Skechers U.S.A., Inc. (SKX) Hits Fresh High: Is There Still Room to Run?

Shares of Skechers (SKX) have been strong performers lately, with the stock up 7.5% over the past month. The stock hit a new 52-week high of $73.84 in the previous session. Skechers has gained 16.9% since the start of the year compared to the -2% move for the Zacks Consumer Discretionary sector and the -7.7% return for the Zacks Shoes and Retail Apparel industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus es ...