Skechers U.S.A., Inc. pre-announced that it is expecting fourth quarter revenues to be in excess of $200 million, which will be at least 8% above the high end of the company’s previous guidance of $175 million to $185 million. The Company further expects fourth quarter results per share to be better than the previous guidance of a 7 cents to 12 cents loss and the First Call consensus of a 6 cents loss.
“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, Chief Executive Officer. “We are looking forward to the WSA shoe show in Las Vegas this weekend.”
