SKECHERS Announces Third Quarter 2016 Financial Results

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Citi Downgrades Skechers USA (SKX) to Neutral

October 21, 2016 7:08 AM EDT

Citi downgraded Skechers USA (NYSE: SKX) from Buy to Neutral.

For an analyst ratings summary and ratings history on Skechers USA click here. For more ratings news on Skechers USA click here.

Shares of Skechers USA closed at $22.94 yesterday.

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Skechers USA (SKX) Misses Q3 EPS by 5c; Guides Lower

October 20, 2016 4:04 PM EDT

Skechers USA (NYSE: SKX) reported Q3 EPS of $0.42, $0.05 worse than the analyst estimate of $0.47. Revenue for the quarter came in at $942.4 million versus the consensus estimate of $954.38 million.

GUIDANCE:

Skechers USA sees Q4 2016 revenue of $710-735 million, versus the consensus of $799.9 million.

Skechers achieved a new... More