AI Spotlight on SKX
Company 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.
Market Data
Last Price | 75.34 |
Change Percentage | -3.71% |
Open | 75.91 |
Previous Close | 78.24 |
Market Cap ( Millions) | 11374 |
Volume | 1607692 |
Year High | 78.85 |
Year Low | 55.67 |
M A 50 | 68.96 |
M A 200 | 66.66 |
Financial Ratios
FCF Yield | 3.51% |
Dividend Yield | 0.00% |
ROE | 14.98% |
Debt / Equity | 48.04% |
Net Debt / EBIDTA | 72.60% |
Price To Book | 2.62 |
Price Earnings Ratio | 18.23 |
Price To FCF | 28.52 |
Price To sales | 1.3 |
EV / EBITDA | 11.89 |
News
- Jan -30 - Skechers (SKX) Exceeds Market Returns: Some Facts to Consider
- Jan -27 - SKX or BIRK: Which Is the Better Value Stock Right Now?
- Jan -24 - Skechers U.S.A., Inc. (SKX) Is a Trending Stock: Facts to Know Before Betting on It
- Jan -22 - Skechers (SKX) Stock Slides as Market Rises: Facts to Know Before You Trade
- Jan -21 - World's First Skechers Performance Flagship Location Opens
- Jan -17 - Skechers: Still A Buy Based On Performance And Valuation
- Jan -16 - Skechers (SKX) Falls More Steeply Than Broader Market: What Investors Need to Know
- Jan -16 - Forget NIKE, Buy These 3 Athletic and Lifestyle Footwear Stocks
- Jan -14 - Skechers USA Remains A Solid Prospect For Growth And Value Investors Alike
- Jan -13 - SKX Trades Above 50 & 200-Day SMAs: Is Now the Right Time to Invest?
- Jan -10 - Skechers (SKX) Rises As Market Takes a Dip: Key Facts
- Jan -10 - SKX vs. BIRK: Which Stock Is the Better Value Option?
- Jan -08 - Skechers to Report Fourth Quarter and Full Year 2024 Financial Results on Thursday, February 6th
- Jan -06 - Skechers: Slight Shadows On Q4 Outlook
- Jan -03 - Zacks Industry Outlook Adidas, Skechers, Steven Madden, Carter's and Wolverine World Wide
- Jan -02 - Shoes & Retail Apparel Industry Reflects Momentum: 5 Stocks to Benefit
- Dec -26 - SKX Stock Trades 10% Below 52-Week High: Bullish Signal for Investors?
- Dec -25 - All You Need to Know About Skechers (SKX) Rating Upgrade to Buy
- Dec -25 - SKX or BIRK: Which Is the Better Value Stock Right Now?
- Dec -19 - New Skechers Concept Store Opens in Prague
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Wholesale
Expected Growth : 7.5 %
What the company do ?
Wholesale from Skechers U.S.A., Inc. refers to the bulk sale of Skechers footwear and apparel products to retailers, distributors, or other intermediaries for resale.
Why we expect these perspectives ?
Strong demand for comfort footwear, successful product launches, and increased distribution channels contributed to the 7.5% growth in wholesale from Skechers U.S.A., Inc. Additionally, effective marketing strategies, expansion into new markets, and a growing e-commerce platform also drove sales.
Segment nΒ°2 -> Direct-to-Consumer
Expected Growth : 8.5 %
What the company do ?
Direct-to-Consumer from Skechers U.S.A., Inc. refers to the company's sales strategy of selling its footwear and apparel directly to customers through its own retail stores, e-commerce platform, and mobile app.
Why we expect these perspectives ?
Skechers U.S.A., Inc.'s Direct-to-Consumer segment growth of 8.5% is driven by strong e-commerce sales, increased brand awareness, and effective marketing strategies. Additionally, the company's focus on digital transformation, omnichannel retailing, and strategic partnerships have contributed to this growth.
Skechers U.S.A., Inc. Products
Product Range | What is it ? |
---|---|
Skechers Memory Foam | Skechers Memory Foam shoes feature a unique foam that conforms to the shape of the foot, providing customized support and comfort. |
Skechers Relaxed Fit | Skechers Relaxed Fit shoes offer a roomier toe box and softer materials for a more comfortable fit. |
Skechers Arch Fit | Skechers Arch Fit shoes feature a contoured arch support and a comfortable, cushioned ride. |
Skechers GOwalk | Skechers GOwalk shoes are designed for walking, with a comfortable, breathable design and a soft, cushioned ride. |
Skechers Work | Skechers Work shoes are designed for occupational use, with slip-resistant outsoles and protective materials. |
Skechers Kids | Skechers Kids shoes are designed for children, with fun colors and styles, and comfortable, supportive designs. |
Skechers Performance | Skechers Performance shoes are designed for athletes and fitness enthusiasts, with advanced technology and high-performance materials. |
Skechers U.S.A., Inc.'s Porter Forces
Threat Of Substitutes
Skechers faces moderate threat from substitutes, as customers have alternative options for athletic and casual footwear from other brands.
Bargaining Power Of Customers
Skechers has a large customer base, and individual customers have limited bargaining power, reducing the threat of customer bargaining power.
Bargaining Power Of Suppliers
Skechers has a diversified supplier base, reducing dependence on individual suppliers, and thus minimizing the bargaining power of suppliers.
Threat Of New Entrants
The athletic and casual footwear market has high barriers to entry, including significant capital requirements and established brand recognition, making it difficult for new entrants to compete with Skechers.
Intensity Of Rivalry
The athletic and casual footwear market is highly competitive, with established brands like Nike, Adidas, and Vans, resulting in intense rivalry and competition for market share.
Capital Structure
Value | |
---|---|
Debt Weight | 17.87% |
Debt Cost | 3.95% |
Equity Weight | 82.13% |
Equity Cost | 10.40% |
WACC | 9.25% |
Leverage | 21.76% |
Skechers U.S.A., Inc. : Quality Control
Skechers U.S.A., Inc. passed 8 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
DDS | Dillard's, Inc. operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. Its stores offer merchandise, including fashion apparel for women, men, and children; and β¦ |
CROX | Crocs, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and distributes casual lifestyle footwear and accessories for men, women, and children. It offers various footwear products, including clogs, sandals, β¦ |
WEYS | Weyco Group, Inc. designs and distributes footwear for men, women, and children. It operates through two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced β¦ |
HRB | H&R Block, Inc., through its subsidiaries, provides assisted income tax return preparation and do-it-yourself (DIY) tax return preparation services and products to the general public primarily in the United States, β¦ |
SHOO | Steven Madden, Ltd. designs, sources, markets, and sells fashion-forward branded and private label footwear, accessories, and apparel for women, men, and children in the United States and internationally. Its Wholesale β¦ |