Skechers says slip-on shoes will 'hit in full force' later this year as it joins Kizik and Nike in the race to be the leader in laceless sneakers

• Skechers on Thursday reported record quarterly sales.
• The earnings report slightly disappointed Wall Street.
• Executives expect "incredibly strong" demand for slip-on shoes this year.

Kizik and Nike aren't the only brands racing to get laceless sneakers to store shelves.

Skechers reported record quarterly sales on Thursday, and executives said that despite some "recessionary signals" in the marketplace, they expect a strong second half, buoyed by robust demand for its new slip-on shoes. 

"Early indications have been nothing but incredibly strong from a consumer perspective," Chief Financial Officer John Vandemore said on a conference call with stock analysts.