Previous close | 59.07 |
Open | 65.28 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 63.32 - 69.00 |
52-week range | 43.94 - 69.00 |
Volume | |
Avg. volume | 891 |
Market cap | 120.155M |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 0.14 |
EPS (TTM) | 4.86 |
Earnings date | 25 Jul 2024 - 29 Jul 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
SKX stock leapt to a new high Friday after crushing Q1 earnings and posting record revenue. Skechers has a new 2024 earnings forecast.
Sketchers' (SKX) Q1 results gain from increased demand for comfort technology and advantageous pricing, with a strategic focus on global expansion and achieving a $10-billion sales target by 2026.
Shares of footwear company Skechers (NYSE:SKX) jumped 17.4% in the morning session after the company reported a rare 'beat and raise' quarters. Skechers blew past analysts' constant currency revenue expectations. Its operating margin also outperformed Wall Street's estimates. Looking forward to the full year, the company raised its revenue and EPS guidance for 2024, and both are comfortably ahead of analysts' expectations. Overall, this quarter's results seemed fairly positive, and shareholders