Skechers Stock Tumbles on Weak Outlook, Concerns Over Trump Tariffs
1. Skechers shares fell 12% due to disappointing outlook and tariffs concerns. 2. Fourth-quarter adjusted profit was $130.3 million, exceeding estimates. 3. Forecasts for Q1 and full-year revenue and EPS fell short of expectations. 4. CEO cites multiple headwinds, including tariffs and economic issues in China. 5. Skechers has risen over 30% in the past year but now faces uncertainties.