4 Things Skechers Management Wants You to Know
Shoe company Skechers (NYSE: SKX) put up record revenue -- again -- in its most recent earnings report. There was a lot to like in this report as the company continues to execute well on all fronts. In the quarterly call with analysts, management was positive about the U.S. market, talked about good reasons why inventory grew, reiterated global growth aspirations, and explained why the backlog metric isn't as important as it once was. Let's take a look at some of what the executives had to say.
... it's absolutely in our plan that this channel [domestic wholesale] continues to grow. And the United States, in general, will grow. Maybe our retail will grow somewhat faster, maybe wholesale, but our wholesale channel will continue to grow into next year.
-- David Weinberg, chief financial officer
Skechers had a strong quarter all around in the U.S.
Source: Fool.com
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