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.
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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.
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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 ...
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 ...
The Kansas City Chiefs will play the Philadelphia Eagles in New Orleans this Sunday for their third consecutive Super Bowl ...
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 ...
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.
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 ...
We recently compiled a list of the 10 Footwear Apparel Stocks Affected By China Tariffs. In this article, we are going to ...
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