Skechers USA Inc (SKX)

Skechers USA Inc (SKX)

Postby winston » Tue Jul 02, 2013 6:39 am

not vested

Skechers U.S.A., Inc. engages in the design, development, marketing, and distribution of footwear for men, women, and children.

It operates through four segments: Domestic Wholesale Sales, International Wholesale Sales, Retail Sales, and E-commerce Sales.

The company offers various footwear comprising casuals, such as boots, shoes, and sandals for men, as well as oxfords and slip-ons, lug outsole and fashion boots, and casual sandals for women; dress casuals, and seasonal sandals and boots for men and women; and relaxed fit casuals for men under the Skechers USA brand.

It also provides city and off-road wear, footwear for joggers, athletic footwear, and sport sandals and boots under the Skechers Sport brand; sneakers for females under the Skechers Active brand; alpagarta-inspired footwear under the BOBS from Skechers name; low-top sneakers and boots under the SKCH+3 name for 20 to 34 year old women; and juniors footwear under the Daddy's Money name.

In addition, the company offers boots, shoes, sneakers, sandals, and skimmers for infants, toddlers, boys, and girls primarily under the Skechers Kids brand.

Further, it provides men's and women's casuals, field boots, hikers, and athletic shoes under the Skechers Work brand; sneakers for men and women under the Shape-ups Liv by Skechers name; technical footwear under the Skechers Performance brand.

http://todaysbigstock.com/2013/07/01/sk ... -nyse-skx/
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Re: Skechers USA Inc (SKX)

Postby winston » Sun May 10, 2015 8:27 pm

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For retail brands my top pick is Manhattan Beach, Calif.–based Skechers USA, a maker of branded lifestyle footwear.

The company surprised analysts in its last two quarterly reports with forecasted sales well ahead of expectations and a backlog up mid–double–digits over last year.

Demand is particularly robust abroad: International sales are expected to grow from some 35% of revenues today to 50% over the next few years.

Skechers is a powerful brand with a significant global expansion under way, and its shares understate the company’s true value, particularly after you factor in the $ 5.54 per share in cash.

The stock trades for 18 times my forward EPS estimate.

Source: Forbes
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Re: Skechers USA Inc (SKX)

Postby winston » Fri Sep 11, 2015 8:15 pm

Shoe company Skechers is one of the best performers this year… up nearly 150%.
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Re: Skechers USA Inc (SKX)

Postby winston » Sun Sep 27, 2015 8:07 am

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Stocks to Buy: Skechers (SKX)

Skechers (SKX) is a fast-growing shoe and casual apparel brand. Starting in the early 1980s as a distributor for the famous European work shoes Doc Martens, it quickly picked up that there was an untapped niche in the skateboarding culture and began building an iconic brand in that community.

Now, Sketchers has a $7 billion market capitalization and sells more than $2 billion worth of shoes annually. Since its humble beginnings, SKX has taken off in recent years through organic growth and acquisitions.

Skechers now has a lifestyle division and a performance division. In the former, its Bobs brand shoes are very popular with younger demographics because with every purchase some of the money goes toward giving a pair of shoes to a needy child. So far, the company has given away more than 10 million pairs of shoes.

This kind of social interaction zeitgeist has been a boon to SKX. Sales are soaring, powering the stock higher — SKX is up 157% year-to-date. And the crazy thing is, there is plenty of headroom left for the stock, especially as it moves into international markets.

Source: Investor Place
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Re: Skechers USA Inc (SKX)

Postby winston » Wed Feb 24, 2016 2:38 pm

Stocks to Buy Now: Skechers USA Inc (SKX)

Skechers (SKX) grew revenue nearly 27% during its last quarter, capping off the company’s second consecutive record year. This is a company that has completely reinvented itself with great marketing and penetration into new footwear categories.

With that said, Skechers is growing at nearly the same rate as Under Armour (UA), yet at just 13 times FY2016 EPS, it is valued like a retailer with no growth.

Many investors keep waiting for Skechers’ growth to subside. However, that has happened yet, and with investors expecting full year growth of 17% and 13% over the next two years, respectively, it does not appear that a slowdown is coming any time soon.

Given its valuation along with a strong start to 2016, where revenue grew 35% in January, investors should expect SKX to keep moving higher both short- and long-term.

Source: Investor Place
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Re: Skechers USA Inc (SKX)

Postby winston » Wed Jul 27, 2016 8:11 pm

Skechers shares tumble… shoe retailer hits a 15-month low.
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Re: Skechers USA Inc (SKX)

Postby winston » Wed Jul 27, 2016 8:11 pm

Skechers shares tumble… shoe retailer hits a 15-month low.
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Re: Skechers USA Inc (SKX)

Postby winston » Fri Dec 02, 2016 8:01 am

Skechers <SKX.N> surged 15.9 percent after the shoe seller's chief executive bought $11 million worth of stock.
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Re: Skechers USA Inc (SKX)

Postby winston » Fri Mar 16, 2018 8:49 am

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Dirt Cheap Stocks That Will Make Value Investors Fall in Love: Skechers (SKX)

Skechers USA Inc (NYSE:SKX) is a deep value stock that offers plenty of upside potential with mitigated downside risk.

In the athletic retail world, it seems everyone is focused on the triumvirate of Nike Inc (NYSE:NKE), Under Armour Inc (NYSE:UAA) and adidas AG (ADR) (OTCMKTS:ADDYY). These are the players with the big athlete endorsements, the ultra-expensive performance shoes, and the “cool” factor. You could even throw Lululemon Athletica inc. (NASDAQ:LULU) in there.

Skechers isn’t part of that conversation. But here’s a fun fact: of all five big athletic retail brands, Skechers is posting the biggest revenue and earnings growth in the group.

Nike posted revenue growth of 5% last quarter. Same with Under Armour. Adidas reported revenue growth of 12% last quarter. Lululemon saw revenues jump 14% higher last quarter.

Over at Skechers, revenues soared 27% higher last quarter. And that wasn’t just a one-time thing. For the full-year, revenues jumped 17% higher. Meanwhile, gross margins are racing higher, the operating expense rate is falling, operating margins are booming, and profits are soaring.

What’s going on under the hood? SKX is completely avoiding competition with the likes of Nike, Under Armour, Adidas and Lululemon by focusing on the mid-price-point athletic shoe market, and targeting value-oriented shoppers who don’t care about all the frills that Nike and company offer. Skechers makes a high-quality, good-looking shoe and sells it for somewhere between $50 and $100.

This “good product, better price” mantra is working out well for SKX, especially on the international front, where sales rose 40% last quarter. This growth story, especially on the international front, is just getting started. But SKX stock trades at a mere 18-times forward earnings for what analysts see as 15% earnings growth per year over the next 5 years.

That is remarkably cheap in the Nike/Under Armour/Adidas/Lululemon group. Plus, the company has enough cash on its balance sheet to cover more than 10% of its current market cap. All together, this is a dirt-cheap name with very strong forward looking growth prospects.

Source: Investor Place
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Re: Skechers USA Inc (SKX)

Postby winston » Fri Apr 20, 2018 10:08 pm

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Skechers Trips on Its Laces in Q1

The leading walking-footwear specialist moves lower after putting forward a bland guidance and not barreling past guidance the way it did three months earlier.

by Rick Munarriz

Sales for the first quarter rose 16.5% to hit $1.25 billion.

Net earnings rose 25.2% to $117.7 million or $0.75 a share.

the outlook translates into 8% to 11% top-line growth from the $1.029 million it rang up in sales a year earlier.



Source: The Motley Fool

https://www.fool.com/investing/2018/04/ ... lrf0000001
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