Benzinga | Oct 29, 2020 04:21PM EDT

Skechers USA Q3 Adj. EPS $0.53 Beats $0.42 Estimate, Sales $1.30B Beat $1.22B Estimate

Skechers USA (NYSE:SKX) reported quarterly earnings of $0.53 per share which beat the analyst consensus estimate of $0.42 by 26.19 percent. This is a 20.9 percent decrease over earnings of $0.67 per share from the same period last year. The company reported quarterly sales of $1.30 billion which beat the analyst consensus estimate of $1.22 billion by 6.56 percent. This is a 3.99 percent decrease over sales of $1.35 billion the same period last year.