Investors never know what to expect for Skechers USA
What analysts say:
- Buy, sell, or hold?: Analysts are bullish on Skechers, as two analysts rate it as a buy and only one analyst rates it as a sell. Analysts don't like Skechers as much as competitor Brown Shoe Company overall.
- Revenue forecasts: On average, analysts predict $464.7 million in revenue this quarter. That would represent a decline of 16.2% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.01 per share. Estimates range from a loss of $0.14 to a profit of $0.12.
What our community says:
CAPS All-Stars are solidly behind the stock, with 97% granting it an outperform rating. The community at large agrees with the All-Stars, with 94.9% awarding it a rating of outperform. Fools are gung-ho about Skechers and haven't been shy with their opinions lately, logging 230 posts in the past 30 days. Skechers has a bullish CAPS rating of five out of five stars that is about on par with the Fool community assessment.
Management:
Revenue has fallen in the past two quarters. The company's gross margin shrank by 14 percentage points in the last quarter. Revenue fell 13.8% while cost of sales rose 8.9% to $291 million from a year earlier.
Quarter | Q2 | Q1 | Q4 | Q3 |
Gross Margin | 33.2% | 40.6% | 40.7% | 45.7% |
Operating Margin | (11.1%) | 3.1% | 0.3% | 10% |
Net Margin | (6.9%) | 2.5% | 0.7% | 6.5% |
For all our Skechers-specific analysis, including earnings and beyond, add Skechers USA to My Watchlist.
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