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 & Retail Conference (Virtual) Transcript

Dec 01, 2021 / 01:45PM GMT

Release Date Price: $44.58 (-0.76%)

Transcript

Kimberly Conroy Greenberger;John M. Vandemore<

Morgan Stanley, Research Division - MD

I'm Kimberly Greenberger, and I'm the branded apparel and footwear and softlines analyst here at Morgan Stanley. We're very pleased to host at our conference Skechers today. Skechers is a nearly $8 billion market cap branded footwear company with over 4,000 stores worldwide across over 170 countries. Skechers product offering spans over 3,000 styles and 30-plus brands serving all genders, ages and categories. It ranks as the #1 brand for walk, work, casual and casual lifestyle shoes in the U.S. And Skechers generated over $5 billion in sales in 2019, nearly 50% of which were international and is on track to deliver $6 billion in sales here this year.

Today, we're joined by Skechers' CFO, John Vandemore. John joined the company in 2017 and direct Skechers' overall financial policies and functions. He has over 2 decades of business finance experience, including senior finance roles at Mattel, International Game Technology and The Walt Disney Company. John, thank you so much for joining us today.

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