shareholdersunite.com

Opportunities in smallcaps

shareholdersunite.com header image 2

SHU Portfolio; And Another Buying Opportunity In Skechers

July 23rd, 2018 · No Comments

  • 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 fulfilled their last year’s prediction that this year operational margins would recover, and investors are paying a price for that.
  • There are also some risks emerging in the international climate, but if these don’t escalate, we think the shares will slowly recover.
  • While most of the disappointments was because of ongoing investment in growth, there were also some other factors at work like higher taxes.

Source: SHU Portfolio; And Another Buying Opportunity In Skechers – Skechers USA Inc. (NYSE:SKX) | Seeking Alpha

Tags: SHU Portfolio · SKX