- 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 considerably and the company’s balance sheet remains terrific.
- Growth is likely to accelerate in H2 and the shares aren’t expensive, in our view.
Skechers’ Future Still Looks Good To Us
April 22nd, 2019 · No Comments