Skechers U.S.A., Inc. logo SKX - Skechers U.S.A., Inc.

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| PRICE TARGET: $70.00 DETAILS
HIGH: $85.00
LOW: $40.00
MEDIAN: $72.00
CONSENSUS: $70.00
UPSIDE: 10.88%

About Skechers U.S.A., Inc. (https://www.skechers.com)

Skechers U.S.A., Inc., established in 1992 and based in Manhattan Beach, California, is a prominent global player in the footwear and apparel industry. The company is dedicated to the ideation, creation, promotion, and worldwide distribution of a vast array of footwear suitable for men, women, and children, in addition to specialized athletic shoes for adult markets. Its operations are segmented into three main divisions: U.S. Wholesale, International Wholesale, and a Direct-to-Consumer channel. Skechers offers an expansive collection of footwear, ranging from everyday casuals, casual athletics, and sports athletics to trail shoes, sandals, boots, and retro-inspired designs. These are sold under various adult labels, including Skechers USA, Skechers Sport, Skechers Active, Modern Comfort, Skechers Street, Mark Nason, and BOBS. For children, the company provides sneakers, casuals, boots, and sandals through brands such as Skechers Mega-Craft, S-Lights, SKECH-AIR, Foamies, Twinkle Toes, Z-Strap, Skechers Stretch Fit, and Skechers Street. Furthermore, Skechers manufactures high-performance athletic footwear within its Skechers GOrun, Skechers GOwalk, Skechers GOtrain, Skechers GOtrail, and Skechers GO Golf lines. Beyond its core footwear offerings, the company also supplies men's and women's slip-resistant and safety-toe casuals, boots, hikers, and athletic work shoes. Complementing its shoe range, Skechers designs and markets lifestyle apparel for men, women, and kids. As of December 31, 2021, Skechers boasted a significant global retail presence with 4,306 stores, comprising both company-owned and third-party operated locations. Its products are distributed through a diverse network that includes department stores, specialized retailers, athletic and independent shops, boutiques, and various online vendors. This network also encompasses its own e-commerce platforms, dedicated concept stores, and factory and warehouse outlets. The company further enhances its brand reach by engaging in licensing agreements for its Skechers trademark.

Key Executives

NAME TITLE DOB SALARY
Robert Y. Greenberg Co-Founder, Chairman of the Board & Chief Executive Officer 1940 $15,119,658 USD
Michael Greenberg Co-Founder, President & Director 1963 $10,274,653 USD
David Weinberg Executive Vice President, Chief Operating Officer & Director 1951 $7,652,256 USD
Mark Nason Executive Vice President of Product Development 1962 $4,192,835 USD
John Vandemore Chief Financial Officer 1974 $3,647,821 USD
Philip G. Paccione Executive Vice President of Business Affairs, General Counsel & Corporate Secretary 1962 $1,070,208 USD
Eunice Han Senior Manager Investor Relations
Jason D'Eath Manager of Cybersecurity Engineering
Pete Calichman Senior Vice President of Domestic Sales

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