Skechers Stock Tumbles on Weak Outlook, Concerns Over Trump Tariffs

Core Insights - Skechers' shares fell 12% in premarket trading due to a disappointing outlook and CEO comments regarding potential tariff impacts [2][6] - The company reported adjusted earnings of $130.3 million (86 cents per share) for Q4, with revenue of$2.21 billion, which was in line with analyst expectations [2][3] - Forward-looking projections for Q1 revenue are expected to be between $2.4 billion and$2.43 billion, with EPS between $1.10 and$1.15, both below analyst consensus estimates [3][4] Financial Performance - Skechers' full-year revenue guidance is between $9.7 billion and$9.8 billion, and EPS is projected to be between $4.30 and$4.50, which are below the expected $9.86 billion and$4.86 per share [4] - The company's Q4 adjusted profits exceeded projections, but the overall outlook has raised concerns among investors [2][7] CEO Commentary - CEO John Vandemore highlighted "several headwinds and uncertainties" for 2025, including exchange rates and macroeconomic weakness in China [5] - The CEO mentioned that the recently announced US tariffs on Chinese goods have affected the company's visibility and may lead to changes in production and pricing strategies [6][7]