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?
SKX's first-quarter results reflect higher year-over-year sales, highlighting strong global demand and effective execution across distribution channels.
Skechers U.S.A., Inc. (NYSE:SKX ) Q1 2025 Earnings Conference Call April 24, 2025 4:30 PM ET Company Participants Soo Hwang - Senior Director of International Merchandising David Weinberg - COO John Vandemore - CFO Conference Call Participants Jay Sole - UBS Laurent Vasilescu - BNP Paribas Peter McGoldrick - Stifel Adrienne Yih - Barclays Alex Straton - Morgan Stanley John Kernan - TD Cowen Jesalyn Wong - Evercore ISI Josh Reiss - Raymond James Krisztina Katai - Deutsche Bank Chris Nardone - Bank of America Anna Andreeva - Piper Sandler Tom Nikic - Needham & Company Sam Poser - Williams Trading Operator Greetings, and welcome to Skechers First Quarter 2025 Earnings Conference Call.
Footwear & Accessories Industry | Consumer Cyclical Sector | Mr. Robert Y. Greenberg CEO | XDUS Exchange | US8305661055 ISIN |
US Country | 9,200 Employees | - Last Dividend | 16 Oct 2015 Last Split | 9 Jun 1999 IPO Date |
Skechers U.S.A., Inc., established in 1992 and headquartered in Manhattan Beach, California, is a global leader in the footwear industry, offering a diverse range of products for men, women, and children. The company operates through two main segments: Wholesale and Direct-to-Consumer, distributing its products worldwide. Skechers is known for its innovative and comfort-oriented footwear, catering to various consumer needs through department stores, specialty retailers, its own retail stores, and digital platforms. The brand is also involved in licensing its Skechers label as part of its comprehensive market strategy.
Skechers products are available through a broad distribution network, including department and specialty stores, company-owned outlets, and online platforms. Additionally, the company expands its reach through franchisee and licensee channels, further solidifying its presence in the global footwear market.