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Skechers USA Inc (SKX.N)

SKX.N on New York Stock Exchange

23.03USD
18 Dec 2018
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Fri, Jul 20 2018

Skechers' underwhelming forecast, results send shares tumbling

(This version of the story has been refiled to remove the reference to the revenue miss in the first and the last paragraphs in July 19.)

CORRECTED-UPDATE 2-Skechers' underwhelming forecast, results send shares tumbling

July 19 Skechers USA Inc missed estimates for quarterly profit on Thursday, hit by a drop in sales at its domestic wholesale business and international distributor unit, sending the shoe maker's shares down nearly 27 percent after market.

CORRECTED-Skechers quarterly same-store sales miss estimates

July 19 Footwear maker Skechers USA Inc missed estimates for quarterly same-store sales on Thursday, due to a drop in sales at its domestic wholesale business and international distributor unit, sending the company's shares down nearly 23 percent after market.

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