** Shares of footwear maker Skechers USA SKX.N down 13% at $65.85 in extended trade

** Company's expects annual sales of $9.70 billion to $9.80 billion, below estimates of $9.88 billion, according to data compiled by LSEG

** Annual adj. EPS forecast of $4.30 to $4.50 also below estimates of $4.89

** Q4 net sales of $2.21 billion also miss estimates of $2.22 billion as company battles weak demand in China

** In 2024, SKX rose 7.9%

(Reporting by Juveria Tabassum in Bengaluru)

((Juveria.Tabassum@thomsonreuters.com;))