Skechers USA Inc (SKX) released a profit for first quarter that beat the Street estimates.
The company's bottom line came in at $202.4 million, or $1.34 per share. This compares with $206.6 million, or $1.33 per share, last year.
Analysts on average had expected the company to earn $1.17 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 7.1% to $2.411 billion from $2.251 billion last year.
Skechers USA Inc earnings at a glance (GAAP) :
-Earnings: $202.4 Mln. vs. $206.6 Mln. last year.
-EPS: $1.34 vs. $1.33 last year.
-Revenue: $2.411 Bln vs. $2.251 Bln last year.
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