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 > 37,350,000 SHARES FOR INSIDERS @ $0.12! Can they be trust?

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Comment by Da1manon Mar 02, 2015 12:15pm

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Post# 23480154

RE:37,350,000 SHARES FOR INSIDERS @ $0.12! Can they be trust?

Do you mind posting the link of where this info came from? From reading a press release from ELK on Feb 23, 2015 on sedar, it looks like these options were granted prior to the effect of the consolidation, so my understanding is that they would be consolidated along with the shares at 20:1, so new strike price would be 2.40? Does this agree with your info sources?

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