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 > Any News?

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Comment by Oilmarketon Nov 21, 2013 12:51pm

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RE:RE:Any News?

Yes, they seem to be trying to do things as indicated in the financials but Receiveables up over $200k (something with the related party??). Wondered why they increased debt but that must be related to the land developments. The reason I was looking for an update was the bloomberg news comment on auditors "unqualified opinion expressing doubt that the company can continue as a going concern".

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