Skechers USA (SKX) February option implied volatility into quarter results

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Skechers USA (SKX) shares drop as FY24 guidance disappoints

February 2, 2024 7:30 AM EST

Skechers USA (NYSE: SKX) shares tumbled more than 10% Friday after the company's latest quarterly earnings report missed revenue and guidance expectations.

The footwear company reported fourth-quarter earnings of $0.56 per share after the close on Thursday, $0.01 better than the analyst estimate of $0.55 per share, while revenue for the quarter came in at $1.96 billion, below the... More