Skechers (SKX) Q1 Earnings Beat Estimates, Sales Rise Y/Y
SKXSkechers(SKX) Zacks Investment Research·2024-04-27 02:41

Skechers U.S.A., Inc. (SKX) delivered impressive first-quarter 2024 results, with the top and bottom lines outpacing the Zacks Consensus Estimate. Also, both metrics improved year over year. The company's performance improved due to the strong brand appeal and high demand for its comfort-focused products, complemented by robust marketing and distribution efforts. Demand for comfort technology products, advantageous pricing, and increases in wholesale and direct-to- consumer sales positively impacted the out ...