SKX RSI Chart
Last 7 days
2.2%
Last 30 days
21.5%
Last 90 days
15.5%
Trailing 12 Months
28.2%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 8.3B | 0 | 0 | 0 |
2023 | 7.6B | 7.8B | 7.9B | 8.0B |
2022 | 6.7B | 6.9B | 7.2B | 7.4B |
2021 | 4.8B | 5.7B | 6.0B | 6.3B |
2020 | 5.2B | 4.7B | 4.6B | 4.6B |
2019 | 4.7B | 4.8B | 5.0B | 5.2B |
2018 | 4.3B | 4.5B | 4.5B | 4.6B |
2017 | 3.7B | 3.8B | 4.0B | 4.2B |
2016 | 3.4B | 3.4B | 3.5B | 3.6B |
2015 | 2.6B | 2.8B | 3.0B | 3.1B |
2014 | 1.9B | 2.1B | 2.3B | 2.4B |
2013 | 1.7B | 1.7B | 1.8B | 1.8B |
2012 | 1.5B | 1.4B | 1.4B | 1.6B |
2011 | 2.0B | 1.9B | 1.8B | 1.6B |
2010 | 1.6B | 1.7B | 1.9B | 2.0B |
2009 | 0 | 0 | 0 | 1.4B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 15, 2024 | nason mark a | acquired | - | - | 15,000 | executive vice president |
Mar 15, 2024 | vandemore john m | acquired | - | - | 25,000 | chief financial officer |
Mar 15, 2024 | greenberg robert | acquired | - | - | 59,650 | chief executive officer |
Mar 15, 2024 | greenberg robert | sold | -1,854,020 | 61.11 | -30,339 | chief executive officer |
Mar 15, 2024 | weinberg david | acquired | - | - | 38,800 | chief operating officer |
Mar 15, 2024 | nason mark a | sold | -370,754 | 61.11 | -6,067 | executive vice president |
Mar 15, 2024 | vandemore john m | sold | -370,754 | 61.11 | -6,067 | chief financial officer |
Mar 15, 2024 | weinberg david | sold | -1,236,010 | 61.11 | -20,226 | chief operating officer |
Mar 15, 2024 | greenberg michael | acquired | - | - | 48,550 | president |
Mar 15, 2024 | greenberg michael | sold | -1,544,980 | 61.11 | -25,282 | president |
Which funds bought or sold SKX recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 10, 2024 | CREDIT SUISSE AG/ | reduced | -56.4 | -12,213,000 | 9,155,430 | 0.01% |
May 10, 2024 | Y-Intercept (Hong Kong) Ltd | added | 160 | 678,681 | 1,114,690 | 0.08% |
May 10, 2024 | Covestor Ltd | added | 1.28 | -1,000 | 116,000 | 0.07% |
May 10, 2024 | ONTARIO TEACHERS PENSION PLAN BOARD | added | 77.5 | 1,367,110 | 3,203,900 | 0.03% |
May 10, 2024 | ACADIAN ASSET MANAGEMENT LLC | sold off | -100 | -1,265,000 | - | -% |
May 10, 2024 | Campbell & CO Investment Adviser LLC | reduced | -43.25 | -777,963 | 980,711 | 0.09% |
May 10, 2024 | MACKENZIE FINANCIAL CORP | reduced | -7.48 | -1,971,460 | 19,725,100 | 0.03% |
May 10, 2024 | DIMENSIONAL FUND ADVISORS LP | reduced | -15.43 | -22,804,900 | 112,144,000 | 0.03% |
May 10, 2024 | ING GROEP NV | new | - | 1,053,670 | 1,053,670 | 0.01% |
May 10, 2024 | INTECH INVESTMENT MANAGEMENT LLC | added | 111 | 378,215 | 728,504 | 0.01% |
Unveiling Skechers U.S.A. Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Skechers U.S.A. Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
NKE | 141.0B | 51.6B | 26.96 | 2.73 | ||||
DECK | 21.8B | 4.1B | 30.17 | 5.3 | ||||
MID-CAP | ||||||||
SKX | 10.4B | 8.3B | 17.62 | 1.26 | ||||
CROX | 8.7B | 4.0B | 10.91 | 2.16 | ||||
SHOO | 3.1B | 2.1B | 16.94 | 1.49 | ||||
SMALL-CAP | ||||||||
DBI | 578.0M | 3.1B | 19.89 | 0.19 | ||||
WEYS | 267.4M | 303.3M | 9.92 | 0.88 | ||||
RCKY | 262.4M | 464.3M | 19.62 | 0.57 | ||||
VRA | 231.5M | 470.8M | 29.54 | 0.49 | ||||
FORD | 5.2M | 30.7M | -1.57 | 0.17 |
Skechers U.S.A. Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 14.8% | 2,252 | 1,961 | 2,025 | 2,013 | 2,002 | 1,879 | 1,878 | 1,868 | 1,820 | 1,655 | 1,558 | 1,662 | 1,434 | 1,325 | 1,301 | 729 | 1,242 | 1,331 | 1,354 | 1,259 | 1,277 |
Gross Profit | 13.5% | 1,182 | 1,041 | 1,072 | 1,061 | 979 | 910 | 884 | 898 | 824 | 808 | 777 | 854 | 686 | 648 | 625 | 369 | 548 | 638 | 653 | 610 | 591 |
Operating Expenses | -3.1% | 883 | 911 | 859 | 843 | 755 | 823 | 754 | 743 | 648 | 715 | 631 | 652 | 528 | 596 | 536 | 432 | 508 | 548 | 512 | 505 | 430 |
S&GA Expenses | -14.4% | 157 | 183 | 178 | 187 | 129 | 158 | 151 | 167 | 108 | 139 | 128 | 141 | 91.00 | -271 | 86.00 | 432 | 508 | 89.00 | 98.00 | 114 | 70.00 |
EBITDA Margin | 3.8% | 0.13* | 0.13* | 0.12* | 0.11* | 0.10* | 0.09* | 0.09* | 0.10* | 0.11* | 0.11* | 0.12* | 0.12* | 0.08* | 0.07* | 0.07* | 0.08* | 0.10* | 0.12* | 0.12* | 0.12* | 0.12* |
Interest Expenses | -16.0% | 5.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 | 4.00 | 5.00 | 5.00 | 5.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 |
Income Taxes | 97.2% | 56.00 | 29.00 | 40.00 | 39.00 | 43.00 | 10.00 | 20.00 | 29.00 | 34.00 | -337 | 21.00 | 42.00 | 29.00 | -9.60 | 15.00 | -4.31 | 7.00 | 13.00 | 23.00 | 21.00 | 32.00 |
Earnings Before Taxes | 110.9% | 297 | 141 | 206 | 221 | 234 | 102 | 115 | 135 | 170 | 85.00 | 138 | 203 | 143 | 69.00 | 97.00 | -59.52 | 49.00 | 96.00 | 145 | 113 | 163 |
EBT Margin | 4.6% | 0.10* | 0.10* | 0.10* | 0.09* | 0.08* | 0.07* | 0.07* | 0.08* | 0.09* | 0.09* | 0.09* | 0.09* | 0.05* | 0.03* | 0.04* | 0.05* | 0.08* | 0.10* | 0.10* | 0.10* | 0.09* |
Net Income | 137.0% | 207 | 87.00 | 145 | 153 | 160 | 76.00 | 86.00 | 90.00 | 121 | 402 | 103 | 137 | 99.00 | 53.00 | 64.00 | -68.10 | 49.00 | 60.00 | 103 | 75.00 | 109 |
Net Income Margin | 5.2% | 0.07* | 0.07* | 0.07* | 0.06* | 0.05* | 0.05* | 0.10* | 0.10* | 0.11* | 0.12* | 0.07* | 0.06* | 0.03* | 0.02* | 0.02* | 0.03* | 0.06* | 0.07* | 0.07* | 0.07* | 0.06* |
Free Cashflow | -141.6% | -94.69 | 227 | 252 | 264 | 164 | 186 | -297 | 215 | -224 | -115 | -153 | 269 | -98.01 | 178 | -182 | 237 | -209 | 16.00 | 56.00 | 221 | -101 |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 0.3% | 7,567 | 7,547 | 7,239 | 7,108 | 7,044 | 6,893 | 6,679 | 6,677 | 6,545 | 6,491 | 5,902 | 5,765 | 5,986 | 5,812 | 5,711 | 5,408 | 5,395 | 4,893 | 4,566 | 4,421 | 4,127 |
Current Assets | -0.6% | 3,930 | 3,953 | 3,768 | 3,670 | 3,710 | 3,646 | 3,582 | 3,570 | 3,426 | 3,372 | 3,303 | 3,246 | 3,465 | 3,344 | 3,386 | 3,137 | 3,230 | 2,820 | 2,627 | 2,493 | 2,382 |
Cash Equivalents | -14.2% | 1,020 | 1,190 | 1,100 | 897 | 760 | 616 | 508 | 752 | 590 | 796 | 952 | 1,091 | 1,285 | 1,371 | 1,294 | 1,352 | 1,159 | 825 | 824 | 779 | 687 |
Net PPE | 0.8% | 1,519 | 1,507 | 1,466 | 1,417 | 1,378 | 1,345 | 1,290 | 1,226 | 1,184 | 1,129 | 1,087 | 1,027 | 993 | 935 | 870 | 833 | 788 | 739 | 703 | 683 | 606 |
Goodwill | 0.0% | 101 | 101 | 101 | 101 | 93.00 | 94.00 | 93.00 | 93.00 | 93.00 | 93.00 | 93.00 | 93.00 | 93.00 | 93.00 | 93.00 | 93.00 | 93.00 | 71.00 | - | - | - |
Liabilities | -4.2% | 3,014 | 3,147 | 2,935 | 2,916 | 2,998 | 3,022 | 2,930 | 2,958 | 2,879 | 2,949 | 2,770 | 2,751 | 3,154 | 3,087 | 3,070 | 2,971 | 2,807 | 2,357 | 2,225 | 2,098 | 1,892 |
Current Liabilities | -1.1% | 1,643 | 1,661 | 1,494 | 1,477 | 1,540 | 1,613 | 1,577 | 1,528 | 1,406 | 1,446 | 1,337 | 1,338 | 1,271 | 1,213 | 1,260 | 1,077 | 1,043 | 1,238 | 1,107 | 995 | 819 |
Short Term Borrowings | -100.0% | - | 12.00 | 35.00 | 37.00 | 30.00 | 20.00 | 31.00 | - | 50.00 | 1.00 | 0.00 | 1.00 | 1.00 | 3.00 | 22.00 | 14.00 | 14.00 | 6.00 | 16.00 | 10.00 | 15.00 |
Long Term Debt | -53.7% | 113 | 243 | 240 | 237 | 230 | 216 | 226 | 253 | 265 | 263 | 283 | 269 | 718 | 679 | 684 | 680 | 669 | 49.00 | 40.00 | 100 | 94.00 |
LT Debt, Current | 401.9% | 234 | 47.00 | 77.00 | 76.00 | 100 | 103 | 137 | 73.00 | 59.00 | 77.00 | 44.00 | 43.00 | 61.00 | 52.00 | 107 | 69.00 | 17.00 | 66.00 | 67.00 | 4.00 | 2.00 |
LT Debt, Non Current | -100.0% | - | 243 | 240 | 237 | 230 | 216 | 226 | 253 | 265 | 263 | 283 | 269 | 718 | 679 | 684 | 680 | 669 | 49.00 | 40.00 | 100 | 94.00 |
Shareholder's Equity | 13.3% | 4,554 | 4,019 | 3,952 | 4,191 | 4,046 | 3,570 | 3,749 | 3,718 | 3,666 | 3,542 | 3,132 | 3,014 | 2,832 | 2,726 | 2,641 | 2,437 | 2,588 | 2,536 | 2,341 | 2,324 | 2,236 |
Retained Earnings | 5.4% | 4,003 | 3,797 | 3,710 | 3,564 | 3,411 | 3,251 | 3,175 | 3,090 | 2,999 | 2,878 | 2,475 | 2,372 | 2,235 | 2,136 | 2,083 | 2,019 | 2,087 | 2,038 | 1,978 | 1,875 | 1,800 |
Additional Paid-In Capital | -22.7% | 229 | 296 | 340 | 363 | 384 | 404 | 387 | 402 | 415 | 430 | 410 | 396 | 377 | 372 | 360 | 330 | 313 | 307 | 293 | 283 | 292 |
Shares Outstanding | -1.0% | 153 | 155 | 155 | 155 | 155 | 156 | 156 | 156 | 156 | 156 | 156 | 156 | 155 | 154 | 154 | 154 | 154 | 153 | 153 | 153 | 153 |
Minority Interest | 7.1% | 408 | 381 | 352 | 352 | 331 | 302 | 290 | 302 | 298 | 283 | 290 | 281 | 255 | 244 | 239 | 212 | 241 | 221 | 167 | 191 | 173 |
Float | - | - | - | - | 7,300 | - | - | - | 4,900 | - | - | - | 6,900 | - | - | - | 4,300 | - | - | - | 4,200 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -112.0% | -37.61 | 312 | 343 | 340 | 235 | 281 | -197 | 289 | -134 | -41.09 | -63.92 | 331 | -13.77 | 274 | -119 | 311 | -134 | 77.00 | 105 | 308 | -63.50 |
Share Based Compensation | 14.9% | 21.00 | 18.00 | 18.00 | 18.00 | 14.00 | 16.00 | 10.00 | 16.00 | 18.00 | 19.00 | 15.00 | 15.00 | 12.00 | 10.00 | 30.00 | 13.00 | 12.00 | 11.00 | 11.00 | 11.00 | 9.00 |
Cashflow From Investing | 15.1% | -92.56 | -109 | -86.63 | -153 | -68.80 | -94.80 | -78.83 | -38.65 | -75.21 | -88.59 | -88.87 | -61.74 | -105 | -100 | -65.11 | -70.68 | -76.26 | -70.48 | -47.22 | -189 | -36.66 |
Cashflow From Financing | 62.5% | -43.47 | -116 | -55.37 | -49.90 | -13.35 | -69.44 | 33.00 | -76.41 | -4.97 | -18.42 | 14.00 | -464 | 35.00 | -104 | 28.00 | 51.00 | 558 | 6.00 | -7.60 | -36.37 | -93.59 |
Buy Backs | 0.0% | 60.00 | 60.00 | 40.00 | 30.00 | 30.00 | - | 25.00 | 24.00 | 25.00 | - | - | - | - | - | - | - | - | - | - | 15.00 | 15.00 |
Condensed Consolidated Statements of Earnings - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
Sales | $ 2,251,587 | $ 2,001,928 |
Cost of sales | 1,069,953 | 1,023,349 |
Gross profit | 1,181,634 | 978,579 |
Operating expenses | ||
Selling | 156,501 | 128,560 |
General and administrative | 726,335 | 626,442 |
Total operating expenses | 882,836 | 755,002 |
Earnings from operations | 298,798 | 223,577 |
Other (expense) income | (2,050) | 9,923 |
Earnings before income taxes | 296,748 | 233,500 |
Income tax expense | 56,370 | 43,216 |
Net earnings | 240,378 | 190,284 |
Less: Net earnings attributable to noncontrolling interests | 33,756 | 29,841 |
Net earnings attributable to Skechers U.S.A., Inc. | $ 206,622 | $ 160,443 |
Net earnings per share attributable to Skechers U.S.A., Inc. | ||
Basic | $ 1.35 | $ 1.03 |
Diluted | $ 1.33 | $ 1.02 |
Weighted-average shares used in calculating net earnings per share attributable to Skechers U.S.A., Inc. | ||
Basic | 152,918 | 155,140 |
Diluted | 155,119 | 156,755 |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 1,020,458 | $ 1,189,910 |
Short-term investments | 88,564 | 72,595 |
Trade accounts receivable, less allowances of $57,021 and $57,867 | 1,158,384 | 860,300 |
Other receivables | 76,632 | 82,253 |
Inventory | 1,360,630 | 1,525,409 |
Prepaid expenses and other | 225,726 | 222,137 |
Total current assets ($1,273,167 and $1,252,372 related to VIEs) | 3,930,394 | 3,952,604 |
Property, plant and equipment, net | 1,519,463 | 1,506,690 |
Operating lease right-of-use assets | 1,298,349 | 1,276,171 |
Deferred tax assets | 447,085 | 450,574 |
Long-term investments | 143,503 | 123,996 |
Goodwill | 101,230 | 101,230 |
Other assets, net | 127,416 | 136,086 |
Total non-current assets ($642,570 and $641,879 related to VIEs) | 3,637,046 | 3,594,747 |
TOTAL ASSETS | 7,567,440 | 7,547,351 |
Current liabilities | ||
Accounts payable | 828,824 | 1,008,001 |
Accrued expenses | 302,213 | 320,105 |
Operating lease liabilities | 277,733 | 274,296 |
Current installments of long-term borrowings | 233,756 | 46,571 |
Short-term borrowings | 0 | 11,894 |
Total current liabilities ($690,370 and $600,337 related to VIEs) | 1,642,526 | 1,660,867 |
Long-term operating lease liabilities | 1,122,157 | 1,108,110 |
Long-term borrowings | 112,536 | 242,944 |
Deferred tax liabilities | 12,167 | 12,594 |
Other long-term liabilities | 124,363 | 122,794 |
Total non-current liabilities ($201,013 and $329,219 related to VIEs) | 1,371,223 | 1,486,442 |
Total liabilities | 3,013,749 | 3,147,309 |
Commitments and contingencies (Note 10) | ||
Stockholders’ equity | ||
Preferred Stock, $0.001 par value; 10,000 shares authorized; none issued and outstanding | 0 | 0 |
Additional paid-in capital | 228,594 | 295,847 |
Accumulated other comprehensive loss | (86,020) | (73,388) |
Retained earnings | 4,003,352 | 3,796,730 |
Skechers U.S.A., Inc. equity | 4,146,078 | 4,019,342 |
Noncontrolling interests | 407,613 | 380,700 |
Total stockholders' equity | 4,553,691 | 4,400,042 |
TOTAL LIABILITIES AND EQUITY | 7,567,440 | 7,547,351 |
Class A Common Stock [Member] | ||
Stockholders’ equity | ||
Common Stock | 132 | 133 |
Class B Common Stock [Member] | ||
Stockholders’ equity | ||
Common Stock | $ 20 | $ 20 |