- 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 same store sales provided additional benefits, with only the domestic wholesale segment declining — though less than feared.
- The future looks bright as domestic wholesale will recover and the tailwinds will remain, unless the world economy softens further, which we see as the main risk.
Source: Leverage Is Starting To Kick In At Skechers – Skechers U.S.A., Inc. (NYSE:SKX) | Seeking Alpha