Skechers shares fall 6.40% after-hours as trade uncertainty and higher input costs weigh on outlook.

Skechers U.S.A., Inc. fell 6.40% in after-hours trading, with the company withdrawing its annual results forecast due to economic uncertainty caused by the Trump administration's erratic trade policies. The company is also looking to minimize production in 'high-cost locations' by re-routing and diversifying its sourcing base. China production makes up nearly 38% of U.S. sales for Skechers, and higher import tariffs on Chinese goods have pushed up input costs for the company.