Our Skechers U.S.A., Inc. (SKX) ESG Review
Symbol | SKX |
Price | $67.94 |
52 Week High 📈 | $75.09 |
52 Week Low 📉 | $45.58 |
Earnings Per Share 💵 | 3.73 |
Dividend Yield 🔁 |
Our Take
Skechers U.S.A., Inc. is a stable company with a strong market position and competitive advantage in the footwear industry. The company’s financial health is solid, with consistent revenue growth and profitability. Skechers has a diverse product portfolio and a strong brand image, which has helped it to maintain its market position and attract customers across the globe. The company has also been investing in research and development to innovate new products and technologies, which could lead to potential growth opportunities in the future. Overall, Skechers U.S.A., Inc. appears to be a sustainable and promising investment option for those looking to invest in the footwear industry.
Strong earnings growth year-over-year
Commitment to sustainable practices and partnerships
Diverse product portfolio with global reach
Highly competitive footwear market
Limited dividend payouts to investors
Business Model
Skechers U.S.A., Inc., often simply known as Skechers, has carved out a reputable space in the footwear and lifestyle brand arena. Publicly traded under the symbol SKX on the NYSE, it stands out for its distinctive approach to blending comfort with style.
Central to Skechers’ strategy has been innovation, materialized through a wide array of products for men, women, and children. Not just footwear—Skechers has expanded its reach into apparel, tapping into the casual and athletic segments.
Retailers play an integral role in Skechers’ distribution. The brand has a robust presence across various channels including department stores, family shoe stores, specialty running, and sporting goods retailers. The company’s omnichannel approach further encompasses a direct-to-consumer component, engaging customers through both brick-and-mortar stores and e-commerce platforms.
At the helm of this multifaceted brand are Robert Greenberg and Michael Greenberg, whose leadership has been pivotal in steering the company’s sizable footprint worldwide. Here’s a glance at Skechers’ multi-tiered distribution strategy:
- Wholesale Distribution: Partnering with key retailers.
- Direct-to-Consumer: Propelling growth through own retail stores & online sales.
- Global Reach: Expansion into international markets, leveraging local and global trends.
Skechers doesn’t just stick to one formula; it adapts and thrives on the dynamic retail landscape, showcasing the balance between traditional and innovative retail.
The company’s proven track record hinges on understanding consumer desires, yet they never rest on their laurels—instead, they keep their eyes peeled for the next big thing. This unique blend of tried-and-tested business savvy and a keen sense for evolving market trends is what cements Skechers as a formidable player in a competitive industry.
Sustainable Investing Perspective
Skechers U.S.A., Inc., traded as SKX on the NYSE, has recently illustrated a growing commitment to sustainable investing principles. With a partnership forged with The Nature Conservancy, Skechers steps into the realm of environmental stewardship—a move financially savvy investors see as a boost to the company’s reputation and a potentially smart play for long-term value addition to their investment portfolios.
Key Points:
- Partnership Impact: A minimum of $800,000 is earmarked for The Nature Conservancy to bolster Skechers’s sustainable image.
- Earnings Growth: An impressive 147.8% year-over-year net income increase reflects efficient management and could bode well for investor interest in ESG principles.
The outlook on sustainable investing is shifting; investors are increasingly scanning the horizon for companies who aren’t just financially robust, but who also take seriously their impact on the world. They’re turning to businesses like Skechers that are not only growing their bottom line but also making sustainability a core part of their growth strategy. Skechers’s diversified portfolio is poised to tick the boxes for both financial performance and sustainable investment standards.
With eyes on digital transformation, the incorporation of environmentally-friendly practices is not just about reducing carbon footprints—it’s about future-proofing. Investors are carefully considering how a company’s sustainable practices could affect its longevity and stock performance. For Skechers, their transparent commitment suggests a readiness for a future where the value of shares is tied not only to financial metrics but to ecological and social governance too.
Future Outlook
Investors have their eyes set on Skechers U.S.A., Inc. (NYSE: SKX) as it strides into the future. Post-announcing a staggering $8 billion in sales for 2023, the company appears to be on a firm footing. Skechers’ consistent performance positions it as a formidable contender in the footwear industry, sparking interest among those tracking trending stocks.
Key Metrics | Value |
---|---|
EPS | TBD |
Beta | TBD |
P/E Ratio | TBD |
Market Cap | TBD |
Earnings Date | TBD |
Financial metrics such as the P/E ratio and EPS will be instrumental in forecasting Skechers’ market potential. While these figures are closely guarded until the earnings date, market analysts speculate a positive trajectory given the company’s sales momentum.
The market cap, a barometer of Skechers’ total value, could react to these financial results. A point of interest for investors is the beta value—measuring volatility relative to the market. Skechers’ beta will give insight into its stock stability amid market fluctuations.
Skechers’ forward-looking statements hint at strategic plans to expand their global footprint and invest in innovative designs. With their pulse on customer preferences, they seem poised to leverage trends and steer their product line dynamically.
Revenue must not be sidestepped when discussing outlook. Skechers’ ability to turn a profit depends on sales, where future campaigns and market conditions will either bolster their growth or present challenges. With a healthy balance sheet and a clear strategy, the company could further cement its industry standing.
They say numbers speak volumes, and in Skechers’ case, the sales figures are singing. Investors keen on sustainable growth have good reason to keep SKX on their radar as the company laces up for the coming fiscal year.
Investor Resources
For investors keeping tabs on Skechers U.S.A., Inc. (NYSE: SKX), a plethora of resources is available to stay informed about the company’s financial health and stock performance. Notably, Skechers caters to a wide consumer base, including men, women, and children, by providing stylish and comfortable lifestyle footwear.
- NYSE Symbol: SKX
- Market Cap: Available on most financial platforms
- P/E Ratio: Reflects current trading multiples
- Beta: Indicates stock volatility relative to the market
- Dividend Information: Not typically a dividend stock; focus is on growth
Important Investor Tools:
Resource | Description |
---|---|
Earnings Reports | Quarterly updates on revenue, EPS, and other financials |
SEC Filings | Official company documents outlining financial health |
Press Releases | Regular updates on new product launches and company news |
Analyst Research | Diverse opinions and analysis from various financial experts |
Historical Data | Charts and historical quotes for performance tracking |
Real-Time Trade Prices | Details the latest ask, bid, and volume stats |
For those investor-driven on strategy and growth prospects, it’s worth noting the company’s focus on digital transformation and market data analysis, crucial in today’s luxury retail sector. Skechers isn’t just a shoe company; it’s a technology company tapping into cloud-based platforms to refine its growth strategy.
Investors should mark their calendars for earnings dates, typically followed by significant trading activity during pre-market or after-hours sessions. Access to real-time market data, institutional holdings, and insider activity further enhances the investment process.
Given its position in a competitive market—against players like Tapestry and Tractor Supply—understanding Skechers’ approach to the market, including their footwear, apparel offerings, and financial strategies, is critical for making informed decisions.
Remember, investing inherently includes risks, but staying informed with accurate, up-to-date information can help craft a sound investment strategy. Enthusiasts of Skechers’ brand can leverage these resources to analyze the company’s standing and potential foray into the markets.
Company | Skechers U.S.A., Inc. |
Exchange | NYSE |
Address | 228 Manhattan Beach Boulevard,, Manhattan Beach, USA |
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FAQ
How much is Skechers U.S.A., Inc. (SKX) stock?
The current stock price of Skechers U.S.A., Inc. (SKX) is $67.94.