Skechers USA Q2 EPS $1.13 Beats $0.81 Estimate, Sales $2.440B Beat $2.346B Estimate

Skechers USA (NYSE:SKX) reported quarterly earnings of $1.13 per share which beat the analyst consensus estimate of $0.81 by 38.82 percent. This is a 24.18 percent increase over earnings of $0.91 per share from the same period last year. The company reported quarterly sales of $2.440 billion which beat the analyst consensus estimate of $2.346 billion by 3.99 percent. This is a 13.07 percent increase over sales of $2.158 billion the same period last year.