SKECHERS Achieves New Second Quarter 2018 Sales Record
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/19/2026
- Tech selloff weighs down Wall Street as bond yields climb
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Tech selloff weighs down Wall Street as bond yields climb
- Francisco Partners to acquire Weave Communications for $650M
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Goldman Sachs to acquire real estate company LCN for up to $410M
- BofA raises hyperscaler AI capex outlook to $3.6tn through 2028
Skechers USA (SKX) Misses Q2 EPS by 12c; Offers 3Q EPS/Revenue Outlook Below Consensus
July 19, 2018 4:08 PM EDTSkechers USA (NYSE: SKX) reported Q2 EPS of $0.29, $0.12 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.13 billion.
The financial accomplishments in the second quarter are the result of our product and marketing, as well as our on-going efforts to seek out global opportunities, began Robert Greenberg, Skechers chief executive officer. With the resurgence of retro looks and Skechers DLites, we are the originator of one of the hottest trends in footwear. At the core of this chunky look is comfort, which runs... More
