Skechers Plunges on “Disappointing” Q3 Sales

Manhattan Beach, CA—Skechers USA, the footwear brand that’s been of the darlings of Wall Street, saw its sales plunge as much as 36% Thursday after reporting a disappointing third quarter in sales. Up to Thursday’s close, the stock had risen nearly 150% this year. For the three months ending Sept. 30, Skechers posted a net […]

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