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Skechers USA Inc Stock Research

SKX

47.58USD-0.26(-0.54%)Market Closed
Watchlist

Market Summary

USD47.58-0.26
Market Closed
-0.54%

SKX Alerts

  • 1 major insider sales recently.
  • Big jump in Earnings (Y/Y)

SKX Stock Price

SKX RSI Chart

SKX Valuation

Market Cap

7.4B

Price/Earnings (Trailing)

15.54

Price/Sales (Trailing)

0.95

EV/EBITDA

7.54

Price/Free Cashflow

23.34

SKX Price/Sales (Trailing)

SKX Profitability

EBT Margin

7.68%

Return on Equity

11.1%

Return on Assets

5.85%

Free Cashflow Yield

4.29%

SKX Fundamentals

SKX Revenue

Revenue (TTM)

7.8B

Revenue Y/Y

7.75%

Revenue Q/Q

0.53%

SKX Earnings

Earnings (TTM)

474.6M

Earnings Y/Y

68.97%

Earnings Q/Q

-4.79%

Price Action

52 Week Range

31.2856.53
(Low)(High)

Last 7 days

0.9%

Last 30 days

-7.4%

Last 90 days

-7.6%

Trailing 12 Months

31.1%

SKX Financial Health

Current Ratio

2.41

SKX Investor Care

Buy Backs (1Y)

0.62%

Diluted EPS (TTM)

3.03

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for SKX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-11
WEINBERG DAVID
gifted
-
-
-4,575
chief operating officer
2023-06-23
GREENBERG ROBERT
gifted
-
-
-12,933
chief executive officer
2023-06-01
BLAIR KATHERINE J.
acquired
-
-
3,500
-
2023-06-01
Erlich Morton D
acquired
-
-
3,500
-
2023-06-01
SISKIND RICHARD
acquired
-
-
3,500
-
2023-06-01
Garcia Zulema
acquired
-
-
3,500
-
2023-06-01
Macias Yolanda
acquired
-
-
3,500
-
2023-05-08
BLAIR KATHERINE J.
sold
-184,450
52.7
-3,500
-
2023-05-03
SISKIND RICHARD
sold
-1,073,500
53.6752
-20,000
-
2023-04-19
PACCIONE PHILLIP
acquired
-
-
20,000
general counsel & secretary

1–10 of 50

Which funds bought or sold SKX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-18
WASHINGTON CAPITAL MANAGEMENT, INC
sold off
-100
-332,640
-
-%
2023-09-12
Farther Finance Advisors, LLC
added
2.86
930
7,583
-%
2023-08-24
Alberta Investment Management Corp
sold off
-100
-2,979,500
-
-%
2023-08-23
WOLVERINE TRADING, LLC
added
108
556,101
999,101
-%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
added
33.04
511,628
1,590,330
0.01%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
10.57
225,000
1,225,000
0.01%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-2.12
678,890
8,701,640
0.01%
2023-08-21
OSAIC HOLDINGS, INC.
added
60.3
544,460
1,246,290
-%
2023-08-21
BOKF, NA
unchanged
-
1,414
14,482
-%
2023-08-17
Coppell Advisory Solutions LLC
new
-
398
398
-%

1–10 of 44

Latest Funds Activity

Are funds buying SKX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SKX
No. of Funds

Schedule 13G FIlings of Skechers USA

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 08, 2023
pzena investment management llc
4.6%
6,260,574
SC 13G/A
Feb 15, 2023
arrowmark colorado holdings llc
3.23%
4,332,217
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
9.26%
12,433,860
SC 13G/A
Feb 08, 2023
massachusetts financial services co /ma/
5.1%
6,789,736
SC 13G/A
Feb 03, 2023
blackrock inc.
8.6%
11,482,898
SC 13G/A
Jan 27, 2023
pzena investment management llc
5.6%
7,522,541
SC 13G
Nov 10, 2022
greenberg robert
11.8%
18,367,378
SC 13D/A
Feb 14, 2022
arrowmark colorado holdings llc
5.36%
7,235,205
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A

Recent SEC filings of Skechers USA

View All Filings
Date Filed Form Type Document
Sep 08, 2023
4/A
Insider Trading
Sep 08, 2023
4
Insider Trading
Aug 14, 2023
4
Insider Trading
Aug 04, 2023
10-Q
Quarterly Report
Jul 27, 2023
8-K
Current Report
Jun 20, 2023
S-8
Employee Benefits Plan
Jun 16, 2023
8-K
Current Report

Peers (Alternatives to Skechers USA)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
143.9B
51.2B
-8.57% -7.64%
28.38
2.81
9.65% -16.14%
47.7B
8.8B
1.81% 18.19%
47.31
5.39
25.17% -8.58%
13.7B
3.7B
-6.56% 55.43%
25.56
3.71
13.14% 19.36%
MID-CAP
7.6B
6.4B
0.02% 23.18%
14.27
1.18
1.84% -4.90%
7.4B
7.8B
-7.45% 31.11%
15.54
0.95
12.61% -33.82%
6.9B
11.4B
-12.23% -53.45%
59.33
0.61
-3.96% -88.37%
6.8B
6.7B
-11.24% -7.38%
7.29
1.02
-0.35% 9.31%
5.5B
3.9B
-10.34% 13.78%
8.16
1.41
36.99% 23.57%
2.4B
1.9B
-8.48% 8.20%
14.19
1.22
-12.06% -35.43%
SMALL-CAP
1.5B
1.5B
-3.40% 3.18%
9.37
0.99
21.55% -1.15%
1.2B
2.5B
0.12% -54.57%
-6.96
0.47
-2.15% -333.58%
198.7M
493.7M
-5.15% 98.77%
-10.79
0.4
-3.80% 28.63%
121.8M
496.7M
-16.32% -29.98%
13.39
0.25
-20.41% -55.49%
7.8M
41.4M
-4.30% -43.83%
-2.98
0.19
-4.71% -285.83%
3.3M
99.2M
-13.00% -89.51%
-0.11
0.03
28.88% 39.75%

Skechers USA News

InvestorsObserver
Skechers USA Inc (SKX) Stock: What Does the Chart Say Wednesday?.
InvestorsObserver,
12 hours ago
Investing.com UK
Marketscreener.com
InvestorPlace

Returns for SKX

Cumulative Returns on SKX

30.7%


10-Year Cumulative Returns

12.2%


7-Year Cumulative Returns

12.0%


5-Year Cumulative Returns

15.6%


3-Year Cumulative Returns

Risks for SKX

What is the probability of a big loss on SKX?

90.8%


Probability that Skechers USA stock will be more than 20% underwater in next one year

46.9%


Probability that Skechers USA stock will be more than 30% underwater in next one year.

25.8%


Probability that Skechers USA stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SKX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Skechers USA was unfortunately bought at previous high price.

Drawdowns

Financials for Skechers USA

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue1.9%7,7727,6277,4457,2216,9016,6956,3105,9805,7224,7904,5974,6034,6575,1865,2204,9704,7934,6694,6424,5324,450
Gross Profit4.4%3,8333,6703,5153,4143,3073,2633,1242,9652,8132,3282,1902,1792,2072,4482,4912,3692,2802,2312,2242,1622,118
Operating Expenses3.2%3,1753,0752,9692,8612,7372,6462,5262,4072,3122,0922,0722,0252,0012,0731,9951,8841,8171,7961,8061,7741,736
  S&GA Expenses3.4%6246045845655425165004924507413511,1151,1268083701,7991,7921,7921,806352352
EBITDA-100.0%-764695672689755724707667404314332372534635616590548537506498
EBITDA Margin-100.0%-0.10*0.09*0.09*0.10*0.11*0.12*0.12*0.12*0.08*0.07*0.07*0.08*0.10*0.12*0.12*0.12*0.12*0.12*0.11*0.11*
Interest Expenses7.1%21.0020.0019.0018.0016.0015.0015.0015.0017.0018.0016.0013.0011.008.007.007.006.006.006.006.006.00
Earnings Before Taxes14.6%671586522505528596570554513250155182230402516502481443432405400
EBT Margin-100.0%-0.08*0.07*0.07*0.08*0.09*0.09*0.09*0.09*0.05*0.03*0.04*0.05*0.08*0.10*0.10*0.10*0.09*0.09*0.09*0.09*
Net Income15.1%47541237370071776474239235414899.00105144287347334322292301187189
Net Income Margin-100.0%-0.05*0.05*0.10*0.10*0.11*0.12*0.07*0.06*0.03*0.02*0.02*0.03*0.06*0.07*0.07*0.07*0.06*0.06*0.04*0.04*
Free Cashflow-100.0%-267-120-421-277-223-97.5219516613322.00-14098.0082.00190285350355426266186
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets0.9%7,1087,0446,8936,6796,6776,5456,4915,9025,7655,9865,8125,7115,4085,3954,8934,5664,4214,1273,2283,0043,006
  Current Assets-1.1%3,6703,7103,6463,5823,5703,4263,3723,3033,2463,4653,3443,3863,1373,2302,8202,6272,4932,3822,4722,2812,362
    Cash Equivalents18.0%8977606165087525907969521,0911,2851,3711,2941,3521,159825824779687872803845
  Net PPE2.9%1,4171,3781,3451,2901,2261,1841,1291,0871,027993935870833788739703683606585565554
  Goodwill8.5%10193.0093.0093.0093.0093.0094.0093.0093.0093.0093.0093.0093.0093.0071.00------
Liabilities-2.7%2,9162,9983,0222,9302,9582,8792,9492,7702,7513,1543,0873,0702,9712,8072,3572,2252,0981,8921,039837892
  Current Liabilities-4.0%1,4771,5401,6131,5771,5281,4061,4461,3371,3381,2711,2131,2601,0771,0431,2381,107995819850665720
  Short Term Borrowings20.3%37.0031.0020.0031.00-50.001.000.001.001.003.0022.0014.0014.006.0016.0010.0015.007.0013.0011.00
    LT Debt, Current-24.0%76.0010010313773.0059.0077.0044.0043.0061.0052.0010769.0017.0066.0067.004.002.002.005.002.00
    LT Debt, Non Current2.8%23723021622625326526328326971867968468066949.0040.0010094.0088.0070.0070.00
Shareholder's Equity-5.1%3,8394,0463,5703,4593,7183,6663,5423,1323,0142,8322,7262,6412,4372,5882,5362,3412,3242,2362,1892,1672,113
  Retained Earnings4.5%3,5643,4113,2513,1753,0902,9992,8782,4752,3722,2352,1362,0832,0192,0872,0381,9781,8751,8001,6911,6441,553
  Additional Paid-In Capital-5.4%363384404387402415430410396377372360330313307293283292375410443
Shares Outstanding-0.1%155155-155156156-156156155-154154154-153153153-156157
Minority Interest6.2%352331302290302298283290281255244239212241221167191173154143142
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations8.3%659608238-83.9350.0091.00212528472453331134358355427505558502569397306
  Share Based Compensation3.4%58.0056.0060.0063.0067.0066.0060.0052.0067.0065.0065.0066.0047.0045.0041.0037.0034.0031.0030.0031.0031.00
Cashflow From Investing-40.9%-395-281-287-281-291-314-344-356-332-341-312-282-264-383-344-334-435-320-319-292-170
Cashflow From Financing21.0%-99.93-126-118-67.04-85.66-473-433-519-50510.00533643607520-131-178-217-200-119-96.13-41.38
  Buy Backs7.3%85.0079.0074.0074.0049.0025.00--------30.0072.0011211210077.0036.00

SKX Income Statement

2023-06-30
Condensed Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Sales$ 2,012,516$ 1,867,804$ 4,014,444$ 3,687,398
Cost of sales951,992970,2251,975,3411,965,656
Gross profit1,060,524897,5792,039,1031,721,742
Operating expenses    
Selling187,118166,609315,678274,818
General and administrative655,673576,8121,282,1151,116,862
Total operating expenses842,791743,4211,597,7931,391,680
Earnings from operations217,733154,158441,310330,062
Other income (expense)2,792(19,259)12,715(25,005)
Earnings before income taxes220,525134,899454,025305,057
Income tax expense38,94228,73982,15862,731
Net earnings181,583106,160371,867242,326
Less: Net earnings attributable to noncontrolling interests28,82415,75658,66530,699
Net earnings attributable to Skechers U.S.A., Inc.$ 152,759$ 90,404$ 313,202$ 211,627
Net earnings per share attributable to Skechers U.S.A., Inc.    
Basic$ 0.99$ 0.58$ 2.02$ 1.36
Diluted$ 0.98$ 0.58$ 2$ 1.35
Weighted-average shares used in calculating net earnings per share attributable to Skechers U.S.A., Inc.    
Basic154,970155,941155,055155,969
Diluted156,571156,748156,654157,074

SKX Balance Sheet

2023-06-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 896,514$ 615,733
Short-term investments80,648102,166
Trade accounts receivable, less allowances of $61,984 and $59,472940,201848,287
Other receivables69,30786,036
Inventory1,486,0121,818,016
Prepaid expenses and other197,007176,035
Total current assets ($1,061,021 and $1,014,962 related to VIEs)3,669,6893,646,273
Property, plant and equipment, net1,417,2251,345,370
Operating lease right-of-use assets1,230,6351,200,565
Deferred tax assets461,021454,190
Long-term investments96,59170,498
Goodwill101,48393,497
Other assets, net131,01383,094
Total non-current assets ($608,819 and $598,973 related to VIEs)3,437,9683,247,214
TOTAL ASSETS7,107,6576,893,487
Current liabilities  
Accounts payable802,234957,384
Accrued expenses300,071294,143
Operating lease liabilities261,954238,694
Current installments of long-term borrowings76,388103,184
Short-term borrowings36,65419,635
Total current liabilities ($538,025 and $568,158 related to VIEs)1,477,3011,613,040
Long-term operating lease liabilities1,069,3841,063,672
Long-term borrowings236,763216,488
Deferred tax liabilities20,2248,656
Other long-term liabilities112,523120,045
Total non-current liabilities ($310,148 and $293,726 related to VIEs)1,438,8941,408,861
Total liabilities2,916,1953,021,901
Commitments and contingencies (Note 10)00
Stockholders’ equity  
Preferred Stock, $0.001 par value; 10,000 shares authorized; none issued and outstanding00
Additional paid-in capital362,769403,799
Accumulated other comprehensive loss(87,707)(84,897)
Retained earnings3,564,1333,250,931
Skechers U.S.A., Inc. equity3,839,3493,569,988
Noncontrolling interests352,113301,598
Total stockholders' equity4,191,4623,871,586
TOTAL LIABILITIES AND EQUITY7,107,6576,893,487
Class A Common Stock [Member]  
Stockholders’ equity  
Common Stock134134
Class B Common Stock [Member]  
Stockholders’ equity  
Common Stock$ 20$ 21
Robert Greenberg
11700
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.