Skechers' Shares Down 14% After Outlook Misses Estimates Amid Tariff Concerns
Shares of Skechers retreated after the shoe maker's outlook came up short of Wall Street expectations as it warned about uncertainty around the impact of higher tariffs on goods from China. The stock was down 14% to $65.25 in post-market trading Thursday. Through the close shares are up 30% in past year.
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Skechers (NYSE:SKX) Posts Q4 Sales In Line With Estimates But Stock Drops 12.3%Footwear company Skechers (NYSE:SKX) in Q4 CY2024, with sales up 12.8% year on year to $2.21 billion. On the other hand, next ...
Q4 2024 Management View CEO David Weinberg highlighted that Skechers achieved record annual sales of $9 billion on a constant currency basis, marking a 13% increase, with a double-digit operating ...
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For full-year 2025, Skechers forecast sales of $9.7 billion-$9.8 billion and earnings of $4.30 to $4.50 a share, also below the consensus analyst forecast for sales of $9.88 billion and earnings of $4 ...
B, consensus $2.49B.Maximize Your Portfolio with Data Driven Insights:Leverage the power of TipRanks' Smart Score, ...
Net income increased 14% in the final quarter to $99,326,000 from $87,182,000 on 13% higher sales that came in at $2,212,416,00 ...
Skechers, the third largest footwear brand globally, with $8 billion in annual sales in 2023, teams up with Andy Reid, the ...
Skechers USA Inc (NYSE:SKX). reported its fourth-quarter 2024 earnings, revealing a notable miss on earnings per share (EPS) ...
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