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SKX / Skechers stock rallies 9% after company's bet on comfortable shoes pays off

Skechers stock rallies 9% after company's bet on comfortable shoes pays off
Shares of Skechers USA Inc. SKX, -1.86% rallied nearly 8% in the extended session Thursday after the footwear retailer reported fourth-quarter earnings and sales above Wall Street expectations, saying its bet on comfortable styles paid off. Skechers said it earned $402 million, or $2.56 a share, in the quarter, compared with $53.3 million, or 34 cents a share, in the year-ago period. Read More
Posted: Feb 3 2022, 16:44
Author Name: Market Watch
Views: 110575

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Skechers execs used company jets to take vacations to Fiji, Bora Bora: suit

By New York Post
October 20, 2023

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Skechers (SKX) Crossed Above the 20-Day Moving Average: What That Means for Investors

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