Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, July 25, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Skechers U.S.A., Inc. (“Skechers” or “the Company”) (NYSE: SKX) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Skechers investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investors are encouraged to contact attorn ...

Core Viewpoint - Deckers Outdoor exceeded expectations in its Q1 report, alleviating investor concerns about growth despite earlier stock declines due to tariff fears and weakening consumer sentiment [1][2]. Financial Performance - Revenue grew 17% to $964.5 million, surpassing the consensus estimate of $900.4 million [4]. - Hoka revenue increased by 19.8% to $653.1 million, while UGG sales rose 18.9% to $265.1 million [5]. - Wholesale revenue surged 26.7% to $652.4 million, and international sales jumped 49.7% to $463.3 million, driven by strong performance in China [6]. - Gross margin decreased from 56.9% to 55.8%, but operating income rose from $132.8 million to $165.3 million, with EPS increasing from $0.75 to $0.93, exceeding estimates of $0.68 [7]. Future Outlook - The company anticipates a $185 million increase in costs due to new tariffs, which could impact revenue by nearly 4% [8]. - For Q2, revenue is expected to be between $1.38 billion and $1.42 billion, reflecting a 7% increase at the midpoint, with EPS projected between $1.50 and $1.55 [9].

Group 1: Intel - Intel's stock fell more than 8% to $20.76 per share after a 3.5% decline on Thursday due to the announcement of a plan to cut 25,000 staff and scrap European projects as part of a turnaround strategy [2] Group 2: AEye - AEye's stock rose about 18% to $3.44 per share following a significant 160% surge on Thursday, attributed to the integration of its Apollo lidar units into Nvidia's Drive AGX platform, with second-quarter results expected next week [3] Group 3: Deckers Outdoor - Deckers Outdoor's stock increased over 12% to $118.19 per share after reporting better-than-expected second-quarter results, with earnings per share 44% higher than analysts' estimates [4][8] Group 4: UnitedHealth - UnitedHealth's stock decreased about 0.6% to $277.03 per share after a nearly 5% decline, following confirmation of a Department of Justice investigation into its Medicare billing practices, with potential Medicare fraud allegations reported [9] Group 5: AST SpaceMobile - AST SpaceMobile's stock dropped over 8% to $54.99 per share after a 2% gain on Thursday, following the announcement of a proposed private offering of $500 million in convertible senior notes [10]

Market Overview - The market opened mixed, with the Dow dropping -316 points (-0.70%) after a +500-point gain the previous day, while the S&P 500 and Nasdaq saw modest increases of +0.07% and +0.18% respectively [1] - The small-cap Russell 2000 index fell -1.3% [1] Services & Manufacturing PMI - The S&P Services PMI for July was reported at 55.2, exceeding expectations of 53.2 and the previous month's 52.9, marking the highest level in 2025 [2] - In contrast, the S&P Manufacturing PMI fell to 49.5, below the anticipated 52.7 and the previous month's 52.9, indicating a decline in new orders for the first time this year [3] Earnings Results - Intel reported Q2 earnings with a loss of -$0.10 per share, missing the expected +$0.01, while revenues were $12.9 billion, surpassing the consensus of $11.87 billion [4] - Intel's guidance for Q3 includes revenue expectations of $12.6-13.6 billion but forecasts earnings of $0.00 per share, down from the expected 2 cents, and announced a further -15% workforce reduction [5] - Deckers Outdoor exceeded earnings expectations with 93 cents per share against estimates of 68 cents, and revenues of $965 million, a +17% increase year-over-year [6] - Despite a +20% surge in shares post-announcement, Deckers' stock is still down approximately -40% year-to-date [7] Upcoming Economic Indicators - Durable Goods Orders for June are anticipated to show a negative swing, with estimates at -11%, following erratic behavior influenced by tariff policies [8] - Q2 earnings reports are expected from Phillips 66 and AutoNation, with major companies like Microsoft, Apple, and Amazon set to report next week [9][10]

Financial Data and Key Metrics Changes - The company reported total revenue of $965 million, a 17% increase compared to the previous year [8][31] - Diluted earnings per share rose 24% to $0.93 from $0.75 in the prior year [8][31] - Gross margin decreased to 55.8%, down 110 basis points from 56.9% last year [31] Business Line Data and Key Metrics Changes - HOKA's global revenue increased 20% to $653 million, with wholesale up 30% and DTC up 3% [10][23] - UGG's global revenue rose 19% to $265 million, with wholesale increasing 30% while DTC decreased by 1% [23][24] Market Data and Key Metrics Changes - International revenue for Deckers increased by 50%, significantly contributing to overall growth [8] - EMEA and China were the largest contributors to international growth for both HOKA and UGG [11][24] Company Strategy and Development Direction - The company focuses on building premium brands through authenticity, innovation, and purpose [9] - HOKA aims to enhance its market presence through strategic retail expansions and improved consumer experiences [15][63] - UGG is leveraging its three sixty-five initiative to drive year-round sales, particularly in men's footwear and sandals [27] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating macroeconomic uncertainties and emphasized the importance of brand strength [30][42] - The company is cautious about consumer reactions to price increases and tariffs but remains optimistic about brand momentum [42][66] Other Important Information - The company repurchased approximately $183 million worth of shares during the first quarter [35] - The company ended the quarter with $1.7 billion in cash and equivalents, with no outstanding borrowings [35] Q&A Session Summary Question: HOKA's second quarter guidance and inventory status - Management indicated that HOKA is expected to grow 10% in Q2, with improvements in both wholesale and DTC channels [48][50] - Inventory for older models like Bondi Eight and Clifton Nine is largely cleared, with positive performance for Arahi Eight [51] Question: DTC growth and retail strategy - Management confirmed expectations for balanced growth between wholesale and DTC, with improvements anticipated in the U.S. market [60][62] - The company plans to expand its retail footprint, with new stores opening in key international markets [63] Question: Price increase strategy - The company is implementing selective price increases, with some products seeing increases of around $5 [71][75] - Price adjustments will be evaluated based on tariff impacts and consumer response [75] Question: HOKA's international performance and growth drivers - International growth is driven by strong sell-through rates and new distribution partnerships [91] - Management remains optimistic about healthy order books for the upcoming seasons [92] Question: SG&A outlook and spending control - SG&A expenses are expected to increase due to investments in brand building and marketing [94] - The company will manage expenses efficiently while continuing to invest in growth initiatives [96]

Core Viewpoint - On Holding (ONON) is experiencing volatility, currently trading at $49.94, down 3.2% in the afternoon, with an 8.5% year-to-date deficit, but historical patterns suggest potential for recovery [1] Group 1: Stock Performance - Since mid-June, ONON has faced resistance at $55, limiting breakout attempts and contributing to its year-to-date underperformance [1] - Historical data indicates that after similar market conditions, ONON has increased in value 75% of the time, averaging a 10.6% gain one month later [2] Group 2: Technical Indicators - ONON is currently within one standard deviation of the 80-day moving average, having spent 80% of the past two months above this average [2] - The stock's recent trading behavior suggests a potential upward movement if the historical trend continues [2] Group 3: Market Sentiment - Options traders exhibit extreme bearish sentiment, with a put/call open interest ratio of 1.66, placing it in the 99th percentile of the past year [4] - A reversal of this bearish sentiment could provide additional support for ONON's stock price [4]

Core Perspective - Crocs, Inc. has launched a community impact platform called STEP UP TO GREATNESS aimed at positively impacting over 3 million youth globally by equipping them with essential skills and opportunities [1][2] Group 1: STEP UP TO GREATNESS Initiative - The STEP UP TO GREATNESS platform focuses on helping young people gain skills, build confidence, and access opportunities to reach their potential [1][2] - Crocs, Inc. has committed to a multi-year partnership with UNICEF's UPSHIFT program, which aims to equip youth with 21st-century skills through innovation and entrepreneurship [1][3] Group 2: Partnership with UNICEF - UNICEF's UPSHIFT program has graduated 5.2 million participants over the last decade, collectively completing 145 million learning hours across 56 countries [4] - The partnership with Crocs, Inc. is expected to scale the impact of UPSHIFT, focusing on unlocking youth potential and fostering problem-solving skills [4] Group 3: Company Mission and Values - Crocs, Inc. aims to create a more comfortable world for all, which includes supporting communities through initiatives like STEP UP TO GREATNESS [4] - The company emphasizes the importance of creativity, communication, innovation, collaboration, and adaptability as fundamental skills for the future [3]

Core Viewpoint - The article discusses the rise of "ugly shoes" as a fashion trend among young people, highlighting a shift from traditional stylish footwear to more comfortable and unconventional designs that prioritize comfort over aesthetics [1][3][4]. Group 1: Fashion Trends - 2024 is declared the year of ugly shoes, with a trend towards wearing increasingly unconventional and unattractive footwear as a statement of individuality [3][4]. - Popular styles include clogs, Ugg boots, and chef shoes, which are now embraced by a wide demographic, from celebrities to everyday workers [3][4]. - The trend reflects a broader cultural shift away from consumerism and traditional fashion norms, with young people opting for comfort and practicality [4][45]. Group 2: Specific Shoe Styles - New versions of ugly shoes are emerging, with designs that intentionally emphasize unattractiveness, such as ballet flats inspired by old-fashioned shoes and five-toe shoes [6][22]. - The popularity of mesh shoes and jelly sandals has surged, with prices reaching up to $950 for designer versions, indicating a willingness to pay for unique and comfortable designs [10][12][24]. - Brands like KEEN have gained traction among young consumers, with their outdoor shoes being worn in urban settings, showcasing a blend of functionality and style [50][58]. Group 3: Cultural Implications - The shift towards ugly shoes signifies a rebellion against traditional beauty standards and societal expectations, particularly regarding women's fashion [71][75]. - High heels are increasingly viewed as outdated and impractical, with many young women opting for comfortable alternatives that reflect a more relaxed and authentic lifestyle [81][89]. - The article suggests that this trend is not just about footwear but represents a broader cultural movement towards comfort, individuality, and a rejection of past fashion norms [89][90].

Group 1: Momentum Investing Overview - Momentum investing contrasts with the traditional strategy of "buy low and sell high," focusing instead on "buying high and selling higher" to capitalize on fast-moving stocks [1] - Identifying the right entry point for trending stocks can be challenging, as they may lose momentum if future growth does not justify their high valuations [1] Group 2: Investment Strategy - A safer investment approach involves targeting bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify promising candidates [2] - Wolverine World Wide (WWW) has been highlighted as a strong candidate, showing a price increase of 20.4% over the past four weeks [3] Group 3: Performance Metrics - WWW has demonstrated significant long-term momentum, with a price increase of 60.9% over the past 12 weeks and a beta of 1.7, indicating it moves 70% more than the market [4] - The stock has a Momentum Score of B, suggesting it is an opportune time to invest [5] Group 4: Earnings and Valuation - An upward trend in earnings estimate revisions has contributed to WWW's Zacks Rank 2 (Buy), indicating strong investor interest as analysts raise earnings estimates [6] - Despite its momentum, WWW is trading at a reasonable valuation with a Price-to-Sales ratio of 0.95, meaning investors pay 95 cents for each dollar of sales [6] Group 5: Additional Opportunities - Besides WWW, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [7] - The Zacks Premium Screens offer over 45 strategies tailored to help investors find winning stock picks [8]

Core Concept - Chili's Grill & Bar is collaborating with Tecovas to launch limited-edition Booth Boots, handcrafted cowboy boots made from the material of Chili's iconic red booths, celebrating both brands' Texas heritage and style [1][2][4]. Product Details - The Booth Boots collection includes a matching Booth Belt and features classic silhouettes with bold design elements, such as exclusive chili pepper stitching [3][5]. - The Booth Boots retail for $345, while the Booth Belt is priced at $75 [5][7]. Availability - The limited-edition Booth Boots and Booth Belt will be available on Tecovas.com starting July 29 at 10 a.m. CT [3][5]. - Select Tecovas stores will serve Chili's margaritas on August 2 to celebrate the collection launch [6]. Brand Background - Chili's has been a leader in the casual dining industry since its founding in 1975, operating 1,600 restaurants across 29 countries and territories [9]. - Tecovas, established in 2015, is known for its handcrafted Western footwear and has rapidly expanded its presence both online and through physical stores [10].