SKX - Skechers U.S.A., Inc.

NYSE - NYSE Delayed Price. Currency in USD
+0.15 (+0.46%)
At close: 4:01PM EST
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Previous Close32.84
Bid0.00 x 3200
Ask0.00 x 800
Day's Range32.75 - 33.38
52 Week Range21.45 - 43.08
Avg. Volume2,909,783
Market Cap5.214B
Beta (3Y Monthly)0.87
PE Ratio (TTM)17.18
EPS (TTM)1.92
Earnings DateFeb 6, 2019 - Feb 11, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est35.33
Trade prices are not sourced from all markets
  • 7 Athletic Stocks That Could Run Higher
    InvestorPlace4 days ago

    7 Athletic Stocks That Could Run Higher

    Fashion trends come and go, but one trend that has bucked the cycle and remained atop the global fashion category for several years now is the athletic apparel trend, boosting athletic stocks.Broadly speaking, consumers have gravitated increasingly towards athletic apparel as the athletic and casual fashion categories have converged on one another to create the now immensely popular athleisure space. According to Piper Jaffray's Taking Stock with Teens Survey, the athletic apparel category has benefited from consistently rising mind-share ever since 2008.It's now 2019, and that mind-share is still growing.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn other words, the rise of the athletic apparel category is starting to look more like a secular consumer lifestyle trend, than a cyclical fashion trend. As such, the athletic apparel stocks which have run higher over the past several years thanks to this trend, should continue to run higher over the next several years, too, as the trend persists. * 9 U.S. Stocks That Are Coming to Life Again With that in mind, let's take a look at seven athletic stocks that are ready to run higher.Source: Shutterstock Nike (NKE)At the top of the athletic apparel category is Nike (NYSE:NKE).Nike is the unchallenged leader in this market, and that has been the case for several decades now. To be sure, competitive threats arise in the space every few years to challenge Nike's dominance. But all these really do is embolden Nike. NKE stock allocates a bunch of resources to growth-related initiatives, squashes the competition and expands its dominance.This will remain true for the foreseeable future. Every trend is moving in Nike's favor right now, including robust growth in China, margin improvements, an impressive pace of product innovation, market expansion into men's yoga apparel and big contract wins to supply the MLB with on-field jerseys and equipment. So long as these trends remain favorable, Nike stock will remain on a winning trajectory. Source: Shutterstock Foot Locker (FL)If there is one way to play the Nike trend without buying Nike stock, then it is buying shares of Foot Locker (NYSE:FL) instead.For all intents and purposes, Foot Locker is Nike's retailer. About 70% of the product sold at Foot Locker stores and online is Nike product. This is why as Nike has regained dominance in the athletic apparel industry over the past few quarters, Foot Locker's numbers have materially improved, and FL stock has gone from $40 to $60. * Buy These 5 Stocks to Play the Megatrend of the Century This correlated uptrend in FL and NKE stock will persist. To be sure, Nike is pushing direct sales and narrowing its wholesale channel portfolio. But, that narrowing does not include any cuts to Foot Locker, since Nike sees Foot Locker as an extremely valuable channel to reach customers. Thus, the Nike and Foot Locker relationship will remain healthy for a lot longer, and that will power both of these stocks higher.Source: Shutterstock Lululemon (LULU)The hottest name in the athletic apparel space right now is Lululemon (NASDAQ:LULU).Lululemon has made a name for itself over the past decade as the top provide of high-quality women's yoga apparel. LULU killed it in that industry and developed second-to-none brand equity and customer loyalty among their core demographic (female yogis). Now, Lululemon is leveraging that supercharged brand equity and customer loyalty to significantly expand their product assortment and demographic reach. This includes jumping into the men's business and expanding well beyond the yoga space.Overall, Lululemon is currently in the process of shifting from a niche yoga apparel brand to a broad athletic apparel brand. Because the company has established a strong reputation for itself for developing high-quality clothing, this shift is playing out smoothly for the company.Net result? Dramatically higher revenues and profits. This trend will persist, since Lululemon is still so small relative to other athletic apparel giants. As such, LULU stock should remain in a solid uptrend for the foreseeable future.Source: Shutterstock Skechers (SKX)One of the most underrated athletic apparel brands in the world is Skechers (NYSE:SKX).Most athletic apparel brands, like Nike or Lululemon, fight to be the coolest and trendiest brand in the space. Skechers doesn't really care about that. Instead, this company has consistently emphasized price and comfort over coolness and style. This emphasis has made the brand unpopular among trend-oriented consumers, but has also made the brand super popular among consumers who -- much like the brand -- want comfort over style.As it turns out, this market is pretty big, and Skechers is dominating it on a global scale. That is why this company has been a solid high-single-digit and up revenue grower for the past several years. But, SKX stock has failed to rally alongside revenues because margins have been an issue, and profit growth has been diluted. That margin headwind appears to be turning a corner. * 10 Best Dividend Stocks to Buy for the Next 10 Months Last quarter, for the first time in a long time, Skechers grew revenues and profits side-by-side. If the company can maintain this new trend, then SKX stock will continue to rally in a big way given its still depressed valuation (just 17x forward earnings).Source: Jose Carlos Cortizo Perez via Flickr Athletic Stocks to Buy: Puma (PUMAF)One of the largest athletic apparel brands in the world is Puma (OTCMKTS:PMMAF), yet the company is hardly talked about in mainstream media. That's about to change.For the first time in over twenty years, Puma is making moves in the ultra-valuable basketball market. These moves aren't small, either. Puma has named rapper/celebrity Jay-Z -- someone who has a lot of clout in basketball circles -- as creative director of Puma Basketball. They've also signed DeAndre Ayton and Marvin Bagley -- the top two picks in last year's NBA draft and potential future all stars -- to multi-year contracts. NBA players DeMarcus Cousins and Rudy Gay are also new Puma athletes.Overall, Puma is starting to make some noise in the too-big-to-ignore basketball market. With Jay-Z on board, it shouldn't be too hard to lure a few big names over to the brand. As such, this basketball revolution at Puma is just getting started, and as it plays out over the next several quarters and years, Puma's revenues, profits and stock price should all rise.Source: Shutterstock Dick's Sporting Goods (DKS)Sporting goods stores were supposed to be a dying breed. However, one company that has managed to hold its own is Dick's Sporting Goods (NYSE:DKS).As consumers have shifted online and athletic apparel brands have shifted to focus on direct-sales channels, sporting goods stores have been increasingly cut out of the athletic apparel retail landscape, and many have been forced to shutter their doors. But, not Dick's Sporting Goods. Instead, DKS went through a rough patch, has come out the other side and is now reporting numbers that don't at all indicate bankruptcy any time soon.Over the next few years, Dick's Sporting Goods will undergo a Best Buy (NYSE:BBY)-type renaissance. Electronics stores were also a dying breed earlier this decade. But, Best Buy survived the electronics store apocalypse, came out the other side stronger than ever, and gobbled up all the excess market share, which led to robust profit growth and huge gains for BBY stock. * 7 Reasons You Want Boeing Stock in Your Portfolio The same thing will happen with Dick's Sporting Goods in the sporting goods industry over the next few years. As such, now looks like a good time to buy into a relatively depressed stock before it moves to new highs.Source: McArthurGlen Designer Outlets via Flickr (modified) Columbia (COLM)Often left out of the discussion about athletic apparel brands is Columbia (NASDAQ:COLM). But Columbia's torrid growth as of late makes the company hard to ignore.Columbia is coming off a quarter and full year that saw record sales, gross margins, operating profits, net profits and earnings per share. Last quarter, revenues rose 17% and operating profits rose 34%. Last year, revenues rose 11% and operating profits rose 30%. Next year, revenues are expected to rise in the mid-to-high-single-digit range, while gross margins are expected to expand and profits are guided to head higher, too.Overall, Columbia is simply on fire right now. The stock isn't terribly expensive, around 26x forward earnings, a level which has been historically normal for COLM stock. Investor sentiment is bullish. So is analyst sentiment. The technicals are healthy. Putting it all together, it looks like COLM stock can and will continue to head higher from here.As of this writing, Luke Lango was long NKE, FL, LULU, SKX, and BBY. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 U.S. Stocks That Are Coming to Life Again * The 7 Best Video Game Stocks to Power Up Your Portfolio! * 5 Tips to Become a Better Stock Trader Compare Brokers The post 7 Athletic Stocks That Could Run Higher appeared first on InvestorPlace.

  • Skechers Surpasses 3,000-Store Milestone Worldwide
    Business Wire5 days ago

    Skechers Surpasses 3,000-Store Milestone Worldwide

    Skechers USA, Inc. (SKX), a global footwear leader, announced that the Company has surpassed 3,000 Skechers retail stores worldwide with the opening of a store in Shenyang, China – now the brand’s largest. The latest milestone reflects the growing omni-channel presence of the brand as the Company continues to expand its retail, sales and logistic infrastructure to meet the global market’s growing demands for Skechers footwear. At more than 32,000 square feet, the Skechers superstore in Shenyang joins a network of similar superstores in North America designed to showcase the brand’s diverse footwear styles for men, women and children with dedicated shop-in-shops for its collections, Skechers Kids entertainment zones, and areas devoted to the brand’s growing line of apparel and accessories.

  • Wolverine (WWW) Up on Dividend Hike and Share Buyback Plan
    Zacks5 days ago

    Wolverine (WWW) Up on Dividend Hike and Share Buyback Plan

    Wolverine (WWW) announces a 25% hike in its quarterly dividend. Also, the company stated that it will buy back up to $400 million worth of shares in the next four years.

  • 5 Reasons Skechers Stock Could Keep Soaring
    Motley Fool6 days ago

    5 Reasons Skechers Stock Could Keep Soaring

    The oft-overlooked shoemaker still has plenty of room to run.

  • Has Skechers U.S.A. (SKX) Outpaced Other Consumer Discretionary Stocks This Year?
    Zacks6 days ago

    Has Skechers U.S.A. (SKX) Outpaced Other Consumer Discretionary Stocks This Year?

    Is (SKX) Outperforming Other Consumer Discretionary Stocks This Year?

  • Business Wire6 days ago

    Skechers India to Become Wholly-Owned Subsidiary of Skechers Footwear

    Skechers U.S.A., Inc. (SKX), a global leader in the footwear industry, today announced that the Company has purchased the minority share of its joint venture in India, transitioning the business to a new wholly-owned subsidiary of Skechers U.S.A., Inc. Already one of the fastest growing and largest international markets for Skechers, the Company believes that combining the experienced team and Skechers’ proven sales and marketing capabilities will allow it to grow the brand and its presence in a faster, more efficient manner, ultimately meeting its fullest potential.

  • Skechers Finishes a Bumpy 2018 on a High Note
    Motley Fool6 days ago

    Skechers Finishes a Bumpy 2018 on a High Note

    But guidance for the new year promised more volatility in results for the shoe brand.

  • Skechers Keeps Its Costs Under Control
    Motley Fool7 days ago

    Skechers Keeps Its Costs Under Control

    The footwear company is still investing in growth, but earnings are no longer in decline.

  • Company News For Feb 11, 2019
    Zacks7 days ago

    Company News For Feb 11, 2019

    Companies In The News Are: MAT,COTY,SKX,EXPE

  • Thomson Reuters StreetEvents7 days ago

    Edited Transcript of SKX earnings conference call or presentation 7-Feb-19 9:30pm GMT

    Q4 2018 Skechers USA Inc Earnings Call

  • Skechers shares soar as analysts weigh in on profit beat
    MarketWatch7 days ago

    Skechers shares soar as analysts weigh in on profit beat

    Skechers USA Inc. shares soar 17% as analysts weigh in on the casual shoe company’s better-than-expected fourth-quarter profit in earnings released late Thursday.

  • TheStreet.com9 days ago

    Dow Tumbles on China Pessimism, Nasdaq Rises on Tech Rebound

    Stocks were mixed on Friday, Feb. 8, as investors increasingly grew concerned that Donald Trump's decision not to meet with Chinese President Xi Jinping before their self-imposed deadline for a trade deal signals a lack of progress in the months-long negotiations. Trump told reporters in the White House that he has no plans to meet Xi between now and March 2, when his administration has vowed to increase tariffs on $200 billion worth of China-made goods to 25% from 10% if a trade deal isn't in place. Trump's brief comments suggested talks, which resume next week in Beijing with U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer, remain stuck on key issues such as China's broader market reforms and intellectual property protections.

  • Skechers (SKX) Q4 2018 Earnings Conference Call Transcript
    Motley Fool10 days ago

    Skechers (SKX) Q4 2018 Earnings Conference Call Transcript

    SKX earnings call for the period ending December 31, 2018.

  • Why Skechers USA, Coty, and Electronic Arts Jumped Today
    Motley Fool10 days ago

    Why Skechers USA, Coty, and Electronic Arts Jumped Today

    Even on a mixed day, these companies managed to post gains

  • TheStreet.com10 days ago

    How to Trade Skechers After 14% Earnings Jolt

    were flying higher on Friday, up 15.2% to $31.91 after the company's better-than-expected fourth-quarter earnings results. It doesn't help that Sketchers stock was ~30% off its December lows going into earnings. A longer-term move back up to $42 allows Skechers stock to fill that dreadful gap it suffered in April.

  • Skechers Earnings: SKX Stock Soars on Better-Than-Expected Results
    InvestorPlace10 days ago

    Skechers Earnings: SKX Stock Soars on Better-Than-Expected Results

    Skechers earnings for the fourth quarter of 2018 has SKX stock on the rise Friday.Source: Shutterstock Skechers (NYSE:SKX) reported earnings per share of 31 cents for the fourth quarter of 2018. This is better than the company's earnings per share of 21 cents from the fourth quarter of 2017. It was also a boon to SKX stock by beating out Wall Street's earnings per share estimate of 23 cents for the period.Skechers earnings for the fourth quarter of the year also include net income of $67.11 million. This is an increase over the company's net loss of $51.76 million for the same period of the year prior.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOperating income in the Skechers earnings report for the fourth quarter of 2018 comes in at $83.70 million. The shoe company's operating income from the fourth quarter of the previous year was $55.65 million.The most recent Skechers earnings report also has revenue for the quarter coming in at $1.08 billion. This is up from the company's revenue of $970.59 million reported during the same time last year. However, it is below Wall Street's revenue estimate of $1.10 billion for the quarter, but that wasn't keeping SKX stock down today. * 7 Reasons You Want Boeing Stock in Your Portfolio The Skechers earnings report for the fourth quarter of 2018 also includes its outlook for the first quarter of 2019. The company is expecting earnings per share between 70 cents and 75 cents on revenue ranging from $1.275 billion to $1.300 billion. Wall Street is looking for earnings per share of 69 on revenue of $1.35 billion for the quarter.SKX stock was up 16% as of noon Friday. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Monster Growth Stocks to Buy for 2019 and Beyond * 7 Cloud Stocks To Buy Now * 5 Undervalued Stocks to Invest In As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Skechers Earnings: SKX Stock Soars on Better-Than-Expected Results appeared first on InvestorPlace.

  • Dow Jones Leads The Retreat, But Volume Falls Off; These 4 Growth Stocks Make Big Gaps Up
    Investor's Business Daily10 days ago

    Dow Jones Leads The Retreat, But Volume Falls Off; These 4 Growth Stocks Make Big Gaps Up

    Breakouts grew Thursday, which has been the recent trend. The uptrend began with virtually no breakouts, but that's no longer the case.

  • Fourth-Quarter Earnings Propel Skechers Shares Nearly 19% Higher Friday Morning
    Motley Fool10 days ago

    Fourth-Quarter Earnings Propel Skechers Shares Nearly 19% Higher Friday Morning

    International growth helped the footwear company surpass earnings expectations.

  • Benzinga10 days ago

    The Street Debates Skechers Q4: Sustainable Momentum Or One-Off Quarter?

    Skechers USA Inc (NYSE: SKX ) reported Thursday afternoon with a strong fourth-quarter earnings report and encouraging first-quarter guidance. Here's how the Street reacted to the footwear company's print ...

  • Barrons.com10 days ago

    Skechers Stock Is Surging, but Nike Isn’t an Also-Ran

    Where we were: Nike and Skechers had very different years last year, with the former running up despite market woes, and the latter lost a step. Where we’re headed: While both stocks are higher Friday, Skechers is sprinting ahead double digits. Same-store sales at company-owned stores rose 1.1%, while gross margins expanded 90 basis points to 47.7%.

  • CNBC10 days ago

    Stocks making the biggest moves midday: Goodyear Tire, Skechers, Mattel & more

    Skechers reported 2018 was "a year of record sales," with the fourth quarter breaking above $1 billion in sales for the first time. Goodyear Tire GT — Shares of the tire manufacturer fell nearly 10 percent and hit a new 52-week low Friday after missing Wall Street's expectations for the fourth quarter. Inogen INGN — Inogen's stock slid nearly 7 percent after short-seller Muddy Waters Research said it has taken a short position in the maker of oxygen therapy.

  • TheStreet.com10 days ago

    Skechers Swings to Q4 Profit as International Sales Surge; Stock at 9-Month High

    shares traded sharply higher Friday, to test the highest levels in nine months, after a big boost in international sales lifted the footwear group to stronger-than-expected fourth quarter profits. Group sales, Skechers said, jumped 11.4% to just over $1.08 billion, thanks to an 18.4% gain for its international wholesale business, while gross margins improved by nearly 100 basis point to 47.7%. Looking into the first quarter of this year, Skechers said it sees diluted earnings of between 70 cents and 75 cents per share, well ahead of the Refinitiv forecast of 65 cents, with sales in the region of $1.275 billion to $1.3 billion.

  • Skechers (SKX) Q4 Earnings Beat, Revenues Miss Estimates
    Zacks10 days ago

    Skechers (SKX) Q4 Earnings Beat, Revenues Miss Estimates

    Skechers (SKX) witnesses double-digit sales growth across its international business and single digit sales increase across its both domestic wholesale and retail businesses.

  • The Wall Street Journal10 days ago

    [$$] Stocks to Watch: Expedia, Mattel, Gannett

    As earnings season winds down, Expedia, Mattel, Gannett, and Skechers are among the stocks to watch Friday.

  • Skechers Takes Another Step In The Right Direction
    Yahoo Finance Video10 days ago

    Skechers Takes Another Step In The Right Direction

    2018 was a year of record growth for Skechers. Yahoo Finance's Melody Hahm and Dan Roberts recap on the sneaker brands strong Q4 earnings and better than expected guidance.