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Here's Why Skechers (SKX) is a Strong Value Stock
Zacks Investment Research· 2024-04-23 14:41
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style S ...
Wall Street's Insights Into Key Metrics Ahead of Skechers (SKX) Q1 Earnings
Zacks Investment Research· 2024-04-23 14:21
Analysts on Wall Street project that Skechers (SKX) will announce quarterly earnings of $1.10 per share in its forthcoming report, representing an increase of 7.8% year over year. Revenues are projected to reach $2.19 billion, increasing 9.3% from the same quarter last year.Over the last 30 days, there has been a downward revision of 1.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts ov ...
Skechers (SKX) Drives Growth via Innovation & Market Expansion
Zacks Investment Research· 2024-04-15 16:16
Skechers' (SKX) success story hinges on robust demand for its comfort technology products and enhanced digital capabilities. A diverse range of footwear across various categories like fashion, athletic, non-athletic and work footwear allows it to capture the market and attract customers from different demographic profiles. Its initiative of introducing products keep it relevant in a constantly evolving industry.SKX has been always dedicated to maintaining a balance between style, comfort, innovation and qua ...
Here's Why Skechers (SKX) Outpaces Its Industry in a Year
Zacks Investment Research· 2024-04-09 15:46
Skechers U.S.A., Inc. (SKX) leverages a varied product mix that spans fashion, athletic, casual and work footwear, anchoring its robust market presence and appeal across diverse consumer segments. Its commitment to delivering comfort-oriented footwear resonates with prevailing consumer preferences.The company's strategies, which include a multi-brand approach, the expansion of its global retail footprint, embracing digital initiatives and enhancing direct-to-consumer (DTC) channels, along with adept financi ...
Will Skechers (SKX) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-03 17:16
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Skechers (SKX) , which belongs to the Zacks Shoes and Retail Apparel industry, could be a great candidate to consider.This shoe company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 13.46%.For the last reported quarter, Skechers came out with ...
The Reasons We Remain In Favor Of Skechers
Seeking Alpha· 2024-03-22 01:12
Charley Gallay/Getty Images EntertainmentSkechers (NYSE:SKX), founded in 1992, is a global footwear powerhouse renowned for its casual and performance-oriented shoes. With a presence in over 170 countries, the company boasts an extensive product lineup catering to diverse consumer preferences. The brand's popularity is underscored by endorsements from prominent athletes and celebrities like Tony Romo and Camila Cabello. Notably, Skechers has prioritized sustainability, implementing eco-friendly practice ...
Skechers to Present at the UBS Global Consumer and Retail Conference on March 13th
Businesswire· 2024-03-06 14:00
LOS ANGELES--(BUSINESS WIRE)--Skechers U.S.A., Inc. (“Skechers” or the “Company”) (NYSE:SKX), The Comfort Technology Company™ and a global footwear leader, today announced that John Vandemore, Chief Financial Officer, will participate in a fireside chat at the UBS Global Consumer and Retail Conference in New York City on Wednesday, March 13, 2024 at 10:00 a.m. PT / 1:00 p.m. ET. The audio portion of the fireside chat will be available live and on replay for 90 days on the Company’s website at investors.ske ...
Skechers (SKX) Thrives on DTC Growth & Diversified Portfolio
Zacks Investment Research· 2024-03-04 15:36
Skechers U.S.A., Inc.’s (SKX) diversified portfolio, focusing on fashion, athletic, non-athletic and work footwear, underpins its resilience and broad market appeal. Emphasizing comfort-based products aligns with current consumer trends. The company’s strategic focus on multi-brand offerings, global retail expansion, digital transformation and direct-to-consumer (DTC) growth, coupled with its strong financial management, positions it well for sustained growth and market leadership in the dynamic global foot ...
Skechers to Present at the Raymond James 45th Annual Institutional Investors Conference on March 4th
Businesswire· 2024-02-26 14:00
LOS ANGELES--(BUSINESS WIRE)--Skechers U.S.A., Inc. (“Skechers” or the “Company”) (NYSE:SKX), The Comfort Technology Company™ and a global footwear leader, today announced that John Vandemore, Chief Financial Officer, will participate in a fireside chat at the Raymond James 45th Annual Institutional Investors Conference in Orlando, FL on Monday, March 4, 2024 at 7:25 a.m. PT / 10:25 a.m. ET. The audio portion of the fireside chat will be available live and on replay for 90 days on the Company’s website at ...
Skechers Joins Forces With Global Art Phenom Vexx
Businesswire· 2024-02-22 14:00
LOS ANGELES--(BUSINESS WIRE)--Skechers is joining forces with Vexx: an artist who has captured the digital universe, galleries and museums on three continents. The global brand’s latest Visual Artist Series capsule, Skechers x Vexx features the creator’s signature “doodles” known around the world. His detailed, vibrant characters will appear on footwear, apparel and accessories for men and women. “As an artist, it’s been a priority for me to create without compromise—and Skechers celebrates that philosop ...