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Is Skechers Getting Unfairly Punished Along With Other Sports Retailers?


Is Skechers Getting Unfairly Punished Along With Other Sports Retailers?

Shares of Skechers (NYSE: SKX) have been in decline since its last quarterly report, despite the company's reporting rising sales. The stock of sports apparel companies Nike (NYSE: NKE) and Under Armour (NYSE: UA) (NYSE: UAA) are also in decline, but that seems more directly related to the fact that their sales are hitting the brakes. Meanwhile, Skechers reported a 16.9% increase in net sales for the second quarter. It looks like Skechers is getting unfairly lumped in with its competition.

SKX Chart

SKX data by YCharts

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Source: Fool.com

Under Armour Inc. A Stock

€6.36
0.140%
The Under Armour Inc. A stock is trending slightly upwards today, with an increase of €0.009 (0.140%) compared to yesterday's price.
With 1 Sell predictions and 1 Buy predictions the community sentiment towards the Under Armour Inc. A stock is not clear.
With a target price of 8 € there is a positive potential of 25.79% for Under Armour Inc. A compared to the current price of 6.36 €.
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