Footwear Major Skechers Stock Sinks On Q4 Miss & Weak Outlook; Inventory Piles Up
Footwear and apparel company Skechers USA Inc (NYSE:SKX) shares are trading lower on Friday. The company reported fourth-quarter sales growth of 12.8% year-on-year to $2.21 billion, missing the analyst consensus estimate of $2.
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.
Skechers USA (SKX) may have been described as a better investment than Nike (NKE) today but it couldn’t help its share price running backwards ...
Thank you for joining Skechers fourth quarter and full year 2024 earnings conference call. My name is Jason D'Eath, and I ...
We recently compiled a list of the 10 Footwear Apparel Stocks Affected By China Tariffs. In this article, we are going to ...
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 ...
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 ...
The Kansas City Chiefs will play the Philadelphia Eagles in New Orleans this Sunday for their third consecutive Super Bowl ...
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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, ...
Footwear News on MSN21h
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.
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