Skechers Stock Jumps on Earnings Beat, Sales Recovery Appears to Be on the Horizon

July 23, 2020

For the second quarter ended June 3, they posted a net loss of $68.1 million and diluted loss per share of 44 cents, compared with the prior year’s profits of $75.2 million and earnings per share of 49 cents. Revenues decreased 42% to $729.5 million. Read more on Footwear News.