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Will Wall Street Ever Love Skechers?

TheMotleyFool

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Skechers (NYSE: SKX), the funky, value sporting wear and footwear company, has built itself up to challenge the leading competitors and is succeeding in those efforts. The company has consistently seen growth and keeps shattering its own sales records, bringing out new and varied products that win awards and are hugely popular.

However, despite the company's impressive record and expanding opportunities, as well as how much its stock returned in 2019, shares trade at only 14 times trailing earnings, as opposed to Nike's (NYSE: NKE) P/E of 33 and Under Armour's P/E of 72.

What's going on here?

Source Fool.com

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