Skechers Will Rise AgainĀ
Sketchers had a terrible quarter, which was no surprise. The surprise was that they did considerably better than expected. In the short-run, the shares are likely to move on the […]
Sketchers had a terrible quarter, which was no surprise. The surprise was that they did considerably better than expected. In the short-run, the shares are likely to move on the […]
The company has delivered stellar Q2 results with a large earnings beat as a result of operational leverage and a good reception of the new collections. Pricing and really good […]
The company suffered from a slowdown in its domestic wholesale business and currency headwinds in its international business, producing disappointing growth figures. However, margins and especially cash flow have strengthened […]
While it’s always a little hard to see the forest through the trees, given that the company has so many moving parts, we think the overall picture is still attractive. […]
Management prefers growth over margins, and they are right to do so and can easily invest in growth, given their extremely solid balance sheet and cash generation. Yet, they haven’t […]
While not a systematic inquiry, we nevertheless spot quite a few companies whose shares get punished for investing when that results in some margin decline. With investment the cost gets […]
Shares in Skechers have sold off big time on rising cost and a soft Q2 outlook. But much of the cost rise is due to investments in growth, which the […]
Skechers produced another solid quarter with very strong sales growth and stellar same store sales increases. The shares are consolidating, which is to be expected after the strong rally. We […]
While Skechers shares jumped 40% on a single day after very good third quarter results, they might have to digest that jump a little. However, the shares are still very […]
No retail apocalypse for Skechers. Its US stores revenues are up 14.5% with same store sales up a whopping 7.7%. Its international business is also booming, and after heavy investments […]