Consumer Cyclical -
Apparel - Footwear & Accessories - NYSE - US
$ 61.455
-0.0489 %
$ 9.25 B
Market Cap
14.71
P/E
1. INTRINSIC VALUE
Balance Sheet
Skechers U.S.A., Inc.
| Current Assets | 4.45 B |
| Cash & Short-Term Investments | 1.23 B |
| Receivables | 1.09 B |
| Other Current Assets | 2.13 B |
| Non-Current Assets | 4.01 B |
| Long-Term Investments | 147 M |
| PP&E | 3.2 B |
| Other Non-Current Assets | 661 M |
| Current Liabilities | 2.26 B |
| Accounts Payable | 968 M |
| Short-Term Debt | 651 M |
| Other Current Liabilities | 637 M |
| Non-Current Liabilities | 1.38 B |
| Long-Term Debt | 68.4 M |
| Other Non-Current Liabilities | 1.31 B |
EFFICIENCY
Earnings Waterfall
Skechers U.S.A., Inc.
| Revenue | 8.97 B |
| Cost Of Revenue | 4.2 B |
| Gross Profit | 4.77 B |
| Operating Expenses | 3.86 B |
| Operating Income | 904 M |
| Other Expenses | 175 M |
| Net Income | 730 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Skechers U.S.A., Inc.
| Net Income | 730 M |
| Depreciation & Amortization | 211 M |
| Capital Expenditures | -417 M |
| Stock-Based Compensation | 86.7 M |
| Change in Working Capital | -425 M |
| Others | 84.3 M |
| Free Cash Flow | 271 M |
Wall Street Analysts Price Targets
Skechers U.S.A., Inc.
Wall Street analysts predict an average 1-year price target for SKX of $77.1 , with forecasts ranging from
a
low of
$53 to a high of $88 .
SKX Lowest Price Target
Wall Street Target
53 USD
-13.76%
SKX Average Price Target
Wall Street Target
77.1 USD
25.43%
SKX Highest Price Target
Wall Street Target
88 USD
43.19%
4. DIVIDEND
ANALYSIS
SKX does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Skechers U.S.A., Inc.
Sold
0-3 MONTHS
8.52 M USD 6
3-6 MONTHS
6.8 M USD 3
6-9 MONTHS
29.5 M USD 1
9-12 MONTHS
350 K USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Johnson Fistel Investigates Fairness of Proposed Sale of Skechers to 3G Capital
SAN DIEGO, May 06, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of Skechers U.S.A., Inc. (NYSE: SKX) breached their fiduciary duties in connection with the proposed sale of the Company to 3G Capital Corp. (“3G”).
globenewswire.com
- 1 week ago
Skechers to go private following $9.4B deal with 3G Capital
Private equity firm 3G Capital reached a deal to buy Skechers and take the footwear company private. The deal is set to close in the third quarter.
foxbusiness.com
- 1 week ago
Live Nasdaq Composite: Fear Grips Markets as Investor Sentiment Shifts Yet Again
Live Updates Live Coverage Has Ended Ford in Focus 3:55 pm by Gerelyn Terzo The markets finished the day the way that it started – lower -putting an end to a multi-day winning streak. Now the markets are gearing up to process quarterly earnings results from Ford (NYSE: F), whose stock fell 1.2% during regular market hours. Automakers have had a target on their backs for tariffs, and the markets will be looking for greater clarity on any impacts in Ford’s performance. Here’s how the major indices finished the day: Dow Jones Industrial Average: Down 69.52 (-0.17%) Nasdaq Composite: Down 132.40 (-0.74%) S&P 500: Down 36.79 (-0.66%) America First Economy 12:38 pm by Gerelyn Terzo U.S. Treasury Secretary Scott Bessent is speaking at the Milken conference today, addressing global investors about President Trump’s economic agenda. As part of his America First vision, President Trump is looking to make the U.S. economy more appealing to investors amid a strategy involving tariffs, tax cuts and deregulation – oh my. While the markets await further details on trade talk progress, the three major stock market averages are mixed, including a slight gain in the Dow Jones Industrial Average while the S&P 500 and Nasdaq Composite remain lower. Tariff Uncertainty Remains 11:36 am by Gerelyn Terzo The Dow Jones Industrial Average has turned higher, managing a 7-point gain after starting the session in the red. Meanwhile, technology stocks continue to weigh on the Nasdaq Composite and S&P 500. According to TD Cowen, tariff-related price hikes are set to rear their heads in May’s inflation print. Much of the tariff damage will unfold in the summer months as lower-priced inventories dwindle at businesses. The firm says consumers are between a rock and a hard place as tariff-related costs trickle down to them, a situation exacerbated by higher shipping costs. Selling Eases 10:04 am by Gerelyn Terzo The markets remain under pressure this morning but are off their lowest levels of the session. Netflix (Nasdaq; NFLX) shares are off about 2% on the day after last week’s rally. ON Semi (Nasdaq: ON) is falling 8% on the day after reporting its Q1 results, while industry peer Advanced Micro Devices (Nasdaq: AMD) is gaining 2%. Here’s a look at where things stand with the broader market averages: Dow Jones Industrial Average: Down 53.67 (-0.16%) Nasdaq Composite: Down 97.38 (-0.55%) S&P 500: Down 30.46 (-0.52%) After a week of gains, fear has settled into the markets once again amid a bevy of catalysts. In addition to earnings, Fed Chairman Jerome Powell set to comment on the economy this week, suggesting it could be yet another roller coaster ride for investors. First-quarter earnings season continues to roll on, with names like Palantir Technologies (Nasdaq: PLTR) as well as Ford Motor (NYSE: F) and Diamondback Energy (Nasdaq: FANG) on the docket in the coming days. All three of the major stock market averages are trading in the red out of the gate, including a 1% decline in the Nasdaq Composite. Mag Seven stocks are mixed while the sell-off continues to unfold in Apple (Nasdaq: AAPL) shares, with a 2% decline today. All sectors of the economy are currently lower, the most severe of which is happening in energy stocks, which are down 2% this morning as the oil price continues its descent. Berkshire Hathaway (NYSE: BRK-B) has reached the end of an era now that billionaire Warren Buffett announced his retirement after six decades at the helm. With $300 million in cash on the sidelines, BRK-B is losing 6% on the day for a market cap of $1.09 trillion. Greg Abel will succeed Buffett at year-end 2025. Here’s a look at the performance as of morning trading: Dow Jones Industrial Average: Down 196.82 (-0.49%) Nasdaq Composite: Down 175.23 (-1.03%) S&P 500: Down 52.04 (-0.88%) Market Movers Footwear company Skechers (NYSE: SKX) is going private, agreeing to a private equity takeover by 3G Capital in a deal that values the company at $63 per share, sending the stock higher by a double-digit percentage today. Jefferies has reiterated its “hold” rating on Tesla (Nasdaq: TSLA), suggesting the valuation has already given the stock the benefit of the doubt in areas like tech innovation and scalability. Mizuho analysts like Bloom Energy (NYSE: BE), upgrading shares to an “outperform” rating from “neutral” on an attractive risk/reward profile. The stock is up 3.5% today. The post Live Nasdaq Composite: Fear Grips Markets as Investor Sentiment Shifts Yet Again appeared first on 24/7 Wall St..
https://247wallst.com
- 1 week ago
S&P 500 INDEX (SPX) Live: The Markets Turn Cautious in Data-Filled Week
Live Updates Live Coverage Has Ended Markets Pivot to Ford Earnings 4:03 pm by Gerelyn Terzo The markets failed to turn around, ending the trading session lower across the board and ending a multi-session winning streak. Stocks are awaiting further details on trade deals, which the White House has revealed could come as soon as this week, which would not be soon enough for the markets. Ford (NYSE: F) stock fell just over 1% on the day ahead of the automaker’s quarterly results after the closing bell today. When fellow automaker General Motors (NYSE: GM) reported its quarterly results last month, the company withdrew its profit guidance due to tariff uncertainty. Here’s how the major indices finished the trading day: Dow Jones Industrial Average: Down 69.52 (-0.17%) Nasdaq Composite: Down 132.40 (-0.74%) S&P 500: Down 36.79 (-0.66%) Economic Uncertainty 12:32 pm by Gerelyn Terzo U.S. Treasury Secretary Scott Bessent is making the rounds, speaking to global investors today about President Trump’s economic plan. He pointed to a three-pronged approach, including tariffs, tax cuts and deregulation. Bessent’s remarks failed to provide any greater clarity on the status of tariff negotiations with key U.S. trade partners, leaving the markets at a standstill. The three major stock market averages remain mixed, with the Dow Jones Industrial Average moving higher while the S&P 500 and Nasdaq Composite remain lower. Winners and Losers 10:43 am by Gerelyn Terzo Airline stock Delta (NYSE: DAL) is gaining 3% on the day, while United Airlines (Nasdaq: UAL) is tacking on 2.7%. EQT (NYSE: EQT) is advancing by 2.9% on the day on the heels of a dividend announcement. Ralph Lauren (NYSE: RL) is up 2.8%. Tyson Foods (NYSE: TSN) is losing 9.6% today on a quarterly revenue miss. Zimmer Biomet (NYSE: ZBH) is also down 9%. In what is proving to be a volatile session on Wall Street, the markets have come off their lows of the session. The markets are coming off the heels of a nine-day winning streak and have come out of the gate with plenty of headlines to process, chief among which has been the announced retirement of Berkshire Hathaway (NYSE: BRK-B) CEO Warren Buffett. Wall Street firm TD Cowen has issued a report suggesting that price increases from tariffs will be reflected in May’s inflation data. The Federal Reserve gathers this week to determine the near-term outlook on interest rates while the markets will also be paying close attention to the tone in comments from Chairman Jerome Powell. First-quarter earnings continues to unfold as names like Palantir Technologies (Nasdaq: PLTR), Ford Motor (NYSE: F) and Diamondback Energy (Nasdaq: FANG) take the spotlight. Mag Seven stocks are a mixed bag as shares of Apple (Nasdaq: AAPL) extend their losses with a 2% decline today. Sectors of the economy were originally all lower but industrials and telecom stocks have since made their way into the green. Netflix (Nasdaq: NFLX) shares are lower after President Trump tossed in fresh tariffs on foreign-made films. Here’s a look at the performance as of morning trading: Dow Jones Industrial Average: Down 50.53 (-0.12%) Nasdaq Composite: Down 133.34 (-0.74%) S&P 500: Down 32.82 (-0.58%) Market Movers Berkshire Hathaway (NYSE: BRK-B) is down 6% but maintains a $1.1 trillion market cap as Buffett prepares to pass the reins to his successor Greg Abel at the end of the year. Footwear stock Skechers (NYSE: SKX) has decided to leave the publicly traded markets behind and has accepted a private equity takeover by 3G Capital for $63 per share, sending the stock higher by 25% percentage today. Jefferies maintains a “hold” rating on Tesla (Nasdaq: TSLA), suggesting the valuation has already given the stock the benefit of the doubt in areas like tech innovation and scalability. Mizuho analysts are bullish on Bloom Energy (NYSE: BE), lifting shares to an “outperform” rating from “neutral” on an attractive risk/reward profile and sending the stock 3.5% higher today. The post S&P 500 INDEX (SPX) Live: The Markets Turn Cautious in Data-Filled Week appeared first on 24/7 Wall St..
https://247wallst.com
- 1 week ago
Skechers Shareholders Unhappy with Merger Should Contact Shareholder Rights Firm Regarding Potential Legal Claims
NEW YORK , May 5, 2025 /PRNewswire/ -- Julie & Holleman LLP, a top-tier shareholder rights firm, is investigating the acquisition of Skechers U.S.A., Inc. (NYSE: SKX) by global investment firm 3G Capital.
prnewswire.com
- 2 weeks ago
Why Sketchers Stock Is Skyrocketing Today
The stock of Sketchers (SKX 24.44%) is surging in Monday's trading following an announcement that the company is set to be acquired. The footwear specialist's share price was up 24.5% as of 1:45 p.m.
fool.com
- 2 weeks ago
Skechers Stock Soars on $9.4 Billion Deal With 3G Capital to Go Private
Skechers (SKX) shares skyrocketed Monday after the lifestyle shoe manufacturer agreed to be taken private by investment firm 3G Capital for approximately $9.4 billion.
investopedia.com
- 2 weeks ago
Skechers shares jump 25% after striking $9.4B deal to go private
Investment firm 3G Capital, controlled by Brazilian billionaire financier Jorge Paulo Lemann, agreed to buy the company.
nypost.com
- 2 weeks ago
Skechers Stock Soars After This Firm Agrees To Acquire Company
3G Capital is offering $63 a share, a premium of nearly 28% from Friday's close at 49.37.
investors.com
- 2 weeks ago
SKX Investors Have the Opportunity to Join Investigation of Skechers U.S.A., Inc. with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--SKX Investors Have the Opportunity to Join Investigation of Skechers U.S.A., Inc. with the Schall Law Firm.
businesswire.com
- 2 weeks ago
Skechers Sells For $9 Billion After Warning Trump's Tariffs Pose ‘Existential Threat'
Skechers agreed to be acquired by the private equity firm 3G Capital in a deal valued at $9.4 billion, the companies announced Monday, amid tumult in the industry—Skechers signed a letter last week by Nike and Adidas, among others, warning President Donald Trump his tariffs posed an “existential threat” to the U.S. footwear industry.
forbes.com
- 2 weeks ago
Skechers agrees to be acquired by 3G Capital for $9B
Skechers USA (NYSE:SKX)' shares jumped 25% at the opening bell Monday, following news that the company is being acquired by investment firm 3G Capital for $9 billion. The acquisition offer of $63 per share represents a 30% premium over Skechers' recent stock price.
proactiveinvestors.com
- 2 weeks ago
8. Profile
Summary
Skechers U.S.A., Inc. SKX
COUNTRY
US
INDUSTRY
Apparel - Footwear & Accessories
MARKET CAP
$ 9.25 B
Dividend Yield
0.00%
Description
Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women worldwide. The company operates through three segments: Domestic Wholesale, International Wholesale, and Direct-to-Consumer. It offers casual, casual athletic, sport athletic, trail, sandals, boots, and retro fashion footwear for men and women under the Skechers USA, Skechers Sport, Skechers Active, Modern Comfort, Skechers Street, Mark Nason, and BOBS brands; sneakers, casuals, boots, and sandals for boys and girls under the Skechers Mega-Craft, S-Lights, SKECH-AIR, Foamies, Twinkle Toes, Z-Strap, Skechers Stretch Fit, and Skechers Street brands; and technical footwear under the Skechers GOrun, Skechers GOwalk, Skechers GOtrain, Skechers GOtrail, and Skechers GO Golf brands. The company also provides men's and women's slip-resistant and safety-toe casuals, boots, hikers, and athletic shoes; and lifestyle apparel for men, women, and kids. As of December 31, 2021, it operated 4,306 company and third party owned Skechers stores. The company sells its products through department and specialty stores, athletic and independent retailers, boutiques, and online retailers; and through its e-commerce sites, concept stores, and factory and warehouse outlet stores. It also licenses its Skechers brand. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California.
Contact
228 Manhattan Beach Boulevard, Manhattan Beach, CA, 90266
https://www.skechers.com
IPO
Date
June 9, 1999
Employees
10100
Officers
Mr. Pete Calichman
Senior Vice President of Domestic Sales
Mr. David Weinberg
Executive Vice President, Chief Operating Officer & Director
Jason D'Eath
Manager of Cybersecurity Engineering
Mr. Robert Y. Greenberg
Co-Founder, Chairman of the Board & Chief Executive Officer
Mr. Michael Greenberg
Co-Founder, President & Director
Eunice Han
Senior Manager Investor Relations
Mr. Mark Nason
Executive Vice President of Product Development
Mr. Philip G. Paccione
Executive Vice President of Business Affairs, General Counsel & Corporate Secretary
Mr. John M. Vandemore
Chief Financial Officer