While the top- and bottom-line numbers for Skechers (SKX) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Strong Performance Driven by Global Demand and Strategic Marketing
Skechers (SKX) delivered earnings and revenue surprises of 20.91% and 2.98%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?