Skechers Increases FY 2024 Sales Guidance To $8.875B - $8.975B Vs $8.891B Est.; EPS $4.08 - $4.18 Vs. $4.12 Est.
Portfolio Pulse from Benzinga Newsdesk
Skechers has increased its FY 2024 sales guidance to a range of $8.875 billion to $8.975 billion, compared to the previous estimate of $8.891 billion. The company also updated its EPS guidance to a range of $4.08 to $4.18, versus the previous estimate of $4.12.
July 25, 2024 | 9:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Skechers has increased its FY 2024 sales and EPS guidance, indicating a positive outlook for the company's financial performance.
The increase in sales and EPS guidance suggests that Skechers is performing better than expected, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100