Skechers slides on Q4 sales miss, as retailers ‘conservatively manage’ inventory levels

Shares of Skechers USA Inc. fell 10.8% in extended trading Thursday after the comfort-footwear maker reported weaker-than-expected fourth-quarter sales amid a decline in its wholesale business.

Skechers slides on Q4 sales miss, as retailers ‘conservatively manage’ inventory levels
Shares of Skechers USA Inc. fell 10.8% in extended trading Thursday after the comfort-footwear maker reported weaker-than-expected fourth-quarter sales amid a decline in its wholesale business.