Edition:
India

Skechers Announces Q4 Earnings Per Share $0.39


Friday, 7 Feb 2020 

Feb 6 (Reuters) - Skechers USA Inc ::SKECHERS ANNOUNCES RECORD FOURTH QUARTER SALES OF $1.33 BILLION AND RECORD ANNUAL SALES OF $5.22 BILLION IN 2019.Q4 EARNINGS PER SHARE $0.39.Q4 SALES $1.33 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.25 BILLION.Q4 SAME STORE SALES ROSE 9.9 PERCENT.Q4 EARNINGS PER SHARE ESTIMATE $0.39 -- REFINITIV IBES DATA.SEES Q1 2020 EARNINGS PER SHARE $0.70 TO $0.75.SEES Q1 2020 SALES $1.4 BILLION TO $1.425 BILLION."WE ARE DEEPLY CONCERNED BY HEALTH CRISIS IN CHINA".CONTINUE TO MONITOR SITUATION IN CHINA AND ITS POTENTIAL DISRUPTION TO GLOBAL BUSINESS.SKECHERS - Q1 OUTLOOK INCORPORATES IMPACT OF CURRENT EVENTS IN CHINA, A SIGNIFICANT NUMBER OF TEMPORARY STORE CLOSURES, BELOW AVERAGE COMP STORE SALES.Q1 EARNINGS PER SHARE VIEW $0.78, REVENUE VIEW $1.43 BILLION -- REFINITIV IBES DATA.