Skechers raises financial guidance
10/01/2007
Footwear designer Skechers USA, Inc. has raised its financial guidance for the fourth quarter 2006 to a range of $295 million to $300 million from its previous forecast of $255 million to $265 million—32% to 34.2% higher than the $223.5 million posted in the fourth quarter of 2005
The company now expects revenues for fiscal 2006 to be in the range of $1.196 billion to $1.201 billion, compared with its previous guidance of $1.156 billion to $1.166 billion.
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