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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.