Skechers (SKX) Q3 EPS beat estimates on a research tax benefit, but overall results lag on a Y/Y...

|About: Skechers USA Inc. (SKX)|By:, SA News Editor

Skechers (SKX) Q3 EPS beat estimates on a research tax benefit, but overall results lag on a Y/Y basis. Sales were down 25% Y/Y, primarily due to a decline in higher priced toning footwear, plus lower than expected sales across other footwear lines as well. Shares +5.9% AH.