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

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Post by bullbleepon Nov 30, 2015 11:45am

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Post# 24338524

Reality check......

I'm certain everyone feels bad about those 3.0 net Thorsby duds. But, they were forced to drill exploration wells this year because of those crazy flow-thru shares. I take it - they figured since they were forced to spend the funny money anyhow, one of these high risk shots would have been a game changer. Too bad - only guys feeling worse must be the guys who bought these shares at $9.00 each.
As for farming out a lot of these development locations now, with a royalty to payout , a good strategy in uncertain times.

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