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 > spoke to management

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Post by whistleron Nov 08, 2014 3:13am

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spoke to management

they seem to be very smart guys who know what there doing ...I asked them about why the relentless selling going on.....they believe its a a combination of the drop in crude and institutions positioning themselves according to the financing and free riding shares coming to market at at .10 cents I believe once this clears interest should come back fast.

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