Categories Earnings, Other Industries

Skechers USA (SKX): Q3 2019 Earnings Snapshot

— Footwear company Skechers USA, Inc. (NYSE: SKX) reported earnings of $0.67 per share for the third quarter, vs. $0.70 per share expected.

– Net profit was $103.1 million, compared to $90.7 million last year

– Third-quarter sales increased 15% annually to $1.35 billion, vs. $1.34 billion expected; International sales were up 22%

– Comparable store sales were up 7.7%, including 6.8% rise in domestic sales and 9.9% growth in international sales

– Q4 revenues expected in the range of $1.225 billion to $1.250 billion, and earnings per share between $0.35 and $0.40

Follow our Google News edition to get the latest stock market, earnings and financial news at your fingertips

Most Popular

Does Unity Software (U) stock has more room to run?

Last month, the IPO market was in a full swing. IPOs of Snowflake (NYSE: SNOW) and JFROG (NASDAQ: FROG) had an impressive opening day in September, the former creating a

PepsiCo (PEP): Steady snacking habits amid pandemic drive strong quarter for beverage giant

PepsiCo Inc. (NASDAQ: PEP) beat market expectations on both revenue and earnings for the third quarter of 2020. The company saw the momentum continue in its snacks business while the

Does the virus-driven boom make Electronic Arts (EA) a good investment?

With more and more people turning to virtual entertainment sources, amid the virus-related movement restrictions, video game publishers like Electronic Arts (NASDAQ: EA) are witnessing unusually high demand. Not surprisingly,

Leave a Reply

Your email address will not be published. Required fields are marked *

Add Comment

Viewing Highlight