Shoe sellers Skechers (SKX -6.9%) and Steven Madden (SHOO -4.4%) trade weaker after Deckers...

|About: Skechers USA Inc. (SKX)|By:, SA News Editor

Shoe sellers Skechers (SKX -6.9%) and Steven Madden (SHOO -4.4%) trade weaker after Deckers Outdoor delivers a sales warning that resonates across the shoe sector. Could the selloff be a bit overdone with both companies showing Q3 revenue gains Y/Y and issuing relatively positive guidance for Q4 or did Deckers wear down the multiple the sector will trade at?