The Chicago Entrepreneur

Skechers shares rise on $1 billion buyback, more upbeat outlook

Shares of Skechers USA Inc. rose after hours on Thursday after the comfort-footwear maker announced a $1 billion buyback and bumped its full-year profit outlook higher, as retailers stocked up on Skechers shoes and the company made gains abroad.

Previous post Upbeat sales in Hoka, Ugg brands prompt a boost to outlook at Deckers
Next post Donald Trump raises $3 million in crypto in Q2 for his reelection campaign