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.
Deutsche Bank lowered the firm’s price target on Skechers (SKX) to $79 from $86 and keeps a Buy rating on the shares.Maximize Your Portfolio ...
Thank you for joining Skechers fourth quarter and full year 2024 earnings conference call. My name is Jason D'Eath, and I ...
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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.
StockStory.org on MSN15h
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 ...
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 ...
The Kansas City Chiefs will play the Philadelphia Eagles in New Orleans this Sunday for their third consecutive Super Bowl ...
Skechers U.S.A., Inc. ("Skechers" or the "Company") (NYSE:SKX), The Comfort Technology Company® and a global footwear leader, today announced financial results for the ...
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Skechers USA (SKX – Research Report) and ...
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