Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

3 Takeaways From Skechers' Q3 Earnings

TheMotleyFool

0 0

Skechers (NYSE: SKX) reported third-quarter adjusted earnings per share of $0.53 last week on revenue of $1.3 billion, above consensus projections of $0.36 EPS on $1.2 billion in revenue. The company saw a nice increase in revenue of 78.3% quarter over quarter, driven by strong sales in e-commerce and at its reopened big-box stores. While the quarter saw a monthly sequential improvement in revenue and management is confident about an ongoing recovery, Skechers declined to give guidance.

Here's a deeper dive into the consumer discretionary company's third-quarter earnings and three takeaways for potential investors to consider.

Image source: Skechers.

Source Fool.com

Like: 0

SKX

Share