Workflow
Skechers(SKX)
icon
Search documents
Skechers Stock Soars 45% in a Year: What's Next for Investors?
ZACKS· 2024-08-27 13:45
Skechers U.S.A., Inc. (SKX) has seen a substantial surge in its stock price over the past year, climbing 45.3% and significantly outperforming the Zacks Shoes and Retail Apparel industry’s steep decline of 12.4%. The company's success can be attributed to its investments in omnichannel capabilities, infrastructure and global market expansion, which have driven notable growth in both its wholesale and direct-to-consumer (DTC) segments.This strategy, coupled with SKX's dedication to product innovation and its ...
Finding Everlasting Love: Petco Love and BOBS® from Skechers® Celebrate National Matchmaker Day
Prnewswire· 2024-08-27 10:03
Core Points - Petco Love and BOBS® from Skechers® are celebrating National Matchmaker Day by recognizing the efforts of adoption coordinators and shelter staff who facilitate pet adoptions across over 4,000 animal welfare organizations in the U.S. [1][2][3] Group 1: Company Initiatives - Petco Love has helped find homes for over 6.9 million pets and has invested nearly $400 million in adoption and lifesaving efforts since its inception [7][8]. - BOBS® from Skechers® has contributed over $11 million to support animal welfare, aiding more than 2 million shelter pets, including over 1.6 million rescued animals [10]. Group 2: Adoption Process - Adoption coordinators play a crucial role in matching pets with potential adopters by understanding the adopters' needs and the unique personalities of the pets [3][4]. - Keeping an open mind is emphasized for potential adopters, as unexpected matches can lead to the best companionships [5]. Group 3: Community Engagement - The organizations encourage community involvement through fostering, stating that if 2% of pet-owning households in the U.S. fostered one pet a year, it could eliminate preventable euthanasia [6]. - Volunteers and fosters are essential for supporting shelter staff in making successful pet matches [6].
Should Value Investors Buy Skechers (SKX) Stock?
ZACKS· 2024-08-20 14:41
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.Zacks has developed the innov ...
Wall Street Bulls Look Optimistic About Skechers (SKX): Should You Buy?
ZACKS· 2024-08-20 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Skechers (SKX) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Skechers currently has an average brokerage ...
Skechers (SKX) Stock Gains 26% in Past Year: How to Play Ahead?
ZACKS· 2024-08-19 15:21
Skechers U.S.A., Inc. (SKX) has experienced a remarkable jump in its stock price over the past year. The stock has rallied 26.1%, comfortably outpacing the Zacks Shoes and Retail Apparel industry’s sharp decline of 16.6%. The company adapts to evolving consumer preferences by investing in omnichannel capabilities, infrastructure and global market penetration, resulting in significant gains in both wholesale and direct-to-consumer (DTC) segments.This approach, along with SKX’s commitment to innovation in pro ...
SKX or BIRK: Which Is the Better Value Stock Right Now?
ZACKS· 2024-08-14 16:41
Investors looking for stocks in the Shoes and Retail Apparel sector might want to consider either Skechers (SKX) or Birkenstock (BIRK) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with strong ea ...
3 Reasons Growth Investors Will Love Skechers (SKX)
ZACKS· 2024-08-13 17:45
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help ...
3 Companies Breaking Quarterly Records: GOOGL, SKX, ARM
ZACKS· 2024-08-13 15:16
Earnings season is always exciting for investors, with companies finally unveiling what’s transpired behind the scenes.And concerning positivity throughout the current Q2 cycle, three companies – Alphabet (GOOGL) , Arm Holdings (ARM) , and Skechers (SKX) – posted quarterly records. Let’s take a closer look at each quarterly print. Alphabet Posts Record Cloud ResultsAlphabet’s quarterly release was overall positive, but the post-earnings reaction certainly didn’t reflect the favorable results. The tech titan ...
After Plunging -10.52% in 4 Weeks, Here's Why the Trend Might Reverse for Skechers (SKX)
ZACKS· 2024-08-08 14:35
A downtrend has been apparent in Skechers (SKX) lately with too much selling pressure. The stock has declined 10.5% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spottin ...
After Plunging -10.84% in 4 Weeks, Here's Why the Trend Might Reverse for Skechers (SKX)
ZACKS· 2024-08-07 14:36
Skechers (SKX) has been on a downward spiral lately with significant selling pressure. After declining 10.8% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is o ...