Skechers USA Inc.
 (SKX)

- NYSE
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Last vote:
  • Jun. 25, 2015, 7:23 AM
    • Skechers (NYSE:SKX) is an attractive target for Nike (NYSE:NKE) or Adidas (OTCQX:ADDYY, OTCPK:ADDDF), according to the The Business of Fashion.
    • An acquisition would give either a company a stronger position in the growing fashionable walking shoe market.
    • Skechers trades at stretched-out valuation after doubling in share price this year.
    • SKX +101.9% YTD.
    | Jun. 25, 2015, 7:23 AM | 17 Comments
  • Jun. 13, 2011, 10:23 AM
    Usually it doesn't work this way: VF Corp. (VFC +10.8%) soars after its $2B deal for Timberland (TBL +42.9%). The M&A rule of thumb - the stock price of the buyer gets pounded over worries that the price paid is too high - has come undone lately because Wall Street is welcoming industry consolidation on hold since the crisis. Footwear peers: SHOO +1.9%, DECK +1.7%. SKX +0.6%.
    | Jun. 13, 2011, 10:23 AM
Company Description
Skechers USA Inc designs and markets Skechers-branded lifestyle footwear for men, women and children, and performance footwear for men and women under the Skechers GO brand name.