Skechers Falls On Its Face After Tripping Over Its Q2 Guidance

In this segment of the Motley Fool Money podcast, host Chris Hill is joined by Million Dollar Portfolio's Jason Moser, Hidden Gems Canada's David Kretzmann, and Total Income's Ron Gross to reflect on last week's most interesting business and economic news stories.In apparel, one tale of woe belonged to footwear maker Skechers (NYSE: SKX), which reported 17% higher revenue for Q1, and good numbers across the board.

BING NEWS:
  • Starbucks Awaits Steep Challenges As Q2 Earnings Falls Short of Expectations
    Starbucks, the world-renowned coffee behemoth, experienced a sharp 14% drop in stock prices this Wednesday following a notably underwhelming performance in its second-quarter earnings. This marks the ...
    05/3/2024 - 5:47 am | View Link
  • Facebook (META) issues Q2 2024 revenue guidance below analyst expectations
    Wall Street analysts were hoping to see an average guidance of $38.3 billion for Q2, but Meta's forecast was substantially below that estimate.
    04/24/2024 - 10:53 am | View Link
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