Skechers USA Inc. (SKX) reported second quarter EPS of $0.68 after the close Wednesday, up from $0.14 in the prior year period. The consensus estimate was for EPS of $0.40.
Skechers USA gapped open sharply higher Thursday morning and is now up 4.09 at $52.50. The stock has risen above nearly a 2-month range and has set a new high for the year.
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