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 > And stupid people are paying 68 cents?

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Comment by brandonnon Jul 03, 2014 10:12am

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Post# 22712620

RE:RE:RE:RE:And stupid people are paying 68 cents?

the total public float has had to have changed hands since the announcement was made as we are seeing it quiet up a bit in the market. The market likes the deal and the public float is now in the hands of loyal followers of this New Management. $20 million bucks for a junior is solid ammo.

IMO I think another announcement could come regarding an acquisition???? I am just speculating here but that money will not sit idle for long.

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