Skechers USA Inc (NYSE:SKX)

$ 67.61 -0.31 (-0.46%) Market Cap: 10.21 Bil Enterprise Value: 11.39 Bil PE Ratio: 16.65 PB Ratio: 2.34 GF Score: 92/100

Skechers USA Inc at Morgan Stanley Global Consumer Conference (Virtual) Transcript

Dec 02, 2020 / 08:00PM GMT

Release Date Price: $33.08 (-1.87%)

Transcript

Kimberly Conroy Greenberger

Morgan Stanley, Research Division - MD

Good afternoon. This is Kimberly Greenberger, and I'm the branded apparel and footwear and softlines retail analyst here at Morgan Stanley. We're very pleased to host Skechers today.

Skechers is a $5 billion market cap branded footwear company with over 3,500 stores worldwide across 170 countries. Skechers' product offering of 3,000-plus styles and 31 brands serving all genders, ages and categories ranks Skechers as the #1 brand for walk, work, casual and casual lifestyle shoes in the U.S. Skechers generated over $5 billion in sales in 2019, nearly 50% of which were international.

Today, we're joined by Skechers Chief Financial Officer, John Vandemore. John joined the company in 2017 and direct Skechers' overall financial policies. He's had over 2 decades of business finance experience, having served most recently as EVP and Division CFO of Mattel as well as the CFO and Treasurer of International Game Technology. Prior to that, he spent 12 years in operations and finance roles at The Walt Disney Company, including 5

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