Skechers U.S.A., Inc. pre-announced it is expecting fourth quarter revenues to be in excess of $200 million, at least 8% above the high end of the company’s previous guidance of $175 to $185 million. SKX further expects Q4 results per share to be better than the previous guidance of a 7 cents to 12 cents loss and the First Call consensus estimate of a 6 cents loss per share.
“We believe, based upon our fourth quarter 2004 sales and the positive response of our major customers to the January 2005 pre-line reviews, that we will continue to receive a favorable response to all of our product lines and achieve growth in every channel throughout the year,” stated Robert Greenberg, CEO.
