of the consumer for us, which has been performing well. As you peruse at early 2019, they expect some modest improvement in Q1.

    It remains to be seen exactly how material that is based on mix, but they definitely expect some slight improvement in Q1. I would only caveat, as David mentioned, that the strange exchange rate again will continue to bedevil us over the first half of 2018 and in some of their core markets relish China where the exchange rate differential is pretty ascetic in the first quarter based on what they know today.

    Laurent Vasilescu -- Macquarie Group -- Analyst

    Very helpful. And then if I could squeeze one last one in. International G&A, I speculate just backing out, it looks relish increased by $15.9 million. Half of that is China.

    How Do they speculate about that line item over the course of the first quarter and then potentially for the full year?

    John Vandemore -- Chief monetary Officer

    Well, we're not going to give country-specific guidance, but I speculate what you saw in the fourth quarter was really probably more driven by volume gains. As we've mentioned before, the P&L structure of China, wherein their distribution partners are third party, there does watch to be a correlation with volume gains. So, they definitely saw that in the fourth quarter. And I would expect it to be roughly in line with volume gains going into 2019.

    Although again, in any given quarter they can notice timing shifts as they saw over the course of 2018, so we'd be conscientious of that as well.

    Laurent Vasilescu -- Macquarie Group -- Analyst

    Very helpful. Thank you very much and best of luck.

    John Vandemore -- Chief monetary Officer

    Thank you.

    Operator

    Your next question comes from the line of John Kernan from Cowen & Co. gladden proceed with your question.

    John Kernan -- Cowen and Company -- Analyst

    Hi. advantageous afternoon, guys. Congrats on a nice finish of the year.

    David Weinberg -- Chief Operating Officer

    Thank you.

    John Vandemore -- Chief monetary Officer

    Thanks, John.

    John Kernan -- Cowen and Company -- Analyst

    John, can you just serve us understand a cramped bit more about the first quarter and the implied top-line guidance, both for domestic wholesale and then the international piece as well? I speculate there is some timing around Easter that's poignant numbers around as well. So just any detail you can give us there would be very helpful. Thanks.

    John Vandemore -- Chief monetary Officer

    Yes. So I mean, and obviously, the Easter timing kindhearted of do a question heed at the discontinuance of the quarter as to exactly how things quake out. What they notice at the flash is probably a flat to maybe slightly down domestic environment. Again, section of that is timing associated with the holiday.

    Part of that is, I think, the continued retail shakeout they see. In terms of international, international will be a bit of a mixed bag. They actually expect following a tough Q1 last year that their distributor industry will achieve back probably be high-single-digits, low-teens type performance and that's counterbalanced with the modest single-digit growth internationally, which I would narrate you, if it were are not for foreign-exchange would be almost double because, again, they really seeing the headwinds achieve in their key markets in the first half of 2019. And then, their retail business, they believe, will be a elevated single-digit, maybe low double-digit number depending upon retail performance.

    We are seeing advantageous trends thus far this year, certainly in the domestic market but there's a lot of selling to be done still. So that's, generally, how they believe it shakes out. That gives us kindhearted of on an medium basis, again, taking into account the FX, probably a mid-single-digit number, maybe a cramped bit lower than that, maybe a cramped bit higher depending on things how -- how things coalesce out. But again that would be -- almost double that if it weren't for strange exchange.

    John Kernan -- Cowen and Company -- Analyst

    Sure. That's helpful. Thank you. I guess, when you peruse to -- for a holiday for 2019, both for domestic and international -- I know you're not giving a full-year guidance, but just any detail on how those order books are starting to quake out.

    You did exit the fourth quarter with an acceleration both in international wholesale and domestic wholesale, so one would speculate that your partners are fire pretty advantageous in terms of orders for next fall?

    David Weinberg -- Chief Operating Officer

    We're right in the middle of that process as they speak. They absorb had very advantageous pre-lines and very advantageous feedback. The orders are starting to achieve in now. They had a very advantageous January on top of what was a significantly high-growth incoming order rate last January, so that makes it peruse even more solid.

    So, we're getting advantageous reception and we're getting advantageous sell-throughs from the current line that's out there. So I speculate they outright here feel very positive about this transition into plunge holiday and potentially even increased acceleration as they find there.

    John Kernan -- Cowen and Company -- Analyst

    All right. Great. Congrats on a advantageous 2018 and best of luck, guys.

    Operator

    Our next question comes from the line of Lauren Cassel from Morgan Stanley. gladden proceed with your question.

    Lauren Cassel -- Morgan Stanley -- Analyst

    Great. Thanks so much. Maybe could you guys talk about 4Q performance within domestic wholesale by bucket? So off-price versus huge box versus family channel, how did those different areas perform? And how are you thinking about each of those different channels to discharge generally in 2019?

    John Vandemore -- Chief monetary Officer

    Well, I could definitely talk to Q4. 2019 is a cramped bit of a prognostication. I would say, generally, they saw continued trends in the off-price. Again, hold in intellect how you define off-price matters for us.

    We are looking at those that sell traditionally either liquidated inventory from others. For us it's made-for product or some in-line product that fits their pricing portfolio, they did notice continued weakness in that based on really the trend they had been seeing since Q2 although it did decline a bit. Outside of that though, generally, activity was pretty strong. Certainly, they had some exceptional items going through the holiday that performed very well and that lifted some categories for us, but generally I'd inform outside of kindhearted of the off-price channel, which is again been a bit of a challenge over the back half of 2018, things were positive.

    Looking forward, they continue to see, as David mentioned, sturdy interest in the product, sturdy response from the lines that they've seen and the lines they're booking on now. However, I'd just caveat that the retail environment in United States has certainly seen its share of attrition in both stores and doors. So, I speculate that will absorb an impact. What I speculate we've been very pleased with is that for their key accounts, we've seen certainly in '18 growth and early '19 advantageous indications that they're going to continue to grow.

    Lauren Cassel -- Morgan Stanley -- Analyst

    OK. Great. Thank you. And then just within the 0.4% comp in the U.S.

    during the quarter, just any commentary on full-price versus the outlet stores there?

    John Vandemore -- Chief monetary Officer

    Well, again, hold in intellect in the middle of the year, they decided to change approaches. In particular, and probably most pronounced, in their concept stores and if you really peruse at the detail underneath the store performance, that's where you saw slightly lower comp store performance. But again, that's against the backdrop of delivering significantly better margin and actually, obscene margins were up in every sole one of their store types. It was just -- it was most pronounced in the concept sides of things.

    So -- and again, we're incredibly pleased with that response from a monetary perspective, and you are seeing advantageous generic activity in the domestic market, which I speculate is probably -- for us, when they speculate about the consumer, a more primary vantage point. And David mentioned the domestic industry grew and when you combine the retail and the wholesale in the quarter, and that I speculate speaks to the consumer interest. Where that's going next year, silent remains to be seen because there's a lot of selling, but we're not changing their approach and so I would probably insinuate you'll notice at least in the early section of the year some of the selfsame trends. Again, advantageous obscene margin performance, and maybe that costs us a few on comp store sales points on a -- in some of their stores but, generally speaking, a very advantageous monetary result at the discontinuance of the day.

    Lauren Cassel -- Morgan Stanley -- Analyst

    OK. Thanks so much.

    John Vandemore -- Chief monetary Officer

    Sure.

    Operator

    Our next question comes from the line of Jay Sole from UBS. gladden proceed with your question.

    Jay Sole -- UBS -- Analyst

    Great. Thank you. I wanted to supervene up on SG&A. John, can you give us an sentiment of how you're thinking about SG&A dollar growth for Q1? And then also, maybe in generic terms, how you're thinking about it for fiscal '19?

    John Vandemore -- Chief monetary Officer

    Yes, again, keeping in intellect that a portion, certainly in the international side, is volume driven. It significantly depends on the top line. Basically, what they believe we'll notice in the early section of the year is you'll silent notice growth in the SG&A category, but it will continue to temper as compared to kindhearted of last year's numbers once you x out the volume gains. So, the volume drives activity and that's certainly the kindhearted of activity they want to see.

    We're not planning for anything drastic in kindhearted of a change year over year as a percentage of sales, outright things considered maybe some shifts between buckets or between categories within the totality of SG&A. But more than anything else right now, I speculate what we're aiming for is stability against the backdrop of the growth that they see. Because hold in intellect when you grow, even though an FX-adjusted growth rate is smaller, when you talk about activities relish pairs, which absorb to scoot through the system, you don't always find the full benefit of alignment kindhearted of top-line behavior in the SG&A and in particular distribution-related costs. So, there's some offset there, but I would probably usher that you're looking at stability in that as a kindhearted of overall percentage going into the first quarter.

    Jay Sole -- UBS -- Analyst

    OK. And then maybe just to supervene up, there's been huge investment been talked about in China headquarters, Los Angeles, that kindhearted of stuff. Is there -- is outright that in the basis right now? And as you peruse out into your budget for '19, are there any original huge projects whether it be commerce upgrade or some capability -- some huge projects that might antecedent a jump in SG&A as you scoot through the year?

    John Vandemore -- Chief monetary Officer

    Yes, but not those that you've mentioned. And just to be abundantly clear, outright the projects that they mentioned kindhearted of from the CAPEX side, which is everything from the distribution center in China outright the artery through to consolidating their footprint here in California. Those are outright capital projects for the year, so they won't absorb a direct or not a sizable direct P&L impact. What will, ultimately, impact the P&L and be visible in categories relish SG&A will be when they originate consolidating the joint venture that we've agreed in principle to figure in Mexico.

    We don't absorb a advantageous gauge right now on specific timing. When they do, we'll obviously give some clarity on that. But once they originate consolidating those results, they will acquire on board outright the SG&A, outright the revenue, the obscene margin associated with that business. Again, they believe it will be accretive, but you will notice dollar gains in those categories as they on-board those costs.

    Outside of that, there's really nothing of significance I would call your attention to at this point in time.

    Jay Sole -- UBS -- Analyst

    OK. Got it. Thanks so much.

    Operator

    Our next question comes from the line of Jim Duffy from Stifel. gladden proceed with your question.

    Jim Duffy -- Stifel monetary Corp. -- Analyst

    Thank you. advantageous afternoon, everyone. Very nice profitability in the quarter. Nice to notice that including the SG&A leverage.

    John, can you maybe spell out the accretion occasion from the India JV consolidation? My understanding is that was a industry that was running proximate to breakeven, are you expecting to find to a leverage point there?

    John Vandemore -- Chief monetary Officer

    Yes. So, I mean, just to be abundantly limpid on India. So, it's been a joint venture, so it's been fully consolidated in their operation from the get-go. What you will notice now with the acquisition of the minority stake is lower, relative takeaway on the minority interest side of things.

    Early at the moment, but I would inform they believe it's probably a brace of pennies on the year. Obviously, that depends entirely on how the industry performs and that is another market where they absorb seen significant FX headwinds. But it's contributing, so I speculate it'll probably be a brace of pennies on the year, maybe more if things scoot slightly better than planned.

    Jim Duffy -- Stifel monetary Corp. -- Analyst

    OK. And then with respect to the obscene margin, can you talk to what you're seeing from input costs with -- pardon me, with some currency relief in China, does that insinuate an occasion into the back half of the year?

    John Vandemore -- Chief monetary Officer

    We're adjusting input costs on kindhearted of a constant basis, almost by shoe, if you will. So, they adjust that as they go. They did notice some cost alleviation in the quarter that was reflected, as I mentioned, in some of the domestic wholesale margin numbers. But I would probably remark that, generally speaking, we're not seeing a lot of positives and we're not seeing a lot of negatives.

    We are taking handicap of currencies when they can along the way. But you got to hold in intellect that, that's also bit of a double-edged sword because when the currencies scoot the opposite direction, you don't want to give that back. So, we're conscientious of that in the context of how they develop product. So, I would inform it's been probably a modest to slight net benefit up through this point in time, but more on a rolling basis.

    And then hold in intellect also that the style coalesce changes, so significantly as you bring original shoes on. It's really tough to completely compare that question apples to apples.

    Jim Duffy -- Stifel monetary Corp. -- Analyst

    Fair enough. Thank you.

    John Vandemore -- Chief monetary Officer

    Thank you, Jim.

    Operator

    Our next question comes from the line of Sam Poser from Susquehanna. gladden proceed with your question.

    Sam Poser -- Susquehanna monetary Group -- Analyst

    Good afternoon. Thanks for taking my questions. A brace of things. With the Easter shift, won't that shift some of your selling expenses from Q1 to Q2, and also scoot a advantageous amount of the DTC sales, I mean, the huge -- will DTC be affected by that?

    John Vandemore -- Chief monetary Officer

    So, on the second section of your question, yes, the direct-to-consumer sales are influenced, and we've -- they factored that into the guidance we've given as best as they can narrate at the moment.

    Sam Poser -- Susquehanna monetary Group -- Analyst

    So, I was a cramped confused when you were walking through it. I mean, how they should speculate about the direct-to-consumer sales in the first quarter sort of taking that shift into account? You're sort of walking through it.

    David Weinberg -- Chief Operating Officer

    So, in the previous numbers I gave, Sam, we've already kindhearted of adjusted out what they believe the impact from the Easter shift is both in terms of the DTC numbers most significantly in their retail basis and elsewhere.

    Sam Poser -- Susquehanna monetary Group -- Analyst

    So, what I'm saw that you sort of walked through how you expect the domestic wholesale and international wholesale and then you add that DTC multiply in Q1. So, I wanted to find a cramped more clarification on -- I speculate you said something about the -- relish mid-single in Q1, but that seems a bit aggressive given the shift and the comparison gap?

    John Vandemore -- Chief monetary Officer

    Well, again, where we're going to notice the DTC impact most significantly will be in their retail base. And as I've previously mentioned, they expect retail right now for Q1 to be kindhearted of a elevated single-digit contributor. And that includes what they believe to be the impact for the shift of Easter into Q2.

    Sam Poser -- Susquehanna monetary Group -- Analyst

    So, you expect it to multiply around 9% -- relish 7% to 9%, is that the artery to speculate about it?

    John Vandemore -- Chief monetary Officer

    For Q1, yes.

    David Weinberg -- Chief Operating Officer

    That includes the original stores as well.

    Sam Poser -- Susquehanna monetary Group -- Analyst

    Gotcha. And then secondly, when you -- when those -- when -- what is the tax rate that you're assuming for the first quarter. Is it [Inaudible]

    John Vandemore -- Chief monetary Officer

    Yes, again, we're expecting a ambit of between 14% and 18% for the full year. It should be relatively evenly applied throughout the year absent any discrete tax items, changes in law, etc. So, I speculate at the moment, planning for a relatively flat midpoint rate is certainly a decent assumption. That being said, again, we're silent looking for regulatory opinions on some aspects of the recently enacted tax law and how those are applied.

    But I'd say, generally, they speculate that's a reliable assess at this juncture.

    Sam Poser -- Susquehanna monetary Group -- Analyst

    And in Q4, you -- I mean, it looks relish your U.S. profitability was at a rate higher than international. So, Do you expect that to continue into Q1, which would likely drive the tax rate a cramped bit higher?

    John Vandemore -- Chief monetary Officer

    No, they don't speculate there'll be a meaningful impact on the composition of the revenue streams in Q1 that will change that tax guidance.

    Sam Poser -- Susquehanna monetary Group -- Analyst

    And then lastly on India, when those 200-plus stores hit your store base, how does that impact the sales or is that already in, it's just going to change with sales [Inaudible]

    David Weinberg -- Chief Operating Officer

    That's already in. The franchises remain franchises, the owned stores remain owned stores when you scoot in. The huge shift you'll notice is in the minority interest and the share of the profitability. And I would say, because there was a question that they were unprofitable through this year that the fact is that they did wreck into profitability last year and they expect that to multiply this year.

    Sam Poser -- Susquehanna monetary Group -- Analyst

    Thank you very much, John.

    John Vandemore -- Chief monetary Officer

    Thanks, Sam.

    Operator

    Our next question comes from the line of Jeff Van Sinderen from B. Riley FBR. gladden proceed with your question.

    Jeff Van Sinderen -- B. Riley FBR -- Analyst

    First, let me add my congratulations. And then just to clarify, you mentioned stability in SG&A in Q1, I think. Do you feel relish you absorb an occasion to leverage as a percentage of sales later in the year?

    John Vandemore -- Chief monetary Officer

    Yes. So just to be abundantly limpid about the stability comment. I'm looking at overall SG&A as a percentage of sales. And again, keeping in intellect that a significant portion of -- in particular, the international SG&A growth you've seen recently has been volume-driven.

    Yes, they speculate they are looking for stability from a kindhearted of rate perspective in the early section of the year. I mean, there's always opportunities and we're -- they aggressively pursue those opportunities as they achieve forward, but there's also risks in the industry and they want to maintain the faculty to respond to those. So again, I speculate at the flash what I would probably usher you to is something that is stable as a percentage of sales to last year.

    Jeff Van Sinderen -- B. Riley FBR -- Analyst

    OK. objective enough. And then how should they speculate about growth? And I know India and Mexico absorb been sturdy growth areas, but maybe you can feel on the growth you're expecting there in 2019 as you kindhearted of are transforming those. And then any investments that they should speculate about that you might exigency to fabricate in those regions in 2019?

    John Vandemore -- Chief monetary Officer

    Yes, I don't want to find into, again, country-specific growth profiles. I'll just point out that India was one of their fastest growing segments -- countries over the last really two years, certainly from a -- on a percentage basis and continues to discharge exceedingly well. That was, in part, their rationale for taking the action they did to bring it in as a wholly owned subsidiary now. So, they certainly speculate that there remains significant occasion to grow that market and they believe that in-house it will quite, frankly, grow faster as a wholly owned subsidiary than it would otherwise be able to grow.

    There may be some modest investments but nothing of the scale that, I think, would be -- endure worth calling out at the moment. Mexico, I definitely agree that it's been a advantageous industry for us for the brand. They believe together with their distribution-- their existing distribution ally that it can grow faster and better. There were probably again be some limited investments there, but it will be with an eye toward growing the brand, growing the brand presence in the market.

    We'll absorb better indication on that once we've an eye toward exactly when they expect the transaction to close. But suffice it to say, again, it was section of the underlying rationale for taking the action they did. They felt they could grow it better together in a joint venture format than we'd be able to notice otherwise. So, given the attractiveness of that market, it will certainly warrant some investment consideration along the way.

    But again, nothing of the scale outside of the original investment into the joint venture that I would point out. And just to be limpid about that, it's an operating industry today with their distribution partner, there are existing stores, as they mentioned. So, in this instance, they are buying into to figure the joint venture and then grow it from there as partners.

    Jeff Van Sinderen -- B. Riley FBR -- Analyst

    OK. Understood. Thanks for taking my questions and best of luck in Q1.

    John Vandemore -- Chief monetary Officer

    Thanks, Jeff.

    Operator

    Our next question comes from the line of Chris Svezia from Wedbush. gladden proceed with your question.

    Chris Svezia -- Wedbush Securities -- Analyst

    Hey, guys. Thanks for taking my questions and congrats on the finish to the year.

    David Weinberg -- Chief Operating Officer

    Thanks.

    John Vandemore -- Chief monetary Officer

    Thanks, Chris.

    Chris Svezia -- Wedbush Securities -- Analyst

    U.S. wholesale, so I'm just curious, Q4 I speculate the initial guidance was high-single, low-double. You did four and change, saw a 5% growth. Was anything unique happened in the quarter either just -- I don't know, just why did it achieve in at that smooth versus maybe what you expected? Any color about that?

    John Vandemore -- Chief monetary Officer

    Yes, I'd inform what -- you probably saw a cramped more continuance of the off-price deficit that they absorb seen in Q2, in Q3, I imply not extraordinary, but it was a cramped bit weaker than they even thought. We're nascence to notice original signs of recovery and it didn't achieve through, I speculate at the smooth that they had hoped. I would also point out that in Q4, they were comping against an incredible kids number last year from Energy Lights. It was one of their top five styles last year in Q4.

    And it just had a tough comparable, so that was probably a cramped bit weaker than they anticipated. But again, I'd generally inform they were looking for growth in the quarter against kindhearted of the retail backdrop that they saw and some of the traffic numbers that they saw impacting their retail partners. That was -- they silent speculate the growth that they showed was advantageous growth, taking handicap of the market and the product strength given those two other considerations I mentioned.

    David Weinberg -- Chief Operating Officer

    Yes, and as section of that, there's a shift as well from -- in pricing because the pair information was up mid-to-high single.

    Chris Svezia -- Wedbush Securities -- Analyst

    OK. When I -- so when I speculate about you absorb full sales relish authority, you talked about maybe flat to down in Q1, I guess, you fabricate that back up a bit in Q2? Just any thoughts about how they speculate about U.S. wholesale growth for the year, seems relish Kid's has been a cramped bit softer given the comparison, Women's, I guess, depends in what category, Men's has been strong, I guess. But just what kindhearted of growth rate they should speculate about for U.S.

    wholesales as they kindhearted of speculate about the year and poignant forward?

    John Vandemore -- Chief monetary Officer

    Yes, I mean, they sit here with kindhearted of half the year fully vetted with customers. And as David pointed out, initial orders getting booked now for the back half of the year. So, it's fairly early to fabricate a full forecast for the year. What I would narrate you though is they speculate it's a single-digit environment from a domestic wholesale at the moment.

    Again, against the backdrop of store counts dwindling, door counts coming down. So, I speculate that's probably the best guide. But again I speculate it's really early and it's tough to tell. I would also point out for you just for context, they actually saw Women's and Men's grow this quarter, and that was a advantageous sign.

    Kid's, obviously, facing the really difficult comparable given the Energy Lights phenomena the year before was the only gender category that they saw a decline in the quarter, so that was advantageous and reassuring.

    Chris Svezia -- Wedbush Securities -- Analyst

    And on Western Europe, maybe just talk about what's going on there U.K., Germany, some of the other markets, broadly speaking. acquire out the currency out of the equation, obviously, currency is a bit of headwind here near term, but what's going on in those markets, how has your industry been holding up, pricing? Just any color about how they should speculate about Western Europe as they scoot forward?

    David Weinberg -- Chief Operating Officer

    Western Europe continues to be a very positive piece for us and they will certainly on a local currency basis grow in the first quarter on top of what's a very advantageous first quarter last year. We're actually shipping quite well for January and February. They -- the environment is probably slightly better for growth purposes from Germany, although the U.K. will remain their largest -- U.K.

    had some internal issues at the retail smooth with some bankruptcies and reshuffling and they will continue to grow, and they're already the largest to originate with. But I would narrate you that they would anticipate growth in just about every country in Europe on a local currency basis, Western Europe anyway.

    Chris Svezia -- Wedbush Securities -- Analyst

    OK. last question I absorb is just on Mexico. Just any thoughts or can you share with us how huge that potentially could be, what's the size? And I know you haven't disclosed timing, but is this sort of a second quarter, is it going to occur shortly in the first quarter, or just any color about timing on that?

    John Vandemore -- Chief monetary Officer

    Yes, we've been working on it diligently recently. They hope that it will proximate this quarter, but it's taking an operating industry and forming a joint venture, so it's not as smooth as starting from scratch because you're dealing with existing components. So, their anticipation at the flash is that by the discontinuance of the quarter, we'll be able to close, but I would -- at this point, I speculate quite frankly it's just a cramped bit too early for us to be able to consign with in any degree of reliability to a timing number.

    Chris Svezia -- Wedbush Securities -- Analyst

    OK. And John that's not in your numbers, right?

    John Vandemore -- Chief monetary Officer

    Correct. They absorb excluded it from outright the guidance at this point in time, and they will update you when they absorb an sentiment as to the proximate and they will accordingly update guidance if necessary.

    Chris Svezia -- Wedbush Securities -- Analyst

    OK. Thank you very much. outright the best.

    John Vandemore -- Chief monetary Officer

    Thanks, Chris.

    Operator

    [Operator instructions] Their next question comes from the line of Omar Saad from Evercore. gladden proceed with your question.

    Unidentified speaker

    Hi, guys, this is West [Inaudible] on for Omar. A question on your e-commerce business. You had mentioned you were going to roll out original functionality, really do more of an stress behind the e-commerce. Can you expand on that a cramped bit? What pieces Do you speculate you really exigency to help to really find that industry growing kindhearted of in line with some of your peers? And then also they're going to be more domestically focused or are there things you're doing abroad as well? Thank you.

    John Vandemore -- Chief monetary Officer

    Yes, I don't want to scoot into a ton of detail because it's probably too microscopic for everyone. But I would say, they -- and actually this started a year ago so -- or may be even before that really. They absorb been investing in their digital assets, their digital capabilities, everything from digital marketing outright the artery through to what will be a complete replatform of their commerce user interface. So that's in process.

    It involves for us working with external partners, who are expert in this, building off of what they absorb today, but creating I speculate a more comprehensive solution, again, everything from -- encompassing everything from digital, marketing outright the artery through to actual e-commerce. I would characterize it as a focus at the flash on domestic solution, but it's with the goal of having as proximate to a turnkey solution as they can for their global operations so that they can bring similar solutions to their international markets because some of the selfsame trends you're seeing domestically are nascence to emerge internationally with regards to e-commerce. I just also want to note as an exception to that today, China is already far, far ahead of many of its competitors and doing exceedingly well in e-commerce. It grew over 50% this year.

    So, when they talk about e-commerce, it definitely depends on which market you're speaking about, but China is already a significant e-commerce industry for us and continues to Do very, very well.

    Unidentified speaker

    OK. Perfect. And then just secondly, I know you guys absorb been rolling out more fashion-forward product, more kindhearted of branding going into specialty and doing some apparel. As you speculate about continuing to build that, are you seeing some traction in the brand recognition, poignant the customer younger? Any kindhearted of metrics you could absorb there, how it's evolving, how the view -- how the brand overall is viewed domestically and abroad? Thanks.

    David Weinberg -- Chief Operating Officer

    We only notice more and more increases and more exception -- more acceptance to the brand. I speculate on a worldwide basis, they continue to push the brand and -- to newer styles and to newer looks and continue to trend significantly younger. And it's now nascence to occur in the U.S. as well.

    So, they are outright positive about their brand offerings, their product offerings, and anticipate they will solidify a significantly larger demographic, but they are getting more brand acceptance everywhere in the world.

    Unidentified speaker

    That's great. advantageous work, guys, and advantageous luck on the next year.

    David Weinberg -- Chief Operating Officer

    Thanks.

    John Vandemore -- Chief monetary Officer

    Thank you.

    Operator

    Our final question comes from the line of Tom Nikic from Wells Fargo. gladden proceed with your question.

    Tom Nikic -- Wells Fargo -- Analyst

    Hey, everybody. Thanks for squeezing me in at the discontinuance here. John, just a quick one on the buyback. I speculate you've already used up a pretty significant portion of the authorization.

    Should they assume that you'll sort of hold buying back stock and when it expires, you'll peruse to reup? And just kindhearted of thinking how should they speculate about that. Thanks.

    John Vandemore -- Chief monetary Officer

    Yes, I mean, that's almost precisely how they speculate about it. I mean, their activity year-to-date has been a reflection of where they notice value and we've seen tremendous value in the share price. Skechers, as I mentioned, they speculate is undervalued, plain and simple. So, they took the action that was available to us.

    We will continue to pursue completion of the program they absorb based on the current prices in the market. And then we'll scoot from there. I mean, it's an ongoing dialog they absorb with regards to capital allocation. So, it will definitely be a component of what they talk about with the board going forward and certainly as they near completion of the program that we'd do in site last year.

    Tom Nikic -- Wells Fargo -- Analyst

    All right. Thanks very much. Best of luck this year.

    John Vandemore -- Chief monetary Officer

    Thank you, Tom.

    Operator

    We've reached the discontinuance of the question-and-answer session. And I will now swirl the call over to Skechers for closing remarks.

    Unidentified speaker

    Thank you, again, for joining us on the call today. They would just relish to note that today's call may absorb contained forward-looking statements. As a result of various risk factors, actual results could vary materially from those projected in such statements. These risk factors are minute in Skechers filings with the SEC.

    Again, thank you, and absorb a much day.

    Operator 

    [Operator signoff]

    Duration: 62 minutes

    Call Participants:

    David Weinberg -- Chief Operating Officer

    John Vandemore -- Chief monetary Officer

    David Weinberg -- Chief Operating Officer

    Laurent Vasilescu -- Macquarie Group -- Analyst

    John Kernan -- Cowen and Company -- Analyst

    Lauren Cassel -- Morgan Stanley -- Analyst

    Jay Sole -- UBS -- Analyst

    Jim Duffy -- Stifel monetary Corp. -- Analyst

    Sam Poser -- Susquehanna monetary Group -- Analyst

    Jeff Van Sinderen -- B. Riley FBR -- Analyst

    Chris Svezia -- Wedbush Securities -- Analyst

    Tom Nikic -- Wells Fargo -- Analyst

    More SKX analysis

    This article is a transcript of this conference call produced for The Motley Fool. While they strive for their ridiculous Best, there may be errors, omissions, or inaccuracies in this transcript. As with outright their articles, The Motley Fool does not assume any responsibility for your employ of this content, and they strongly inspirit you to Do your own research, including listening to the call yourself and reading the company's SEC filings. gladden notice their Terms and Conditions for additional details, including their Obligatory Capitalized Disclaimers of Liability.

    10 stocks they relish better than SkechersWhen investing geniuses David and Tom Gardner absorb a stock tip, it can pay to listen. After all, the newsletter they absorb race for over a decade, Motley Fool Stock Advisor, has quadrupled the market.*

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    Motley Fool Transcribing has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Skechers. The Motley Fool has a disclosure policy.


    Alkermes to Host Conference call to dispute Fourth Quarter and Year-End 2018 monetary Results | killexams.com true questions and Pass4sure dumps

    DUBLIN, Feb. 7, 2019 /PRNewswire/ -- Alkermes plc (ALKS) will host a conference call and webcast presentation at 8:30 a.m. ET (1:30 p.m. BST) on Thursday, Feb. 14, 2019, to dispute the company's fourth quarter and year-end 2018 monetary results. Management will also dispute monetary expectations for 2019 and provide an update on the company.

    The webcast player and accompanying slides may be accessed on the Investors section of Alkermes' website at www.alkermes.com. The conference call may be accessed by dialing +1 877 407 2988 for U.S. callers and +1 201 389 0923 for international callers.

    A replay of the conference call will be available from 11:00 a.m. ET (4:00 p.m. BST) on Thursday, Feb. 14, 2019, through Thursday, Feb. 21, 2019, and may be accessed by visiting Alkermes' website or by dialing +1 877 660 6853 for U.S. callers and +1 201 612 7415 for international callers. The replay conference ID is 13687392. 

    About Alkermes plcAlkermes plc is a fully integrated, global biopharmaceutical company developing innovative medicines for the treatment of central nervous system (CNS) diseases. The company has a diversified commercial product portfolio and a substantial clinical pipeline of product candidates for confirmed diseases that comprise schizophrenia, depression, addiction and multiple sclerosis. Headquartered in Dublin, Ireland, Alkermes plc has an R&D center in Waltham, Massachusetts; a research and manufacturing facility in Athlone, Ireland; and a manufacturing facility in Wilmington, Ohio. For more information, gladden visit Alkermes' website at www.alkermes.com.

    Alkermes Contact:Alex BraunInvestor Relations+1 781 296 8493

    Alkermes plc Logo (PRNewsfoto/Alkermes plc)

    More

    View original content to download multimedia:http://www.prnewswire.com/news-releases/alkermes-to-host-conference-call-to-discuss-fourth-quarter-and-year-end-2018-financial-results-300791901.html


    IDACORP Schedules Fourth Quarter 2018 Earnings Release & Conference call | killexams.com true questions and Pass4sure dumps

    BOISE, Idaho, Feb. 7, 2019 /PRNewswire/ -- IDACORP, Inc. IDA, +0.48% will report its fourth quarter results on Thursday, February 21, in a word release before the stock markets open.  The company will hold an analyst conference call that day at 2:30 p.m. Mountain Time (4:30 p.m. Eastern Time) to dispute the fourth quarter 2018 earnings. 

    All parties interested in listening may Do so through a live Webcast on the Internet or by calling (800) 242-0681 for listen-only mode.  No passcode is needed – gladden claim to be joined into the IDACORP, Inc. call.  The conference call logistics are posted on the company's Website (www.idacorpinc.com) and will be included in the company's earnings word release.  Slides will be included during the conference call.  To access the slither deck, register for the event just prior to the call at http://www.idacorpinc.com/investor-relations/earnings-center/conference-calls.  A replay of the conference call will be available on the company's website for a era of 12 months and will be available shortly after the call. 

    IDACORP, Inc., Boise, Idaho-based and formed in 1998, is a holding company comprised of Idaho Power Company, a regulated electric utility; IDACORP Financial, a holder of affordable housing projects and other true estate investments; and Ida-West Energy, an operator of wee hydroelectric generation projects that fullfil the requirements of the Public Utility Regulatory Policies Act of 1978. Idaho Power began operations in 1916 and employs approximately 2,000 people to serve a 24,000 square-mile service area in southern Idaho and eastern Oregon. With 17 low-cost hydroelectric projects as the core of its generation portfolio, Idaho Power's nearly 555,000 residential, industry and agricultural customers pay some of the nation's lowest prices for electricity. To learn more about IDACORP, Inc. or Idaho Power, visit www.idacorpinc.com or www.idahopower.com.

    View original content to download multimedia:http://www.prnewswire.com/news-releases/idacorp-schedules-fourth-quarter-2018-earnings-release--conference-call-300791855.html

    SOURCE IDACORP, Inc.

    Copyright (C) 2019 PR Newswire. outright rights reserved



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