Skechers USA (SKX) Misses Q1 EPS by 1c, Offers Q2 Guidance
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Skechers Achieves New Quarterly Sales Record
April 18, 2019 8:00 AM EDTMANHATTAN BEACH, Calif.--(BUSINESS WIRE)-- SKECHERS USA, Inc. (NYSE: SKX), a global footwear leader, today announced financial results for the first quarter ended March 31, 2019.
First Quarter Highlights
Record sales of $1.28 billion, an increase of 2.1 percent, or 5.2 percent on a constant currency basis International sales increased 9.3 percent, or 15.0 percent on a constant currency basis Earnings from operations of $165.9 million, an increase of 11.5 percent Operating margin increased to 13.0... More