Skechers USA Q2 EPS $0.98 Beats $0.54 Estimate, Sales $2.01B Beat $1.93B Estimate
Portfolio Pulse from Bill Haddad
Skechers USA reported Q2 earnings of $0.98 per share, beating the analyst consensus estimate of $0.54 by 81.48%. This is a 68.97% increase from the same period last year. The company also reported quarterly sales of $2.01 billion, beating the analyst consensus estimate of $1.93 billion by 4.15%. This is a 7.60% increase from the same period last year.
July 27, 2023 | 8:13 pm
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Skechers USA's Q2 earnings and sales beat analyst estimates, indicating a strong financial performance.
Skechers USA reported higher than expected earnings and sales for Q2. This indicates a strong financial performance, which is likely to positively impact the company's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100