NYSE:SKX - New York Stock Exchange, Inc. - US8305661055 - Common Stock - Currency: USD
Let's have a look at what is happening on the US markets after the closing bell on Thursday. Below you can find the top gainers and losers in today's after hours session.
Uncover the potential of SKECHERS USA INC-CL A, a growth stock reasonably priced. NYSE:SKX is excelling in growth aspects, maintaining a healthy financial position, and still offers an attractive valuation.
Billionaire investor Stanley Druckenmiller's family office Duquesne has divested his entire stake in Broadcom, simultaneously increasing his investments in major tech companies, as revealed in a recent 13-F filing.
Footwear company Crocs (NASDAQ:CROX) will be reporting earnings tomorrow before the bell. Here’s what to look for.
/PRNewswire/ -- National nonprofit Petco Love, in partnership with BOBS® from Skechers®, awards 25 Petco Love Stories winners. A total of $500,000 is granted...
Shares of footwear company Skechers (NYSE:SKX) fell 14% in the afternoon session after the company reported weak fourth-quarter results. Its EPS missed significantly, and its EPS guidance for next quarter fell short of Wall Street's estimates. Also, growth was weak, as revenue was only roughly in line with expectations. The company noted ongoing challenges in China, a big consumer market. Overall, this was a softer quarter.
Shares of footwear company Skechers (NYSE:SKX) fell 14% in the afternoon session after the company reported weak fourth-quarter results. Its EPS missed significantly, and its EPS guidance for next quarter fell short of Wall Street's estimates. Also, growth was weak, as revenue was only roughly in line with expectations. The company noted ongoing challenges in China, a big consumer market. Overall, this was a softer quarter.
SKX earnings call for the period ending December 31, 2024.
Footwear company Skechers (NYSE:SKX) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 12.8% year on year to $2.21 billion. On the other hand, next quarter’s revenue guidance of $2.42 billion was less impressive, coming in 2.6% below analysts’ estimates. Its GAAP profit of $0.65 per share was 12.9% below analysts’ consensus estimates.
Given nearly all footwear and apparel sold in the US are sourced internationally, many will be directly exposed to the tariffs.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Skechers (NYSE:SKX) and the best and worst performers in the footwear industry.
The upgraded 72 RS Rating shows that highly ranked Skechers tops more than 70% of all other stocks for price performance this past year.
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