Bear of the Day: Skechers U.S.A., Inc. (SKX) – May 1, 2025
From Zacks Investment Research: 2025-05-01 05:04:00
Skechers (SKX) has dropped nearly 30% in 2025 due to a falling earnings outlook after pulling financial guidance for the year amid tariff issues. The company designs, develops, and markets lifestyle and performance footwear, experiencing growth in revenue and beating Q1 earnings estimates. However, analysts have lowered EPS estimates for 2025 and 2026, resulting in a Zacks Rank #5 (Strong Sell). Despite projected sales growth, uncertainties surrounding global trade policies make SKX stock a risky investment at this time.
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