Data-driven insights that help companies navigate the changing retail and technology landscape. LEARN MORE
Company Earning Updates 3 minutes premium

Skechers (NYSE: SKX) 2Q19 Results: Revenue, Comps and EPS Beat Consensus Estimates

Coresight Research

Key Points

  • Skechers reported 2Q19 sales of $1.26 billion, beating the $1.22 billion consensus estimate, and $0.49 EPS, beating the $0.34 consensus estimate.
  • Driven by international stores, comparable same-store sales were up 4.9%, beating the consensus estimate of 0.5%. China remains fundamental to Skechers growth, achieving a 12% sales gain on top of 40%+ in the year ago quarter.
  • The company estimated Q319 sales will be $1.32 billion to $1.35 billion and EPS will range from $0.65 to $0.70.

Please Log In to read the full report. Not a member? Register for a free user account.

Other research you may be interested in:

Do NOT follow this link or you will be banned from the site!