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Company Earning Updates

Skechers (NYSE: SKX) 4Q18 Results: EPS Beats Consensus Estimate but Revenues and Comps Miss

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Coresight Research

Key Points

  • For 4Q18, Skechers reported $1.08 billion in sales, missing the $1.1 billion consensus estimate, and $0.31 EPS, beating the $0.23 consensus estimate.
  • Mainly driven by international stores, comparable same-store sales were up 1.1% in company-owned retail stores during the quarter.
  • The company estimated sales will be $1.275 billion to $1.3 billion and EPS will range from $0.70 to $0.75 in 1Q19.

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