#Skechers shares rise on $1 billion buyback, more upbeat outlook

#Skechers shares rise on billion buyback, more upbeat outlook

#Skechers shares rise on $1 billion buyback, more upbeat outlook
Shares of Skechers USA Inc. rose after hours on Thursday after the comfort-footwear maker announced a $1 billion buyback and bumped its full-year profit outlook higher, as retailers stocked up on Skechers shoes and the company made gains abroad.

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