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.
Thank you for joining Skechers fourth quarter and full year 2024 earnings conference call. My name is Jason D'Eath, and I ...
Footwear News on MSN17h
Skechers Posts Record Sales in 2024, But Misses ForecastThe company reported net sales of $8.97 billion in fiscal 2024, a 12.1 percent increase from $8.0 billion in prior year.
BofA analyst Christopher Nardone lowered the firm’s price target on Skechers (SKX) to $76 from $80 and keeps a Buy rating on the shares.
Shares of Skechers U.S.A., Inc. SKX fell sharply in today's pre-market trading after the company reported worse-than-expected fourth-quarter financial results and issued first-quarter guidance below ...
Sporting News on MSN3d
Skechers introduces Valentine's-themed performance collection just in time for the holidayWhether you share a passion for fitness with your significant other or you’re looking to elevate your wellness journey, ...
Raymond James lowered the firm’s price target on Skechers (SKX) to $75 from $80 and keeps an Outperform rating on the shares. Skechers reported ...
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 ...
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