Skechers USA Inc V.SKX

Primary Symbol: SKX

Consumer Cyclical Footwear & Accessories

Skechers U.S.A., Inc. designs, develops, and markets a diverse range of footwear, apparel, and accessories. The Company offers footwear, apparel, and accessories for men, women, and kids. The Company operates through two segments: Wholesale and Direct-to-Consumer. Wholesale segment is comprised of sales to a network of partners including Skechers-branded stores operated by third-party franchisees and licensees, family shoe stores, specialty athletic and sporting goods retailers, department stores and big box club stores, and Distributors in select international markets. Direct-to-Consumer segment comprises sales by the Company directly to consumers through a combination of channels including company owned Skechers-branded stores, company owned e-commerce sites, and third-party marketplaces and digital platforms. Its lifestyle offering delivers comfort technologies such as Skechers Hands Free Slip-ins, Skechers Arch Fit, and Skechers Air-Cooled Memory Foam, among others.

NYSE:SKX - Post by User

Skechers USA Inc > No Financing available

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Comment by zoomzoom3on Dec 05, 2014 7:59pm

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Post# 23201713

RE:RE:RE:No Financing available

The two companies that they just bought for 110 Million. 40 Million credit facility is over and beyond the funds just raised ( Raised $100,000,000 at 37.5 Cents per share ) Also If they need more cash in the future there was one half warrant attached to the last financing at 50 Cents so if they can get the price north of that they will have another boat load of cash.
Go and read all the press release's on www.strikerexp.com and you can see for yourselves.

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