Skechers Announces Third Quarter 2020 Financial Results

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Skechers USA (SKX) Tops Q3 EPS by 17c, Revenues Beat

October 29, 2020 4:21 PM EDT

Skechers USA (NYSE: SKX) reported Q3 EPS of $0.53, $0.17 better than the analyst estimate of $0.36. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.22 billion.

Third Quarter Highlights

Sales of $1.30 billion, a 3.9 percent decrease year-over-year, but a 78.3 percent increase from second quarter... More