Skechers Announces Record Annual Sales of $8.00 Billion for 2023
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Skechers USA (SKX) shares drop as FY24 guidance disappoints
February 2, 2024 7:30 AM ESTSkechers 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
Skechers USA (SKX) stock plunges on soft 2024 outlook
February 1, 2024 4:25 PM ESTSkechers USA (NYSE: SKX) stock tanked as much as 13% in after-hours trade after the company reported weaker-than-expected sales for the first quarter.
EPS of $0.56 came in slightly above the estimate of $0.55. However, the company's revenue for the quarter was $1.96 billion, falling short of the consensus estimate of... More
