SKX said it did not see a need to alter its guidance, despite the recent global spread of the coronavirus outbreak, in a round table discussion at the UBS investor conference, but CFO John Vandemore acknowledged that “things got worse,” since it reported its year end results. The biggest unknown is the reaction in Europe and elsewhere globally where proactive measures are being taken irrespective of rate of infection or other hard statistics, it opined, calling that impact difficult to gauge at this point.

Though the company has seen a tick down in Chinese consumer demand over February, it is still seeing ... Log in to view full article.