Skechers falls after withdrawing annual outlook due to tariff uncertainty
ReutersApr 24, 2025 8:25 PM
Shares of footwear maker Skechers SKX.N fall 8.21% to $46.25 in after market trade
Co says it is withdrawing previous annual forecast due to macroeconomic uncertainty stemming from global trade policies
It previously expected annual sales of $9.70 billion to $9.80 billion
Posts Q1 sales of $2.41 billion compared to estimates of $2.43 billion, according to data compiled by LSEG
Stock down ~25% YTD
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