Skechers Q2 Earnings Miss Estimates, Sales Rise Y/Y
Skechers U.S.A., Inc. (NYSE: SKX) delivered second-quarter 2024 results, with the top and bottom lines lagging the Zacks Consensus Estimate. Sales improved but earnings declined year over year. Challenges such as supply-chain disruptions, foreign currency headwinds, regulatory issues in India, and weakened consumer demand in China impacted the overall performance. However, the company continued to […]