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 > Oil price drop is over, ELW will go up

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Comment by rajagson Feb 06, 2015 3:08pm

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Post# 23405125

RE:RE:Oil price drop is over, ELW will go up

Very likely there was a lot of short-covering involved but that in itself tends to generate more buying, due to the perceived rise in SP and the reduction in # of short positions held. IMHO, oil will get back up to the $65-70 region by mid-year.

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