Skechers USA Inc. shares declined in the extended session Thursday after the shoe maker's earnings and outlook fell short of Wall Street estimates. Skechers shares fell 4.2% to $27.13 after hours. The company reported second-quarter earnings of 38 cents a share on revenue of $1.03 billion. Analysts surveyed by FactSet had estimated earnings of 44 cents a share on revenue of $966.5 million. For the third quarter, Skechers forecast earning of 42 cents to 47 cents a share on revenue of $1.05 billion to $1.08 billion. Analysts had estimated 57 cents a share on revenue of $1.06 billion.
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