Skechers (SKX)

[Coachshot99]

BOOM! Great news for shareholders. Record profits. And CEO says Q3 and Q4 should also perform at record pace. Nice hold through 2016 at minimum.

[roger wilco]

SKECHERS USA, Inc. to Report Second Quarter 2015 Financial Results on July 29

SKECHERS USA, Inc. (NYSE: SKX), a global leader in footwear, today announced that it will release its second quarter 2015 financial results after market close on Wednesday, July 29, 2015. A conference call will be held the same day at 1:30 p.m. PT / 4:30 p.m. ET. Participating on the call will be David Weinberg, Chief Operating Officer and Chief Financial Officer.

The call can be accessed on the Investor Relations section of the Company’s website at www.skx.com. For those unable to participate during the live broadcast, a replay will be available beginning July 29, 2015, at 7:30 p.m. ET, through August 12, 2015, at 11:59 p.m. ET. To access the replay, dial 877-870-5176 FREE (U.S.) or 858-384-5517 (International) and use passcode: 13612567.

About SKECHERS USA, Inc.

SKECHERS USA, Inc., based in Manhattan Beach, California, designs, develops and markets a diverse range of lifestyle footwear for men, women and children, as well as performance footwear for men and women. SKECHERS footwear is available in the United States and over 120 countries and territories worldwide via department and specialty stores, more than 1,050 SKECHERS retail stores, and the Company’s e-commerce website. The Company manages its international business through a network of global distributors, joint venture partners in Asia, and 12 wholly-owned subsidiaries in Brazil, Canada, Chile, Japan and throughout Europe. For more information, please visit skechers.com and follow us on Facebook (facebook.com/SKECHERS) and Twitter (twitter.com/SKECHERSUSA).

View source version on businesswire.com: http://www.businesswire.com/news/home/20150722006118/en/

[Fibanotch]

hat..

[Fibanotch]

whatta chart

[roger wilco]

$105 and looking good!

[cakesgood]

Will retest $100 support. I think it will fall through and we will see a minor downtrend. This bad boy has been running hot for some time, definitely needs to cool off for a bit

[chaostrader]

Target $105!

[chaostrader]

hell yeah!!!!

[PARADOX]

Looking overstretched here. Pullback coming next week imo

[stocktrademan]

$SKX recent news/filings

bullish

## source: finance.yahoo.com

Mon, 20 Apr 2015 17:34:00 GMT ~ Nowhere near recession, be selective: Pro


read full: http://finance.yahoo.com/video/nowhere-near-recession-selective-pro-173400284.html
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Mon, 20 Apr 2015 13:23:29 GMT ~ 5 Stocks to watch this week 4/20/15


read full: http://finance.yahoo.com/tumblr/blog-5-stocks-to-watch-this-week-4-20-15-132353979.html
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Mon, 20 Apr 2015 13:05:00 GMT ~ 5 Stocks Set to Soar on Bullish Earnings


read full: http://www.thestreet.com/story/13117925/1/5-stocks-set-to-soar-on-bullish-earnings.html?puc=yahoo&cm_ven=YAHOO
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Thu, 16 Apr 2015 13:00:00 GMT ~ Sugar Ray Leonard Enters the Ring for SKECHERS

[Business Wire] - SKECHERS USA, Inc. is staging the ultimate comeback: signing boxing great Sugar Ray Leonard for a knockout campaign in SKECHERS’ popular Relaxed Fit collection. The lege

read full: http://finance.yahoo.com/news/sugar-ray-leonard-enters-ring-130000843.html
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Wed, 15 Apr 2015 20:28:18 GMT ~ SKECHERS USA, Inc. to Report First Quarter 2015 Financial Results on Wednesday, April 22

[at noodls] - MANHATTAN BEACH, Calif.--(BUSINESS WIRE)--Apr. 15, 2015-- SKECHERS USA, Inc. (NYSE: SKX), a global leader in lifestyle and performance footwear, today announced that it will release its first quarter 2015 ...

read full: http://www.noodls.com/view/3C44CCC59314586CEC24D31E5E7D570006E8C06E
*********************************************************

$SKX charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$SKX company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/SKX/company-info
Ticker: $SKX
OTC Market Place: Not Available
CIK code: 0001065837
Company name: Skechers U.S.A. Inc.
Incorporated In: DE, USA

$SKX share structure

## source: otcmarkets.com

Market Value: $3,064,829,494 a/o Apr 20, 2015
Shares Outstanding: 41,551,376 a/o Feb 17, 2015
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.001

$SKX extra dd links

Company name: Skechers U.S.A. Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/SKX/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/SKX/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=SKX+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=SKX+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=SKX+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/SKX/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/SKX/news - http://finance.yahoo.com/q/h?s=SKX+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/SKX/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/SKX/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/SKX/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/SKX/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/SKX/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/SKX/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/SKX/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/SKX/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=SKX+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/SKX
DTCC (dtcc.com): http://search2.dtcc.com/?q=Skechers+U.S.A.+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Skechers+U.S.A.+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Skechers+U.S.A.+Inc.&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/SKX/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/SKX
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/SKX/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/SKX/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/SKX/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001065837&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/SKX/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/SKX/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/SKX/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/SKX/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=SKX&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=SKX
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/SKX/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=SKX+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=SKX+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=SKX
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=SKX
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=SKX+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/SKX/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=SKX+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/SKX.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=SKX
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/SKX/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/SKX/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/SKX/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/SKX/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/SKX
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/SKX
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/SKX:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=SKX
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=SKX



$SKX DD Notes ~ http://www.ddnotesmaker.com/SKX

[cakesgood]

If we test and can't break $74 we are looking at a triple top reversal and maybe in for a bearish secondary trend. If that is the case we may test support at $62 and fill the gap. No telling where this thing may go

[cakesgood]

Those $70s don't want to fall. Super over bought, looks like a healthy pullback is in order. Will probably fill the gap from $62 to $64, could even fall to the 50ma. If that happens I think we see an aggressive climb that blows the doors off the $70s and could test $75 to $80

[itai]

3 Reasons To Take A Look At Skechers

Skechers (NYSE:SKX), a footwear company for men, women and children, has been performing well lately, beating analyst expectations on revenue and earnings growth. But in a highly competitive industry, the company does not enjoy the status of a Nike (NYSE:NKE) or the ‘coolness factor’ of an Under Armour (NYSE:UA).

http://www.smarteranalyst.com/contributor/2014/12/08/3-reasons-to-take-a-look-at-skechers/

[Tutu]

Just made 9.2 million in one day on line

[stocktrademan]

$SKX DD Notes ~ http://www.ddnotesmaker.com/SKX


bullish
falling wedge scan
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:falling_wedge_reversal


$SKX recent news/filings

## source: finance.yahoo.com

Thu, 30 Oct 2014 17:17:32 GMT ~ NYSE stocks posting largest percentage decreases

[AP] - A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.: Tableau software Inc. fell 9.2 percent to $61.03. Intrexon Corp. fell 8.7 percent to $23.80. Arista Networks fell 8.7 ...

read full: http://sg.finance.yahoo.com/news/nyse-stocks-posting-largest-percentage-175507757--finance.html
*********************************************************

Thu, 30 Oct 2014 14:56:31 GMT ~ UPDATE: Morgan Stanley Initiates Coverage On Skechers


read full: http://finance.yahoo.com/news/morgan-stanley-initiates-coverage-skechers-145631977.html
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Wed, 29 Oct 2014 16:50:02 GMT ~ Iconix Beats on Q3 Earnings & Revenues; Raises EPS View


read full: http://finance.yahoo.com/news/iconix-beats-q3-earnings-revenues-165002901.html
*********************************************************

Wed, 29 Oct 2014 12:15:00 GMT ~ Skechers Performance Division Celebrates the New York Race with Limited-Edition Footwear, Apparel Collection and Marketing Campaign

[Business Wire] - Skechers Performance Division announces today the release of a New York inspired advertising campaign and product line to celebrate the upcoming marathon in New York City on November 2, 2014.

read full: http://finance.yahoo.com/news/skechers-performance-division-celebrates-york-121500810.html
*********************************************************

Tue, 28 Oct 2014 19:59:00 GMT ~ SKECHERS Pier to Pier Friendship Walk Breaks Donation Record with over $1.1 Million Raised

[Business Wire] - The SKECHERS Foundation today announced that the 2014 SKECHERS Pier to Pier Friendship Walk broke records and raised over $1.1 million for children with special needs and education.

read full: http://finance.yahoo.com/news/skechers-pier-pier-friendship-walk-195900174.html
*********************************************************


$SKX charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com


$SKX company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/SKX/company-info
Ticker: $SKX
OTC Market Place: Not Available
CIK code: 0001065837
Company name: Skechers U.S.A. Inc.
Incorporated In: DE, USA


$SKX share structure

## source: otcmarkets.com

Market Value: $2,242,130,497 a/o Oct 30, 2014
Shares Outstanding: 40,647,761 a/o Aug 01, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.001
$SKX extra dd links

Company name: Skechers U.S.A. Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/SKX/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/SKX/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=SKX+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=SKX+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=SKX+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/SKX/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/SKX/news - http://finance.yahoo.com/q/h?s=SKX+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/SKX/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/SKX/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/SKX/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/SKX/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/SKX/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/SKX/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/SKX/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/SKX/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=SKX+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/SKX
DTCC (dtcc.com): http://search2.dtcc.com/?q=Skechers+U.S.A.+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Skechers+U.S.A.+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Skechers+U.S.A.+Inc.&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/SKX/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/SKX
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/SKX/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/SKX/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/SKX/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001065837&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/SKX/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/SKX/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/SKX/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/SKX/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=SKX&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=SKX
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/SKX/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=SKX+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=SKX+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=SKX
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=SKX
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=SKX+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/SKX/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=SKX+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/SKX.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=SKX
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/SKX/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/SKX/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/SKX/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/SKX/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/SKX
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/SKX
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/SKX:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=SKX
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=SKX



$SKX DD Notes ~ http://www.ddnotesmaker.com/SKX

[Trueheart]

Out at $54.76.

Trueheart

[Trueheart]

Bought 200 shares at $52.76.

Looking for 10% ride.

Trueheart

[AUCat]

Looks like blackrock is acquiring 10.1% of the stock. :)

[onelove17]

Haha seriously .... Double up from now

[cakesgood]

Whoever made that 1.1 mil t-trade yesterday is kicking themselves right about now

[boo boo]

Nice breakout, straight to next resistance level. I just hate that!

[Penny Roger$]

~ Wednesday! $SKX ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $SKX ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=SKX&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=SKX&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=SKX
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=SKX#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=SKX+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=SKX
Finviz: http://finviz.com/quote.ashx?t=SKX
~ BusyStock: http://busystock.com/i.php?s=SKX&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=SKX >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[multimonitor]

Hey SKX fans,great day on wall street. Anyone heard of this? "NEW YORK, July 14, 2011 /PRNewswire via COMTEX/ -- Total Apparel Group, Inc. ("TAG") (OTC Pink: TLAG) today announced that its wholly owned subsidiary, Total Licensing, Inc. ("TLI"), has signed a five-year lease for new showroom space at 230 West 39th Street, located in the heart of Manhattan's Fashion District. The 1,850-square-foot space on the 6th floor will serve as TLI's primary East Coast showroom for SKECHERS Time Instruments. "

[momentum74]

SKX 20.33 pe ratio vs s&p 500 link


http://moneycentral.msn.com/investor/invsub/results/compare.asp?Page=PriceRatios&Symbol=SKX

[momentum74]

SKECHERS, the Nation’s Number 2 Footwear Brand, Opens First Irish Retail Store
Date : 11/11/2010 @ 7:01AM
Source : Business Wire
Stock : SKECHERS USA, Inc. (SKX)
Quote : 21.08 0.06 (0.29%) @ 10:29AM


SKECHERS, the Nation’s Number 2 Footwear Brand, Opens First Irish Retail Store
Skechers Usa (NYSE:SKX)
Intraday Stock Chart
Today : Thursday 11 November 2010
SKECHERS USA, Inc. (NYSE:SKX), a global leader in the footwear industry and the Number 2 footwear brand in the United States*, today announced the opening of the first SKECHERS-branded retail store in Ireland.

The new Irish store, opened last month, comes as part of a worldwide retail licensing expansion for SKECHERS. A second Portugal SKECHERS store will open in December in Lisbon. Four new stores recently opened via partners in Canada (Brampton, Edmonton, and Winnipeg with Town Shoes, plus Montreal with Bo-Pied). An additional three stores with Canadian partners are planned for early 2011—bringing the total number of SKECHERS stores to more than 400 worldwide.

“Every SKECHERS retail store is a highly effective outlet for consumer interaction with our brand,” added Michael Greenberg, president of SKECHERS. “We’re excited to deliver the complete SKECHERS experience through our partnerships in Ireland, Canada and Portugal. This growth illustrates the strength of our brand and SKECHERS retail licensing opportunities around the globe.”

“Our partners understand where and how the SKECHERS consumer fits into their marketplaces, and Ireland is no exception,” began Marvin Bernstein, managing partner for SKECHERS, S.à.r.l., which is a wholly-owned international subsidiary of SKECHERS USA, Inc. “Licensing our retail model around the globe drives brand recognition and builds on the well-established wholesale business we currently enjoy in these markets.”

“SKECHERS is a perfect match for Ireland and we know men, women and kids will love experiencing this brand in a true destination shopping environment,” said Paul Gallagher, managing director of Shuz 4 U. “This is the first stage of plans to open multiple SKECHERS stores across Ireland over the next five years.”

SKECHERS is building on its strong wholesale presence in Ireland with its first retail store on Henry Street—the hippest, premiere shopping area in Dublin. Spanning over 200 trendy boutiques and restaurants including department stores like Debenhams, Henry Street is a prime destination for over 33 million visitors every year. The new store will operate under a retail licensing partnership with Irish retailer Shuz 4 U Ltd.

ABOUT SHUZ 4 U Ltd.

Managing director Paul Gallagher has worked with Ecco footwear and Pepe Jeans and launched his own brand, GASOLINE, in 1989. He was named runner up for Best Independent Young Fashion Retailer-UK/Ireland in 2005. Additionally, executive director Sunil Shah is CEO of Pepe Jeans Ireland and Country Manager for Tommy Hilfiger. Shah operates seven Pepe Jeans and 16 Tommy Hilfiger retail stores in Ireland.

ABOUT BO-PIED

Founded in 1979, Bo-Pied began with a store on the East Shore area of Montréal. From there, the company slowly expanded its doors count around Montreal under the Bo-Pied and Naturalizer banners to 10 by 2000. In 2002, Bo-Pied expanded with smaller shop-in-shop concept stores for malls under the Chaussures Tendances banner. Including new ventures with SKECHERS, the company will operate 20 total doors by spring 2011.

ABOUT TOWN SHOES

Over 50 years ago, on May 15 1952, Leonard Simpson opened the first Town Shoes store in Toronto, Ontario at Sunnybrook Plaza, Canada’s first shopping centre. Just over one year later, Town opened its second store in Lawrence Plaza, Toronto. Forty years later, that store was converted to a clearance outlet for Town Shoes and eventually became the first Shoe Company store. In 2005, Town Shoes began its national wide expansion plan, opening its first stores outside of Ontario. Town Shoes has over 40 stores and is now in British Columbia, Alberta, Manitoba, and Nova Scotia. During the last 15 years, The Shoe Company has grown from a local area group of 10 stores to a national chain of over 70 stores, stretching from St. John’s, Newfoundland to Victoria, British Columbia.

ABOUT SKECHERS USA, Inc.

SKECHERS USA, Inc., based in Manhattan Beach, California, designs, develops and markets a diverse range of footwear for men, women and children under the SKECHERS name, as well as under several uniquely branded names. SKECHERS footwear is available in the United States via department and specialty stores, Company-owned SKECHERS retail stores and its e-commerce website, as well as in over 100 countries and territories through the Company’s global network of distributors and subsidiaries in Canada, Brazil, Chile, and across Europe, as well as through joint ventures in Asia. For more information, please visit www.skechers.com.

*Sporting Goods Intelligence, June 21, 2010

This announcement may contain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or simply state future results, performance or achievements, and can be identified by the use of forward looking language such as "believe," "anticipate," "expect," "estimate," "intend," "plan," "project," "will be," "will continue," "will result," "could," "may," "might," or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include international, national and local general economic, political and market conditions including the global economic slowdown and the ongoing financial crisis and market instability; entry into the highly competitive performance footwear market; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers, decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in SKECHERS’ Form 10-K for the year ended December 31, 2009 and SKECHERS’ Form 10-Q for the quarter ended September 30, 2010. The risks included here are not exhaustive. SKECHERS, Shuz 4 U Ltd., Town Shoes and Bo-Pied operate in a very competitive and rapidly changing environment. New risks emerge from time to time and the companies cannot predict all such risk factors, nor can the companies assess the impact of all such risk factors on their respective businesses or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.

[momentum74]

Hedge Fund Finds Value in Skechers
By Andrew Bond | More Articles
November 10, 2010

SKX
SKECHERS USA INC

Watch SKX CAPS Rating 4/5 Stars . $21.02 $-0.14 (-0.66%)


More about SKX
Goody Two-Shoes, or a Bad Fit?


Investors did not take kindly to Skechers' (NYSE: SKX) most recent quarterly report. Even though it set a company record for sales in a quarter and its earnings increased by more than 48% over the prior year, the stock still plunged as the company's inventory levels grew substantially because of a number of canceled orders from customers. The company also missed estimates for even higher sales and earnings figures.

Investors were worried that the inventory buildup was related to a slow back-to-school season, which could indicate a coming decline in sales of the company's line of trendy toning shoes. Shareholders sold first and asked questions later, as the stock slid 18% on the day.

But while investors were busy selling, one hedge fund was finding value in the shares. An Oct. 28 filing with the SEC shows that Tiger Consumer Management, a hedge fund run by Patrick McCormack, had taken a 5.69% ownership stake in the company. That doesn't mean McCormack accumulated the entire position in one day. Institutional investors are required to report holdings to the SEC that exceed 5% ownership of a company, so recent activity put the fund's ownership over that threshold.

McCormack's fund had previously owned Skechers shares as of the first quarter of 2010. However, the fund sold its shares before the end of the second quarter, which means this recent purchase makes Skechers a new position in Tiger Consumer's portfolio.

What may have motivated Tiger Consumer to buy shares was Skechers' attractiveness as a value investment. Even with the stock up nearly 9% since the one-day drubbing, Skechers boasts an incredibly low ratio of enterprise value to EBITDA of just over 3. That compares to a figure closer to 10 for Deckers Outdoor (Nasdaq: DECK) and over 11 for Crocs (Nasdaq: CROX). It's hard to blame McCormack for jumping back on the Skechers bandwagon.

The lesson for investors is to look beyond the recent quarterly report and find value in strong companies. Shares of Skechers traded over $44 in June, declining more than 50% since. The inventory issues will have to be cleaned up, but sales remain extremely strong, and the company's brand is intact. While others were fleeing, value investors saw an opportunity to buy Skechers at tangible book value after the report, and jumped in.


http://www.fool.com/investing/general/2010/11/10/hedge-fund-finds-value-in-skechers.aspx

[nole92]

I had a good summer recovery after a terrible spring, but this one didn't help. Once Cramer is involved, run.

TA looking bullish for now....long way back, but fundamentals are strong. Way oversold IMO.

[momentum74]

Patrick McCormack's Tiger Consumer Starts Skechers Stake, Again
by: Market Folly November 08, 2010

Market Folly
View: Top Hedge Fund Portfolios
Submit
an article to
Patrick McCormack's hedge fund Tiger Consumer Management has just filed a 13G with the SEC regarding Skechers USA (SKX). Due to portfolio activity on October 28th, Tiger Consumer has revealed a 5.69% ownership stake with 2,060,317 shares. This is a brand new position for the hedge fund as they did not own shares as of their last SEC disclosure on June 30th. Other activity out of McCormack's fund includes an increase in their Medifast (MED) position a few months ago.

What's interesting about McCormack's Skechers stake is that it's not the first time he's owned it. Tiger Consumer showed a position in SKX back in the first quarter of 2010. But then in the second quarter, disclosures revealed they had sold completely out of the position. But now in the fourth quarter, they own SKX again so we'll have to see how long they own it this time around.

Tiger Consumer is one of the many firms seeded by Tiger Management founder, Julian Robertson. And as its fund name implies, Tiger Consumer focuses primarily on the consumer sector.

Taken from Google Finance, Skechers "design and market Skechers-branded contemporary footwear for men, women and children under several lines. addition to Skechers-branded lines, the Company also offers several designer, fashion and street-focused footwear lines for men, women and children. These lines are branded and marketed separately from Skechers and appeal to specific audiences. Its brands are sold through department stores, specialty stores, athletic retailers, and boutiques as well as catalog and Internet retailers."


http://seekingalpha.com/article/235577-patrick-mccormack-s-tiger-consumer-starts-skechers-stake-again?source=yahoo

[momentum74]

SKX tiger management buying again 21.22

Tiger Consumer Management re-accumulates 5.7% Stake In Skechers USA $SKX - 13G. Latest quarter shows the firm sold out

— Streetinsider.com (@Street_Insider) November 8, 2010

Tiger Consumer Management re-accumulates 5.7% Stake In Skechers USA $SKX - 13G. Latest quarter shows the firm sold out
5 minutes ago via web
Reply Retweet .Street_Insider
Streetinsider.com

[momentum74]

SKX 20.76 http://xml.10kwizard.com/cgi/image?g=&quest=1&rid=23&ipage=7219489&doc=1

[momentum74]

SKX 20.41 there is a gap to fill to the upside at 23.40 . Looking for it to fill over time.

[momentum74]

Pasted.SKX 19.20 article Four Smacked-Down Stocks Likely to Rise Again:

http://www.bloomberg.com/news/2010-11-01/four-smacked-around-stocks-likely-to-rise-again-john-dorfman.html?cmpid=yhoo

John Dorfman
By John Dorfman - Oct 31, 2010 6:00 PM PT Bloomberg Opinion
Tweet (10)LinkedIn Share
Business ExchangeBuzz up!DiggPrint Email .
John Dorfman
Stocks that have been smacked around often make the best buys.

I regularly compile a casualty list of stocks that have been beaten up in the previous quarter, and that I think have excellent recovery potential. This fits with my favorite investment technique, which is to buy stocks of good companies on bad news that I believe is temporary.

The Standard & Poor’s 500 Index rose 11 percent in the third quarter. A quarterly decline of 10 percent was enough to relegate a stock to casualty status this time.

Among approximately 2,100 U.S. stocks with a market value of $500 million or more, 92 were down 10 percent or more in the third quarter. Most of them flunked my basic value criteria: a stock price 15 times earnings or less, and debt less than stockholders’ equity.

Among the 19 banged-up stocks that met my criteria, I recommend four.

Let’s start with Sanderson Farms Inc. The Laurel, Mississippi-based chicken producer was down 15 percent in the third quarter, and 18 percent since I recommended it Feb. 21.

Clearly, my recommendation was badly timed. A poor U.S. harvest contributed to a 53 percent increase in the spot price of No. 2 yellow corn in the past eight months. High prices for feed grains make the lives of chicken farmers harder.

Tough Times

Also, the economy hasn’t rebounded as strongly as I thought it would. My notion that people would buy more chicken proved premature. It’s still Hamburger Helper time.

I jokingly define the long term as that period of time over which I am proven right. In the case of Sanderson Farms, I think that day will still come. Over the next few years I believe corn prices will moderate, and some measure of prosperity will return to the U.S.

Today, Sanderson Farms shares sell for about $42, which works out to less than nine times earnings and 0.5 times revenue. Those valuations make me feel very comfortable.

The price ratios at Skechers USA Inc. are even better: six times earnings and 0.5 times revenue. A year ago I said it would be a “small mistake” to buy Skechers. Since then the stock has dropped about 12 percent while the S&P 500 has gained about 12 percent.

Following a 36 percent decline in the third quarter, I consider Skechers is a better buy than it was when I wrote about it earlier. Analysts expect earnings to climb to about $2.90 a share this year compared with $1.16 in 2009. The Manhattan Beach, California, company had a hit with Shape-Ups, an athletic shoe that promised to help customers “get in shape without setting a foot in a gym.”

Sneaker Sales

Now the No. 2 U.S. sneaker maker behind Nike Inc., Skechers is opening more stores this year, bringing its total to about 300.

Amedisys Inc., the largest U.S. home-nursing provider, fell 46 percent in the third quarter. Propelling the drop were allegations that the Baton Rouge, Louisiana, company may have improperly billed Medicare.

The company is suffering through investigations by the Securities and Exchange Commission, the U.S. Justice Department and the Senate Finance Committee. I predict the controversy will end in a negotiated settlement. Amedisys will probably pay a fine, but not one that cripples the company.

Health care in the U.S. is too expensive. Amedisys and its competitors help to reduce the need for hospitalizations, thus saving the health-care system a lot of money. When it comes to cost containment, I see this company as part of the solution, not part of the problem.

Legal Trouble

Amedisys had a 21 percent return on equity last year and has reported profits in 11 consecutive years. In the past five years, its earnings per share rose at a 29 percent annual clip. Yet because of its legal woes, the stock now sells for less than six times earnings.

Beckman Coulter Inc., located in Brea, California, makes laboratory instruments and supplies. For the past five years, it has sold, on average, for 18 times earnings.

Today investors can buy it for 14 times earnings. The stock fell 19 percent in the third quarter, hit by a triple whammy. In June the company received a warning letter from the U.S. Food and Drug Administration concerning failure to pre-clear one of its medical-test products. In July it announced earnings that fell short of analysts’ expectations. And in September, Chief Executive Officer Scott Garrett resigned.

The circumstances surrounding Garrett’s departure were unclear. The company said that his leaving was “not related to one event or issue.” A search for a successor is underway.

A year from now, I suspect that all three of those adverse events will be forgotten.

Disclosure note: I own shares in Amedisys personally and for clients. I have no long or short positions in the other stocks discussed in today’s column.

(John Dorfman, chairman of Thunderstorm Capital in Boston, is a columnist for Bloomberg News. The opinions expressed are his own. His firm or clients may own or trade securities discussed in this column.)

To contact the writer of this column: John Dorfman at [e-mail].

To contact the editor responsible for this column: James Greiff at [e-mail]
.

[momentum74]

SKX 19.56 DD link
http://seekingalpha.com/instablog/729278-retailprodog/105507-bad-news-and-good-news?source=new_post

[momentum74]

CC call archived link. SKX 20.75 -14% in the AH on earnings. I listened to the CC call .Stock is trading near book value of 19 now as per the CEO. International growth is double digit.With a triple digit international back log as per the CC call. So hopefully it bounces into the holiday season.
http://biz.yahoo.com/cc/5/117785.html

[realfast95]

and on 10-25 it closes at 23.89

Setup to short squeeze with earnings this week.

[SimonL]

Chart 9/17

[momentum74]

SKX 23.40 compelling entry at these levels.Stern Agee on the Dj wires this morning.

[momentum74]

Wedbush .Bullish. SKX COVERAGE REITERATED: Skechers USA (SKX) reiterated by Wedbush. Reiterated rating Outperform. 09/10 08:37 AM

Get more news on:SYMBOLS: SKXNEWS TYPE:

[momentum74]

Pasted SKX 23.31 higher Stern Agee defending Sketchers.52.50 buy rating on the stock.

Sam Poser of Stern Agee & Leach, which makes a market in Skechers' stock, took a different view of the Shape-ups discounting in a phone interview with TheStreet, saying he thinks what the company is doing reflects a "well-planned" approach to managing the transition away from first-generation Shape-ups.
"There's so much new product coming," Poser said, citing the company's XF Accellerator and SR Trainer models. "They are doing what they have to do to work inventory down to the right amount."
Poser, who has a buy rating on Skechers with a price target of $52, also noted the hot summer may have played a part in a slowdown in unit volume, and says he doesn't view discounts of in the range of 12%-25% as significant for the first-generation product given where they are at in the cycle. He added that Shape-ups aren't for kids so they can't be expected to see a bump from back-to-school season.


http://www.thestreet.com/story/10856845/1/skechers-tumbles-on-downgrade.html
SKX 23.31 higher in the AH.Stern Agee defending 52.50 rating buy Pasted.
NEW YORK (TheStreet) -- Shares of Skechers U.S.A.(SKX) sank Thursday as Susquehanna Financial Group downgraded the stock to neutral from buy.
The firm cited concerns about sales slowdown and a recent boost in discounting of the company's popular Shape-ups toning sneaker product.
"Based on conversations with retailers and SportScan POS [point-of-sale] data, we have concerns over sluggish volume trends, and more recently the significant increase in Shape-ups discounting unfolding over Labor Day weekend," Susquehanna said in its research note.
The stock finished down 12.6% at $23.02. Volume of 9.4 million was more than four times the issue's trailing three-month daily average of 1.9 million. At current levels, the shares are down nearly 50% since hitting a 52-week high of $44.90 on June 21.
Susquehanna is still confident in its estimate for a profit of $1.15 a share in the company's current fiscal third quarter ending this month, but it believes the fourth quarter and beyond could be challenging.
"[W]e suspect there is some risk to 4Q and FY11 sales and earnings (we are meaningfully below consensus on both)," the firm said. "We feel that it will be difficult for Skechers to grow the category in the U.S. during 1H11 given recent volume trends, retailers need to discount product (pricing integrity) and [there are] difficult comparisons from March through May."
The current average estimate of analysts polled by Thomson Reuters is for earnings of $1.17 a share in the September quarter. For the fourth quarter of fiscal 2010 and the whole of fiscal 2011, Susquehanna is projecting earnings of 53 cents a share and $3.32 a share, respectively. The current prevailing estimates on Wall Street are for earnings of 68 cents a share in the December quarter, and $4.24 a share for fiscal 2011.
In its note, Susquehanna said it thinks a recent 20%-off sale on the Shape-ups that ended on August 4 may not have been as strong as initially expected, and expressed consternation about the company's decision to go to a minimum advertised pricing, or MAP, policy for toning/fitness products for its retail partners at the end of August, rather than sticking with a minimum allowed retail price, or MARP, policy.
"The MAP policy sets a minimum price to be used in all advertising for toning product," the firm said. "That said, retailers are allowed to sell the products at lower prices in-store."

Sam Poser of Stern Agee & Leach, which makes a market in Skechers' stock, took a different view of the Shape-ups discounting in a phone interview with TheStreet, saying he thinks what the company is doing reflects a "well-planned" approach to managing the transition away from first-generation Shape-ups.
"There's so much new product coming," Poser said, citing the company's XF Accellerator and SR Trainer models. "They are doing what they have to do to work inventory down to the right amount."
Poser, who has a buy rating on Skechers with a price target of $52, also noted the hot summer may have played a part in a slowdown in unit volume, and says he doesn't view discounts of in the range of 12%-25% as significant for the first-generation product given where they are at in the cycle. He added that Shape-ups aren't for kids so they can't be expected to see a bump from back-to-school season.
The weakness in Skechers' stock this summer has come despite the company beating the consensus analyst views in the first two quarters of fiscal 2009, most recently blowing past the estimate for the second quarter by almost 90%, reporting a profit of 82 cents vs. Wall Street's estimate of 44 cents.
More on SKX
Stocks Finish Higher on Positive DataFootwear Stocks Get TrampledCrocs Runs Ahead On Upbeat OutlookMarket Activity
Skechers USA Inc.| SKX DOWNCrocs Inc.| CROX DOWNBut the stock remains very sensitive to fashion trends, and as hot as its toning sneakers have been, investors are skittishness about any signs that demand for the product is flagging.
Shares of another footwear maker, Crocs Inc.(CROX) also saw heavy selling in Thursday's session with the stock closing down 16% at $11.63. Volume of 18.7 million was more than six times the typical churn. A spokesperson for Niwot, Colo.-based Crocs wasn't immediately available for comment on the drop.
Crocs' stock is up 140% so far in 2010. The company reported its second-quarter results on August 5, posting a better-than-expected profit of $32.3 million, or 37 cents a share, on revenue of $228 million. The performance bested Wall Street expectations for earnings of 22 cents a share on revenue of $220.5 million.
http://www.thestreet.com/story/10856845/1/skechers-tumbles-on-downgrade.html

--Written by Michael Baron in New York.

>To contact the writer of this article, click here: Michael Baron.
>To submit a news tip, send an email to: [e-mail]


Share This Post:

[momentum74]

SKX link top 10 G.A.R.P stock growth at reasonable price.Sabrient capital.
http://seekingalpha.com/instablog/2951-philstockworld/89112-sabrient-s-top-10-garp-stocks

Sabrient's Top 10 GARP Stocks
These are 10 top-ranked undervalued stocks that have the best GARP -- "growth at a reasonable price." Click on the ticker to get Sabrient's full report. (For a free trial to Sabrient's various offerings, click here. >)


Top 10 GARP Stocks
Symbol Rating Price on 08-20-10 Market Cap SABRIENT SCORES
Value Growth Momentum
AFSI STRONGBUY 13.53 Small-cap 96 86 80
AUO STRONGBUY 9.02 Large-cap 96 93 69
KLIC STRONGBUY 6.13 Small-cap 98 89 71
LEA STRONGBUY 77.76 Mid-cap 94 91 98
RGA STRONGBUY 45.75 Mid-cap 100 88 59
SKX STRONGBUY 28.32 Mid-cap 88 94 64
TER STRONGBUY 9.49 Mid-cap 84 88 78
TRW STRONGBUY 36.5 Mid-cap 68 82 100
VSH STRONGBUY 8.47 Mid-cap 87 81 80
WRLD STRONGBUY 38.76 Small-cap 84 90 85

Stocks: AFSI, AUO, KLIC, LEA, RGA, SKX, TER, TRW, VSH, WRLD

[momentum74]

SKX link smartmoney buying. http://seekingalpha.com/article/223222-20-most-undervalued-stocks-being-chased-by-the-smart-money

[momentum74]

23.20 Bullish SKX link
http://seekingalpha.com/symbol/skx?source=search_general&s=skx

CEO Bullish comments from last pr.

Robert Greenberg, SKECHERS chief executive officer, commented: "We reached a new revenue milestone with our first ever quarterly net sales of over $500 million and nearly $1 billion for the first six months of 2010. This growth is a significant achievement given that the U.S. retail market has only slightly improved from last year. The combination of our strong position and product momentum has resulted in continued penetration in the footwear market and increasing demand for our SKECHERS brand both in the United States and around the world. We remain dedicated to delivering innovative men’s, women’s and kids’ product and developing new marketing campaigns to support our efforts. We are looking forward to the back-to-school season, which we believe will be our strongest yet. The product success we achieved in the United States over the past six months is beginning to spread to markets around the world, and we believe our growth will accelerate in many of these countries. We continue to develop exciting new product and had a very positive reaction to our new lines with key accounts earlier this month, giving us a glimpse of what we expect will be a strong finish to the year. We are in a very strong position in the market with a buzz that is growing from consumers and the media. We believe that 2010 marks a new phase in SKECHERS' development, and that we will continue to strategically grow -- becoming one of the most sought after performance and lifestyle brands in the world."

"SKECHERS' top-line growth, significantly increased profitability and much improved margins are the result of our consistent efforts to deliver fresh, innovative product supported by relevant marketing around the world," Mr. Weinberg added. "Our product is in high demand, inventory is clean, and our balance sheet continues to strengthen. At quarter end, our cash position was over $273 million, even though we accelerated factory payments of $64 million and made a capital contribution of $30 million to our distribution center joint venture. We broke ground during the second quarter on this new, more efficient, 1.8 million-square-foot facility in Rancho Belago, California. With a triple digit increase in backlogs and double digit retail store comps, we believe our momentum will continue."

[momentum74]

SKX crashing on down grade in for a bounce.

[MWM]

I was one month early back in 2009, company looked so good then! I think it was at $8 when i bought some calls, of course it then went to $5...

Hindsight!

[Pro-Life]

History now shows how resilient SKX has been:

[nole92]

SKECHERS Announces Record Second Quarter Sales, Operating Income, Net Earnings and Earnings Per Share

* Net Sales of $504.9 Million
* Earnings from Operations of $58.8 Million
* Net Earnings of $40.2 Million
* Diluted Earnings Per Share of $0.82

http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20100728006714&newsLang=en

MANHATTAN BEACH, Calif.--(BUSINESS WIRE)--SKECHERS USA, Inc. (NYSE:SKX), a global leader in lifestyle footwear, today announced financial results for the second quarter ended June 30, 2010.

Second quarter 2010 net sales increased 68.9 percent to $504.9 million compared to $299.0 million in the second quarter of 2009. Earnings from operations for the second quarter of 2010 were $58.8 million compared to a loss from operations of $7.7 million in the second quarter of 2009. Net earnings for the second quarter of 2010 were $40.2 million versus a net loss of $5.9 million in the second quarter of 2009. Second quarter diluted earnings per share were $0.82 based on 49,130,000 weighted average common shares outstanding as compared to a net loss per diluted share of $0.13 based on 46,282,000 weighted average common shares outstanding.

"Our second quarter net sales of over $500 million are a first in our 18-year history. In addition, we achieved record second quarter operating income, net earnings and earnings per diluted share on the heels of a record first quarter," began David Weinberg, chief operating officer and chief financial officer. "The significant revenue growth is attributable to strong operational execution and product development and delivery across our domestic and international wholesale and retail channels, as well as via our e-commerce platform. We believe our momentum is being meaningfully supported and enhanced by our continued marketing efforts globally."

For the six months ended June 30, 2010, net sales were $997.6 million compared to net sales of $642.4 million in the first six months of 2009. Earnings from operations for the first six months were $139.8 million compared to a loss from operations of $1.6 million in the same period of 2009. Net earnings were $96.5 million, compared to net earnings of $2.3 million in the first six months of 2009. Net earnings per diluted share in the first six months of 2010 were $1.97 per share on 48,955,000 million diluted shares outstanding versus net earnings of $0.05 per share on 46,424,000 million diluted shares outstanding for the same period last year.

Gross profit for the second quarter of 2010 was $237.6 million or 47.1 percent of net sales compared to $122.6 million or 41.0 percent of net sales in the second quarter of last year. Gross profit for the first six months of 2010 was $475.1 million or 47.6 percent of net sales versus $248.0 million or 38.6 percent of net sales in the first six months of 2009.

Robert Greenberg, SKECHERS chief executive officer, commented: "We reached a new revenue milestone with our first ever quarterly net sales of over $500 million and nearly $1 billion for the first six months of 2010. This growth is a significant achievement given that the U.S. retail market has only slightly improved from last year. The combination of our strong position and product momentum has resulted in continued penetration in the footwear market and increasing demand for our SKECHERS brand both in the United States and around the world. We remain dedicated to delivering innovative men’s, women’s and kids’ product and developing new marketing campaigns to support our efforts. We are looking forward to the back-to-school season, which we believe will be our strongest yet. The product success we achieved in the United States over the past six months is beginning to spread to markets around the world, and we believe our growth will accelerate in many of these countries. We continue to develop exciting new product and had a very positive reaction to our new lines with key accounts earlier this month, giving us a glimpse of what we expect will be a strong finish to the year. We are in a very strong position in the market with a buzz that is growing from consumers and the media. We believe that 2010 marks a new phase in SKECHERS' development, and that we will continue to strategically grow -- becoming one of the most sought after performance and lifestyle brands in the world."

"SKECHERS' top-line growth, significantly increased profitability and much improved margins are the result of our consistent efforts to deliver fresh, innovative product supported by relevant marketing around the world," Mr. Weinberg added. "Our product is in high demand, inventory is clean, and our balance sheet continues to strengthen. At quarter end, our cash position was over $273 million, even though we accelerated factory payments of $64 million and made a capital contribution of $30 million to our distribution center joint venture. We broke ground during the second quarter on this new, more efficient, 1.8 million-square-foot facility in Rancho Belago, California. With a triple digit increase in backlogs and double digit retail store comps, we believe our momentum will continue."

[nole92]

Earlier article from Bill Wilton, On Monday June 14, 2010, 1:00 am EDT

SKECHERS USA, Inc. (NYSE: SKX - News) estimates continue to climb, leaving investors with an enticing 12.5 earnings multiple.

Company Description

SKECHERS makes and sells footwear through is own stores, in addition to department stores and its website.

Estimates Shaping-Up

By now you have probably seen ads, featuring the like of Joe Montana, for the Shape-Ups. SKECHERS says the shoe will tone your legs just by wearing them.

Given the bullish outlook on sales, analysts just can't seem to raise estimates high enough. Since Tracey Ryniec featured SKECHERS in April the full-year Zacks Consensus Estimates have continues to rise.

The average projection for 2010 is calling for earnings of $3.18 per share, up from $2.87. Next year's forecasts are calling for $3.51, up from $2.98.

If the company hits these targets annual growth rates will be 174% and 10%, respectively.

Great Valuations

Despite the strong growth, shares are trading at just 12.5 times forward estimates. Factor in the growth and you get a PEG ratio of just 0.7.

[nole92]

I love this one...buy what you buy.

Still lots of room for growth. Sketchers is expanding the Shape-Ups line which already accounts for more than 10% of sales.

[kittycattttt]

Lol,, thx

[MWM]

You do know my post was from 2009 lol! It was trading at $5 then...

But here is a chart for ya!