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,