Edition:
United Kingdom

Skechers Reports Q1 Results


Thursday, 18 Apr 2019 

April 18 (Reuters) - Skechers USA Inc ::SKECHERS ACHIEVES NEW QUARTERLY SALES RECORD.Q1 SALES $1.28 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.3 BILLION.SEES Q2 2019 EARNINGS PER SHARE $0.30 TO $0.35.QUARTERLY EARNINGS PER SHARE $0.71.FOR Q2 OF 2019, COMPANY BELIEVES IT WILL ACHIEVE SALES IN RANGE OF $1.200 BILLION TO $1.225 BILLION.SAYS QUARTER-END TOTAL INVENTORY WAS $740.9 MILLION, A $122.4 MILLION OR 14.2 PERCENT DECREASE OVER DECEMBER 31, 2018.Q1 EARNINGS PER SHARE VIEW $0.72 -- REFINITIV IBES DATA.