SKECHERS Announces Record Second Quarter 2015 Financial Results

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Go back to SKECHERS Announces Record Second Quarter 2015 Financial Results

Skechers USA (SKX) PT Raised to $160 at Sterne Agee CRT Following 'Big Beat'

July 30, 2015 7:46 AM EDT

Sterne Agee CRT analyst Sam Poser reiterated a Buy rating and raised his price target on Skechers USA (NYSE: SKX) to $160.00 (from $127.00) following a big Q2 'beat'.

Poser commented, "Reiterate Buy: SKX beat the quarter handily, with a total revenue increase of 36%, and... More

Skechers USA (SKX) Tops Q2 EPS by 54c

July 29, 2015 4:52 PM EDT

Skechers USA (NYSE: SKX) reported Q2 EPS of $1.55, $0.54 better than the analyst estimate of $1.01. Revenue for the quarter came in at $800.5 million versus the consensus estimate of $736.37 million.

The continued strong demand for our product worldwide led to record quarterly financial results for the second quarterincluding net... More