SKX Stock Recent News

LOS ANGELES--(BUSINESS WIRE)--Skechers USA, Inc. (“Skechers” or the “Company”) (NYSE: SKX), The Comfort Technology Company™ and a global footwear leader, today announced that John Vandemore, Chief Financial Officer, will participate in a fireside chat at the UBS Global Consumer and Retail Conference in New York City on Wednesday, March 12, 2025, at 5:00 a.m. PT / 8:00 a.m. ET. The audio portion of the fireside chat will be available live and on replay for 90 days on the Company's website at inv.

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MILAN--(BUSINESS WIRE)--SKECHERS CONCEPT STORE OPENS ON MILAN'S CORSO BUENOS AIRES.

COPENHAGEN, Denmark--(BUSINESS WIRE)--DANISH FOOTBALLER MATT O'RILEY JOINS TEAM SKECHERS.

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All the major market indexes are trading close to new highs. This has pushed valuations well above historical norms.

Skechers posted strong 4Q24 results with 12% revenue growth and a 10% operating margin for the year, driven by U.S. wholesale restocking and robust international sales. Despite cyclical margin risks, Skechers is attractive at a 12x forward P/E, with potential for margin expansion through performance-driven pricing. Key risks include declining market share in China, rising inventories, and higher effective tax rates due to OECD global minimum tax laws.

MADRID--(BUSINESS WIRE)--FOOTBALLER ISCO ALARCÓN SIGNS WITH SKECHERS Spanish League Superstar Competing in Skechers Football Boots.

I estimate Skechers' intrinsic value at $12B or $80 per share, with revenue doubling to $18B by 2035, assuming improved operating margins and significant reinvestment. The footwear industry is mature with low growth, but Skechers gains market share by offering quality footwear at lower prices compared to premium brands. Skechers' 2024 revenue grew 12.1%, driven by EMEA and wholesale growth. DCT is trailing in growth but remains important as it stands out with 66% gross margins.

LOS ANGELES--(BUSINESS WIRE)--Seeking Comfort That Performs® on the court, Los Angeles Clippers shooting guard Norman Powell is now exclusively playing in Skechers Basketball footwear after signing with the performance brand. Powell is set to compete in the 3-point contest during NBA All-Star Weekend on Saturday, February 15. “I've been seeing more players competing in Skechers, so I wanted to try them for myself. It was immediately clear that Skechers is a perfect fit for me,” said Norman Powe.