Benzinga | Jul 23, 2020 04:06PM EDT

Skechers USA Q2 EPS $(0.44) Beats $(0.50) Estimate, Sales $729.50M Beat $684.92M Estimate

Skechers USA (NYSE:SKX) reported quarterly losses of $(0.44) per share which beat the analyst consensus estimate of $(0.50) by 12 percent. This is a 189.8 percent decrease over earnings of $0.49 per share from the same period last year. The company reported quarterly sales of $729.50 million which beat the analyst consensus estimate of $684.92 million by 6.51 percent. This is a 42.06 percent decrease over sales of $1.26 billion the same period last year.