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Skechers trips on weekly sales

2014-09-25 06:51:19| Footwear - Topix.net

The company's sales fell 3% in the most recently reported week vs. a 19% rise during the trailing four weeks, said analysts citing SportScanInfo data. But analysts from Sterne Agee and Wunderlich were not concerned, citing deliberately lean inventory and a lopsided comparison with the Aug. back-to-school selling season.

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