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Skechers U S A, Inc. - SKX STOCK NEWS

Welcome to our dedicated news page for Skechers U S A (Ticker: SKX), a resource for investors and traders seeking the latest updates and insights on Skechers U S A.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Skechers U S A's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Skechers U S A's position in the market.

News
Skechers Announces First Quarter 2024 Financial Results and Record Sales of $2.25 Billion
Rhea-AI Summary
Skechers reported first quarter 2024 financial results with record sales of $2.25 billion, a 12.5% increase. Diluted earnings per share rose by 30.4% to $1.33. The company saw growth in both Wholesale and Direct-to-Consumer sales, with international sales representing 65% of total sales. Gross margin increased to 52.5%, and operating margin reached 13.3%. Skechers remains confident in its global growth opportunities.
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Albert Pujols Signs With Team Skechers
Rhea-AI Summary
Skechers signs former baseball star Albert Pujols as brand ambassador, featuring him in Spanish-language campaigns for Hands Free Slip-ins®.
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-4%
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Skechers to Report First Quarter 2024 Financial Results on Thursday, April 25th
Rhea-AI Summary
Skechers USA, Inc. (SKX) will release its first quarter 2024 financial results on April 25, 2024. The conference call will feature David Weinberg and John Vandemore reviewing the results.
Rhea-AI Impact
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End-of-Day
0.66%
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conferences earnings
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Skechers to Present at the UBS Global Consumer and Retail Conference on March 13th
Rhea-AI Summary
Skechers U.S.A., Inc. announces CFO's participation in UBS Global Consumer and Retail Conference, offering live and replayed audio on their website.
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End-of-Day
0.28%
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Skechers to Present at the Raymond James 45th Annual Institutional Investors Conference on March 4th
Rhea-AI Summary
Skechers U.S.A., Inc. announces CFO's participation in a fireside chat at the Raymond James Institutional Investors Conference. The chat will be available live and on replay on the company's website.
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0.5%
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Skechers Joins Forces With Global Art Phenom Vexx
Rhea-AI Summary
Skechers collaborates with artist Vexx for a new Visual Artist Series capsule, featuring his signature 'doodles' on footwear, apparel, and accessories. Vexx, a renowned artist with a massive online following, brings his vibrant designs to life in this curated collection. The limited-edition Skechers x Vexx line is now available in select stores and online, showcasing the artist's unique style and creativity.
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1.04%
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Skechers: On the Way to 10,000 Stores
Rhea-AI Summary
Skechers U.S.A., Inc. (NYSE:SKX) celebrates the opening of its 5,000th retail store in Bogotá, Colombia, solidifying its global presence in over 120 countries. The company plans to expand further, with 140-160 new stores expected this year. Skechers emphasizes comfort, style, and innovation in its products, catering to various consumer preferences.
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End-of-Day
1.17%
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Skechers Board of Directors Wins Victory in Shareholder Derivative Suit
Rhea-AI Summary
Skechers U.S.A., Inc. announced that the Delaware Chancery Court dismissed with prejudice the shareholder derivative lawsuit against all current and former members of the Skechers Board of Directors. President Michael Greenberg expressed satisfaction with the ruling, stating that they have always believed the lawsuit should not have been permitted to proceed.
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-1.18%
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Petco Love and BOBS® from Skechers® Announce Winners of Annual Petco Love Stories Campaign, Awarding $500,000 in Grants to Animal Welfare Organizations
Rhea-AI Summary
Petco Love and BOBS from Skechers celebrate 25 years of heartwarming pet adoption stories by awarding 25 grants totaling $500,000 to animal welfare organizations. The 2024 Love Stories campaign recognizes 25 deserving organizations with grants ranging from $10,000 to $100,000. The grand prize winner, Three Little Pitties, received a $100,000 grant, a pair of BOBS footwear, a Petco shopping spree, and a year's supply of Yummers Pet Supply Co. pet products. Petco Love President, Susanne Kogut, highlights the significant roles pets play in enriching the lives of their adopters, sharing inspiring stories like a senior widow who found renewed joy with her adopted cat and a dog who went from being the longest shelter resident to becoming a therapy dog in the court system.
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End-of-Day
-0.76%
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Mr. T Goes Hands-Free in Skechers Super Bowl Commercial
Rhea-AI Summary
Skechers returns for the 11th time with a Big Game commercial featuring Mr. T to emphasize the correct spelling of the brand's name. The commercial showcases the convenience of Skechers Hands Free Slip-ins technology while highlighting the iconic 't' in the brand's name. Skechers has a history of notable Big Game commercials, and this year's spot aims to address the common misspelling of the brand's name.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.98%
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Stock SKX logo
Skechers U S A, Inc.

NYSE:SKX

SKX Rankings

#793 Ranked by Market Cap
#597 Ranked by Stock Gains
N/A Ranked by Dividends

SKX Stock Data

8.77B
131.86M
0.85%
91.8%
1.63%
Footwear Merchant Wholesalers
Wholesale Trade
Link
US
Manhattan Beach

About SKX

a two-billion-dollar global leader in the high performance and lifestyle footwear industry, skechers usa, inc. designs, develops and markets more than 3,000 styles for men, women and children. skechers' success stems from its employees, high-quality, varied product offering, diversified domestic and international distribution channels, and targeted multi-channel marketing. the company offers two distinct footwear categories: a lifestyle division which includes skechers memory foam and the charity line bobs from skechers, and skechers performance which includes skechers gorun and skechers gowalk footwear. through licensing agreements, the company also offers branded apparel, bags, eyewear and more. celebrity product endorsees for skechers' collections include the world famous drummer ringo starr, multi-platinum recording artist demi lovato, model and actress kelly brook, tv personality brooke burke-charvet, legendary quarterbacks joe montana and joe namath, baseball stars pete rose