Skechers Stock Jumps On Strong Q1 Earnings: The Details
Skechers U.S.A. Inc (NYSE:SKX) shares are rising in Thursday’s after-hours session after the company reported better-than-expected financial results for the first quarter. What Happened: Skechers first-quarter revenue increased 12.5% year-over-year to $2.251 billion, which beat the consensus estimate of $2.204 billion, according to Benzinga Pro. The lifestyle footwear company reported quarterly earnings of $1.33 per share, which beat analyst estimates of $1.10 per share. Wholesale sales were up
Source: yahoo.com
