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February 14, 2013
08:52 EDTSKXSkechers price target raised to $25 from $22 at Susquehanna
Susquehanna raised its price target on Skechers following solid Q4 results. The firm cited positive guidance, expectations for sales growth, and strong operating margin leverage. Shares are Positive rated.
News For SKX From The Last 14 Days
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September 24, 2015
19:52 EDTSKXAthletic footwear stocks higher after Nike's earnings report
Athletic footwear makers Skechers USA (SKX) and adidas (ADDYY), sports apparel maker Under Armour (UA), and shoe retailers Foot Locker (FL) and Finish Line (FINL) were all higher in after-hours trading after Nike (NKE) reported better-than-expected first quarter results. WHAT'S NEW: After the bell, Nike reported Q1 earnings per share and revenue of $1.34 and $8.4B, respectively, versus analyst expectations of $1.19 and $8.22B. The company added that it saw mid-single digit revenue growth in both the second quarter and for fiscal year 2016, as well as Q2 gross margins expanding by 25 bps and FY16 gross margins expanding by 50 bps. PRICE ACTION: Nike rose about 8% in after-hours trading, while Skechers USA gained just over 2%, adidas rose fractionally, Under Armour was higher by 2%, Foot Locker gained 1.5%, and Finish Line was up almost 6%.
September 23, 2015
15:31 EDTSKXSkechers to host special shareholder meeting
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