Skechers managed to achieve a double-digit growth in all of their reportable sections in the recent quarterly result. The company has witnessed a strong global demand for their Comfort Technology footwear. A positive sign which might help Skechers cope with the Omicron headwinds is that its direct-to-consumer business increased 44% in the last quarter, led by a 61% increase in the company's foreign business and a 35% increase in its domestic business. The D2C uptrend is a very positive sign as t ....
20 Jan 2022
Skechers USA Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 1/22
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Skechers USA Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 1/22
- Published:
20 Jan 2022 -
Author:
Ishan Majumdar -
Pages:
14
Skechers managed to achieve a double-digit growth in all of their reportable sections in the recent quarterly result. The company has witnessed a strong global demand for their Comfort Technology footwear. A positive sign which might help Skechers cope with the Omicron headwinds is that its direct-to-consumer business increased 44% in the last quarter, led by a 61% increase in the company's foreign business and a 35% increase in its domestic business. The D2C uptrend is a very positive sign as t ....