Skechers Continues To Perform Well, But Next Quarter Will Be A Challenge

Skechers’ net income soared by 109 percent to $12,632,000 in its 3rd quarter, ended Sept. 30, on a rise in total sales of 5.9 percent to $272.8 million. The resulting gross margin was a 200-basis point climb to 42.3 percent. The favorable results mark the 7th consecutive quarter of net ...

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