Skullcandy Inc. (SKUL) reported fourth quarter non-GAAP adjusted net income of $0.47 per share after the bell Thursday, which was flat with the prior year result. The consensus estimate was for EPS of $0.48.
Skullcandy gapped open lower Friday and steadily declined until mid-morning. The stock was range-bound for the remainder of the day and closed down by 1.51 at $5.21 on the highest volume of the year. Skullcandy dropped below a 5-week range and set a new low for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.