Skechers reports Q2 EPS 38c, consensus 44c
Reports Q2 revenue $1.026B, consensus $966.46M.
Skechers sees Q3 EPS 42c-47c, consensus 57c
Sees Q3 revenue $1.050B-$1.075B, consensus $1.06B. The company said "Q3 projection includes flat sales increases in the Company's domestic wholesale business, and double-digit increases in its international wholesale business, and its global Company-owned retail stores". Sees capital expenditures for the remainder of 2017 $35.0M-$40.0M, which includes corporate office upgrades and an additional 35-40 Company-owned retail store openings and several store remodels