The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Skechers USA's revenues will grow 3.8% and EPS will increase 225.0%.
The average estimate for revenue is $427.7 million. On the bottom line, the average EPS estimate is $0.26.
Last quarter, Skechers USA notched revenue of $384.0 million. GAAP reported sales were 12% lower than the prior-year quarter's $435.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at -$0.04. GAAP EPS were -$0.04 for Q2 versus -$0.62 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 44.9%, 1,170 basis points better than the prior-year quarter. Operating margin was -0.4%, 1,070 basis points better than the prior-year quarter. Net margin was -0.5%, 640 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.49 billion. The average EPS estimate is $0.02.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 509 members out of 538 rating the stock outperform, and 29 members rating it underperform. Among 133 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 126 give Skechers USA a green thumbs-up, and seven give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Skechers USA is outperform, with an average price target of $19.50.
With hundreds of companies like Skechers USA competing for shoppers' limited dollars, strong brands matter. Household names can provide growth for even boring, mature companies -- as long as you choose the right ones. Learn about a few who have what it takes in "3 American Companies Set to Dominate the World." Click here for instant access to this free report.
- Add Skechers USA to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool owns shares of SKECHERS USA. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.