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Skechers USA Inc. (SKX) Is Climbing On Better Than Expected Q4 Earnings

Skechers USA Inc. (SKX) reported fourth quarter EPS of $0.21 Friday morning, up from $0.04 in the prior year period. Analysts expected EPS of $0.13.

Skechers has been gaining ground since the open of trade Friday and is now up 3.95 at $42.13. The stock has broken out to a new high for the year.

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