Skechers USA Inc. SKX, +0.57% shares sank 12.1% after the shoes and accessories brand reported a first-quarter earnings and sales miss and weak guidance. Net income totaled $108.8 million, or 71 cents per share, down from $117.7 million, or 75 cents per share, last year. Revenue totaled $1.28 billion, a record, according to the company, up from $1.25 billion last year. The FactSet consensus was for EPS of 73 cents and revenue of $1.30 billion.
Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más: