Skechers USA (SKX) shares drop as FY24 guidance disappoints

Skechers USA (SKX) PT Lowered to $68 at Wedbush

Wedbush analyst Tom Nikic lowered the price target on Skechers USA (NYSE: SKX) to $68.00 (from $75.00) while maintaining a Outperform rating.... More

After-hours movers: Amazon, Apple, Meta

After-Hours Stock Movers:

Amazon (NASDAQ: AMZN) stock rose 8.8% after it reported better than expected earnings per share and revenue in the fourth quarter. Amazon also issued a decent forecast for the first quarter of 2024.

Meta Platforms (NASDAQ: META) stock rose 15% after its... More

Skechers USA (SKX) stock plunges on soft 2024 outlook

Skechers USA (NYSE: SKX) stock tanked as much as 13% in after-hours trade after the company reported weaker-than-expected sales for the first quarter.

EPS of $0.56 came in slightly above the estimate of $0.55. However, the company's revenue for the quarter was $1.96 billion, falling short of the consensus estimate of... More

Skechers USA (SKX) Tops Q4 EPS by 1c, offers guidance

(Updated - February 1, 2024 4:45 PM EST)

Skechers USA (NYSE: SKX) reported Q4 EPS of $0.56, $0.01 better than the analyst estimate of $0.55. Revenue for the quarter came in at $1.96 billion versus the consensus estimate of $2.04 billion.

GUIDANCE:

Skechers USA sees FY 2024... More

Skechers USA (SKX) option IV into quarter results and outlook

Skechers USA (NYSE: SKX) February call option implied volatility is at 55, March is at 40; compared to its 52-week range of 22 to 72 into the expected release of quarter results today after the bell.

Skechers USA (SKX) February option implied volatility into quarter results

Skechers USA (NYSE: SKX) February call option implied volatility is at 52, March is at 37; compared to its 52-week range of 22 to 72 into the expected release of quarter results after the bell on February 1.