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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 > FYI Market cap is 19 Million
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Comment by Buzzgroveon Aug 12, 2014 2:04am
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Post# 22830977

RE:RE:RE:RE:FYI Market cap is 19 Million

RE:RE:RE:RE:FYI Market cap is 19 MillionZoom, 19.1 M was before the recap. Bloomberg has current market cap at ~$282.6M. After the current rights offer, it will be closer to $350M depending on share price. I'll give you that Styless loves to argue, even when you 're agreeing with him, but he's otherwise accurate. There is no value to trade on here at this point. Price is all momentum right now. Without any actual product to drive revenues, what goes up is sure to go down. All things being equal post rights, profit-taking alone will send the share price south in the short term.
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