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.

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Skechers USA Inc > ELW Sells $100 Million Equity Above $0.375

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Comment by MBAon Dec 05, 2014 8:39pm

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Post# 23201797

RE:ELW Sells $100 Million Equity Above $0.375

who are you trying to fool - yourself so you can sleep at night. The financing would never of been done in the current NEW OIL ENVIRONMENT. Decisions made back then were based on oil being at least $90.

10 cent stocks are penny stocks for a reason - good chance of Chapter 11 on all new ventures and that is why the price is where it is at. Gambling dollars now!

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