— Footwear company Skechers USA, Inc. (NYSE: SKX) reported earnings of $0.67 per share for the third quarter, vs. $0.70 per share expected.
– Net profit was $103.1 million, compared to $90.7 million last year
– Third-quarter sales increased 15% annually to $1.35 billion, vs. $1.34 billion expected; International sales were up 22%
– Comparable store sales were up 7.7%, including 6.8% rise in domestic sales and 9.9% growth in international sales
– Q4 revenues expected in the range of $1.225 billion to $1.250 billion, and earnings per share between $0.35 and $0.40
Most Popular
Tyson Foods (TSN) Q1 2023 Earnings: Key financials and quarterly highlights
Tyson Foods Inc. (NYSE: TSN) reported first quarter 2023 earnings results today. Sales rose 2.5% year-over-year to $13.2 billion. Net income attributable to Tyson was $316 million, or $0.88 per
After weak start to 2023, Apple (AAPL) sees some bright spots
Apple Inc. (NASDAQ: AAPL) this week reported its first revenue decline in more than three years, even as the high inflation continues to squeeze customers’ spending power. Sales of the
Earnings: Qualcomm (QCOM) Q1 profit falls on lower revenues
Chipmaker Qualcomm, Inc. (NASDAQ: QCOM) has reported lower earnings and revenues for the first quarter of 2023. The company also provided guidance for the second quarter of 2023. At $9.5
