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 > Trying to understand

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Post by commodity16on Aug 01, 2014 1:58pm

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Post# 22803527

Trying to understand

how the rights offering works. Haven't dealt with this before. So do the "rights" just show up in my trading account under the new symbol in proportion to the common shares held? Or is there some form that is going to be mailed out that I have to return with instructions as to if I want to excersice the right to buy the common shares at the discounted price of $0.10 or what? Can somebody please explain a bit further? Thanks

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