Skechers announces second quarter 2020 financial results

Skechers announces second quarter 2020 financial results.q2 loss per share $0.44.q2 sales $729.5 million versus refinitiv ibes estimate of $659.7 million.q2 earnings per share estimate $-0.66 -- refinitiv ibes data.qtrly company-owned e-commerce sales grew 428.2 percent.company is not providing further financial guidance at this time.impact of covid-19 to skechers' business was significant in q2.china sales grew 11.5 percent in q2."optimistic about early-stage recovery we are seeing in much of our business, including a return to growth in china"."more than 90 percent of our skechers stores re-opened".qtrly adjusted loss per share $0.48.
SKX Ratings Summary
SKX Quant Ranking