Skechers Announces Second Quarter 2020 Financial Results
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Skechers USA (SKX) Tops Q2 EPS, Revenues Beat; Not Providing Outlook
July 23, 2020 4:06 PM EDTSkechers USA (NYSE: SKX) reported Q2 EPS of ($0.44), $0.22 better than the analyst estimate of ($0.66). Revenue for the quarter came in at $729.5 million versus the consensus estimate of $659.68 million.
Skechers, like most businesses around the world, has never faced a more challenging time than during the pandemic, which caused the closing of nearly every market worldwide, stated Robert Greenberg, chief executive officer of Skechers. COVID-19 continues to be a serious concern globally, and the health and welfare of our team, partners and customers remain our number one priority. In the face of... More
