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Shares of shoe maker Skechers slumped 12% in premarket trading Friday following a disappointing outlook and the CEO's comments on the potential impact of tariffs.
Skechers U.S.A. (NYSE:SKX ) Q4 2024 Earnings Call Transcript February 6, 2025 4:30 PM ET Company Participants Jason D'Eath - Cybersecurity Engineering Team David Weinberg - Executive VP, COO & Director John Vandemore - Chief Financial Officer Conference Call Participants Jay Sole - UBS Laurent Vasilescu - BNP Paribas Exane Alex Straton - Morgan Stanley Adrienne Yih - Barclays John Kernan - TD Cowen Rick Patel - Raymond James Jesalyn Wong - Evercore ISI Krisztina Katai - Deutsche Bank Chris Nardone - Bank of America Tom Nikic - Needham Anna Andreeva - Piper Sandler Sam poser - William Trading Operator Greetings.
+170K jobs are expected to have been filled last month, below the December tally of +256K.
Although the revenue and EPS for Skechers (SKX) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Skechers (SKX) came out with quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.56 per share a year ago.
Skechers U.S.A. (SKX 1.63%), a global leader in footwear, presented its fourth quarter 2024 earnings on February 6, 2025, showcasing a robust performance.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Besides Wall Street's top -and-bottom-line estimates for Skechers (SKX), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
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LOS ANGELES--(BUSINESS WIRE)--Andy Reid Returns in Skechers' 12th Big Game Spot.