Skechers (SKX -7.9%) taking heat after Sterne Agee tagged shares with a Sell rating, warning of...

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

Skechers (SKX -7.9%) taking heat after Sterne Agee tagged shares with a Sell rating, warning of bulging inventories and collapsing margins as toning-shoe sales slow. "We see increasing headline risk, the likelihood of EPS evaporating, and no sign that inventory issues will be addressed with the appropriate vigor," firm says.