Skechers Expects to Post Income of 50 Cents per Share

Skechers USA Inc. expects to report that net earnings per share for the fourth quarter will exceed 50 cents per share, compared with a net loss of 44 cents per share last year.

The online marketer and retailer expects to post revenue of more than $385 million for the quarter ended Dec. 31, a 30% increase over $298.1 million in the prior year.

“Our record sales and profitability for the fourth quarter is a meaningful accomplishment, especially given the challenging retail environment,