Reported about 1 month ago
Skechers reported fourth quarter results that did not meet expectations, attributing the shortfall to tariffs and currency fluctuations. The company achieved $8.97 billion in total sales for fiscal year 2024, a 12% increase from the previous year, but faced challenges in earnings visibility due to U.S. tariffs on Chinese products and a stronger dollar. Despite these issues, some analysts still consider Skechers a growth stock.
Source: YAHOO