Skechers U.S.A., Inc. (NYSE:SKX) is expected to report second quarter earnings results, after market close, on Thursday 23rd July 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.63 per share.
Looking ahead, the full year income are expected at $ 0.33 per share on the revenues of $ 4463.48 million.
Previous Quarter Performance
Skechers U.S.A., Inc. announced income for the first quarter of $ 0.39 per share, from the revenue of $ 1,242.00 million. The quarterly earnings reduced 45.07 percent while revenues decreased 4.24 percent compared with the same quarter last year. Street analysts expected $ 1219.54 million. The top line results outshined analysts by $ 22.46 million or 1.84 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of SKX was $ 30.78, representing a 80.42 % increase from the 52 week low of $ 17.06 and a 30.83 % decrease over the 52 week high of $ 44.50.
The company has a market capital of $ 4.86 billion and is part of the Consumer Cyclical sector and Footwear & Accessories industry.
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Conference Call
Skechers U.S.A., Inc. will be hosting a conference call at 4:30 PM eastern time on 23rd July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.skechers.com
Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women under the Skechers GO brand worldwide. It operates through three segments: Domestic Wholesale Sales, International Wholesale Sales, and Retail Sales.
