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Skechers USA Inc Earnings Advance In Q2

Skechers USA Inc (SKX) revealed a profit for its second quarter that increased from last year.

The company's bottom line totaled $75.2 million, or $0.49 per share. This compares with $45.3 million, or $0.29 per share, in last year's second quarter.

Analysts had expected the company to earn $0.34 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.5% to $1.26 billion from $1.13 billion last year.

Skechers USA Inc earnings at a glance:

-Earnings (Q2): $75.2 Mln. vs. $45.3 Mln. last year.
-EPS (Q2): $0.49 vs. $0.29 last year.
-Analysts Estimate: $0.34
-Revenue (Q2): $1.26 Bln vs. $1.13 Bln last year.

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