Shares of Skechers retreated after the shoe maker's outlook came up short of Wall Street expectations as it warned about uncertainty around the impact of higher tariffs on goods from China.

The stock was down 14% to $65.25 in post-market trading Thursday. Through the close shares are up 30% in past year.

The Manhattan Beach, Calif., company guided for first-quarter sales of $2.4 billion to $2.43 billion and earnings of $1.10 to $1.15 a share, below the $2.49 billion in revenue and earnings of $1.57 a share forecast by analysts, according to FactSet.

Skechers this year expects sales of $9.7 billion to $9.8 billion and earnings of $4.30 to $4.50 a share. Those are both below the consensus analyst forecast for sales of $9.88 billion and earnings of $4.89 a share.

"The recently announced incremental U.S. tariffs on goods from China has impacted our visibility," Chief Financial Officer John Vandemore said on a call with analysts.

While Skechers has yet to fully factor in the possible affect of tariffs on its business the company will likely respond with a combination of actions, including raising prices and reallocating some production, Vandemore said.

The outlook comes as Skechers posted sales growth in the fourth quarter that was offset by a decline in China, citing a "difficult" macroeconomist environment in the Asian country.

The company said that quarterly sales grew 14% in the Americas and 25% in Europe, the Middle East and Africa, with a 3% increase in Asia-Pacific.