Citi Downgrades Skechers USA (SKX) to Neutral

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Go back to Citi Downgrades Skechers USA (SKX) to Neutral

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