Skechers Sales Climb to Record High
Skechers(SKX) Investopedia·2024-10-26 01:05
Key Takeaways Skechers' third-quarter profit and sales topped estimates as demand for its shoes boosted revenue to a record high. International sales were up 16.4% from a year ago, and domestic sales added 15.3%. Skechers lifted its full-year outlook for revenue and earnings per share. Skechers (SKX) on Friday reported better-than-expected quarterly results and raised its outlook for the year. The footwear company posted third-quarter earnings per share of $1.26, with revenue up 15.9% year-on-year to a quar ...