1-May-2024
Skechers expands to Brussels as part of international growth strategy
Seeking Alpha News (Mon, 29-Apr 7:48 AM ET)
Albert Pujols Signs With Team Skechers
Business Wire (Tue, 2-Apr 9:00 AM ET)
Skechers to Report First Quarter 2024 Financial Results on Thursday, April 25th
Business Wire (Wed, 27-Mar 4:05 PM ET)
Skechers to Present at the UBS Global Consumer and Retail Conference on March 13th
Business Wire (Wed, 6-Mar 9:00 AM ET)
Skechers to Present at the Raymond James 45th Annual Institutional Investors Conference on March 4th
Business Wire (Mon, 26-Feb 9:00 AM ET)
Skechers Joins Forces With Global Art Phenom Vexx
Business Wire (Thu, 22-Feb 9:00 AM ET)
Skechers: On the Way to 10,000 Stores
Business Wire (Thu, 15-Feb 9:00 AM ET)
Skechers Board of Directors Wins Victory in Shareholder Derivative Suit
Business Wire (Wed, 7-Feb 9:00 AM ET)
PRNewswire (Tue, 6-Feb 6:03 AM ET)
Mr. T Goes Hands-Free in Skechers Super Bowl Commercial
Business Wire (Mon, 5-Feb 9:00 AM ET)
Skechers USA Inc is a lifestyle footwear company under the Skechers GO brand name. Products offered include various styles of women's shoes, men's shoes, girl's shoes, boy's shoes, performance shoes, and work shoes. Allied products offered are apparel, bags, eyewear, toys, and more. Its products are available for sale at department and specialty stores, athletic and independent retailers, boutiques, and internet retailers. The company's operating segments includes Wholesale and Direct-to-Consumer. It generates maximum revenue from the Wholesale segment.
Skechers USA trades on the NYSE stock market under the symbol SKX.
As of May 1, 2024, SKX stock price declined to $65.46 with 1,261,963 million shares trading.
SKX has a beta of 1.10, meaning it tends to be more sensitive to market movements. SKX has a correlation of 0.20 to the broad based SPY ETF.
SKX has a market cap of $10.08 billion. This is considered a Large Cap stock.
Last quarter Skechers USA reported $2 billion in Revenue and $1.33 earnings per share. This beat revenue expectation by $52 million and exceeded earnings estimates by $.22.
In the last 3 years, SKX stock traded as high as $69.07 and as low as $31.28.
The top ETF exchange traded funds that SKX belongs to (by Net Assets): RAYD, IJH, VTI, VB, COWZ.
SKX has outperformed the market in the last year with a price return of +23.2% while the SPY ETF gained +22.0%. SKX has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +2.9% and +15.8%, respectively, while the SPY returned +2.6% and 0.0%, respectively.
SKX support price is $64.86 and resistance is $67.25 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SKX stock will trade within this expected range on the day.