SKECHERS USA INC-CL A (SKX) Stock News
NYSE:SKX - New York Stock Exchange, Inc. - US8305661055 - Common Stock - Currency: USD
SKX Latest News, Press Relases and Analysis
Broadcom, Arista Networks initiated: Wall Street's top analyst calls
Broadcom, Arista Networks initiated: Wall Street's top analyst calls
Walmart's Warning; Money Tips for 2025 Grads
Even the biggest retailer in the world is planning to pass along tariff-fueled cost increases to customers.
Trump Media says investors will fund a company 'bitcoin reserve' through share purchases
President Donald Trump's media company said Tuesday that institutional investors will buy $2.5 billion in the company's stock with the proceeds going to build up a bitcoin reserve. About 50 institutional investors will put up $1.5 billion in the private placement for common shares in the company and another $1 billion for convertible senior notes, according to Trump Media and Technology Group, the operator of Truth Social and other companies. Trump Media said it intends to use the proceeds for the creation of a “bitcoin treasury.”
Metals billionaire Potanin acquires minority stake in 'Russia's Google'
Sanctioned Russian billionaire Vladimir Potanin has acquired a 9.95% stake in internet giant Yandex, often dubbed "Russia's Google", through companies he owns, according to statements published on Tuesday from companies involved. A consortium of Russian investors bought Yandex's Russian business from its Dutch parent in July 2024 for around $5.4 billion in cash and shares, ending foreign ownership of the internet company. Yandex said on Tuesday that the expiration of a lock-up period meant investors in the consortium could now own stakes in Yandex directly, but that no shareholders would gain a controlling interest.
Company News for May 6, 2025
Companies in The News Are: NFLX, BRK.B, SKX, BP
Tencent Music to become second-largest shareholder in K-pop agency SM Entertainment
SEOUL (Reuters) -China's Tencent Music is expected to become the second-largest shareholder of major K-pop agency SM Entertainment, according to a South Korean filing on Tuesday. South Korea's Hybe said in a regulatory filing that it plans to sell its 2.2 million shares in SM Entertainment to Tencent Music Entertainment for 243 billion won ($177 million) on May 30. The 9.7% stake would make Tencent Music the second-largest shareholder in SM Entertainment, after the 42% controlling stake held by Kakao Corp and affiliate Kakao Entertainment, according to an SM filing.
Analysis-Retailers pummeled by Trump's trade war entertain more 'take-private' offers
Boards and the owners of retailers whose shares have been pummeled by U.S. President Donald Trump's trade war are increasingly warming to offers to sell – and to escape the market chaos that has caused company valuations to seesaw in recent months. Following sneaker-maker Skechers' take-private deal earlier this month, dealmakers expect other retailers to clinch their own agreements to go private in the near-term, especially if Trump does not soon settle on a more stable trade policy, according to interviews with 10 investment bankers and M&A lawyers. Retailers in particular have been hard-hit by Trump's rapidly shifting tariff announcements, and are frustrated with an inability to provide earnings guidance.
Mentions: NVDA
The Zacks Analyst Blog Highlights Deckers Outdoor, Boot Barn, Adidas and Skechers U.S.A
Deckers Outdoor, Boot Barn, Adidas and Skechers U.S.A are part of the Zacks top Analyst Blog.
Buy, Hold or Sell Deckers Stock? Key Tips Ahead of Q4 Earnings
Can Deckers' brand power and DTC strength outweigh margin pressures, or will headwinds stall its momentum? Find out before Q4 earnings drop.
Skechers Shareholders Unhappy with Merger Should Contact Shareholder Rights Firm Regarding Potential Legal Claims
/PRNewswire/ -- Julie & Holleman LLP, a top-tier shareholder rights firm, is investigating the acquisition of Skechers U.S.A., Inc. (NYSE: SKX) by global...
Dick's Sporting Goods takes on major risk with $2.4 billion bet on Foot Locker
Foot Locker has been struggling with flagging sales for years prior to the acquisition.
GoPro's Q1 Loss Narrower Than Expected, Revenues Down, Stock Slips
GPRO's Q1 loss is narrower than expectations, though revenues decline year over year due to lower accessory sales and higher price promotions.
Why Skechers (SKX) International Revenue Trends Deserve Your Attention
Evaluate Skechers' (SKX) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
Skechers Set To Go Private Amidst Tariff Drama, Hopes New Partnership Will 'Enable The Company's Long-Term Growth'
Skechers will be acquired by 3G Capital, it announced Monday The investment firm purchased the footwear giant for $9.5 billion in a deal that will take it private The acquisition comes at a time when tariffs have companies in the footwear industry nervous about the future Skechers (NYSE:SKX) announced Monday that it will be acquired by global investment firm 3G Capita for $9.5 billionl. The third-largest shoe company in the world, Skechers was founded in 1992 by father-son duo Robert and Michael
Why Alarm.com Holdings Stock Was a Winner Today
The company took the wraps off its first-quarter results. Revenue and profitability both rose; they also topped analyst estimates. Alarm.com Holdings (NASDAQ: ALRM), a company specializing technology-fueled security products and services, unveiled its first-quarter financial results Friday morning, and investors found them the opposite of alarming.
Breaking Down 3G’s $9B Deal to Buy Skechers
In this episode of “From the Newsroom,” Footwear News senior editor Stephen Garner drills down on the big “family business” that’s now going private.
Mentions: KHC
Skechers Named Official Footwear Partner of Bay to Breakers Powered by Windsurf 2025
/PRNewswire/ -- Step by step, a new partnership is lacing up to energize San Francisco's most legendary race: Bay to Breakers Powered by Windsurf is proud to...
Why AMD Stock Skyrocketed Wednesday Morning Before Losing Ground
The semiconductor specialist initially rallied on robust results, but some on Wall Street think the future looks cloudy.
Skechers AERO Series Opens New Chapter of Technical Running Innovation
DoorDash, eToro fuel hopes for a dealmaking thaw in May
Several announcements this week from firms such as eToro and DoorDash buoyed hopes that IPO and M&A dealmaking could be thawing in May after a wrenching month of uncertainty in April.
Big Four firm PwC is cutting 1,500 jobs because not enough staff are leaving by choice
PwC is laying off 2% of its US workforce, the company confirmed to Business Insider on Tuesday. Cuts largely affect PwC's audit and tax lines.
Deckers Stock Looks Overvalued at 18.15X: Time to Consider Selling?
DECK faces margin pressures, inventory constraints and rising expenses, which are expected to negatively impact short-term growth and profitability.
Skechers to go private following $9.4B deal with 3G Capital
Private equity firm 3G Capital reached a deal to buy Skechers and take the footwear company private. The deal is set to close in the third quarter.
Grant Cardone Shares 8 Ways He Grew $3K to $2.2 Billion
Grant Cardone is an investor and author who popularized the "10X Rule" of financial freedom. Although he has a net worth of over $600 million today, he started from humble beginnings. Check Out:...
Yeti ‘mirrors the appeal’ that led 3G to acquire Skechers, says Jefferies
After Skechers (SKX) announced it has agreed to be acquired by 3G Capital for $63 per share in cash, representing a 30% premium to the stock’s 15-day volume-weighted average price, Jefferies said the firm believes Yeti (YETI) “mirrors the appeal that led 3G” to acquire the footwear maker, citing the companies’ innovation pipeline and global expansion, with Yeti further “standing out due to its strong cash flow” and “robust brand.” Jefferies has a Buy rating and $55 price target on Yeti shares. P
Shopify initiated, Comcast downgraded: Wall Street's top analyst calls
Shopify initiated, Comcast downgraded: Wall Street's top analyst calls
3G Capital agrees to acquire footwear brand Skechers
Post transaction, Skechers will transition to a privately held entity and will be delisted from the New York Stock Exchange.
Skechers Analysts See Easy Path To $9B Buyout From 3G Capital
Investment firm Stifel said the deal "represents a pathway to value realization for similarly tariff-impacted businesses with solid franchises and attractive valuation."
Stocks Fall After Historic Run as Trade Risks Loom: Markets Wrap
(Bloomberg) -- A historic stock-market run came to a halt as President Donald Trump’s latest tariff remarks provided little relief to investors bracing for the impacts of his trade war on the economy and corporate earnings.Most Read from BloombergThe Battle Over the Fate of Detroit’s Renaissance CenterNYC Real Estate Industry Asks Judge to Block New Broker Fee LawNJ Transit Strike Would Be ‘Disaster’ for Region, Sherrill SaysIceland Plans for a More Volcanic FutureVail to Borrow Muni Debt to Eas
Stock market today: Dow, S&P 500 snap historic run of gains as tariff risks return, Fed decision looms
Trump's latest tariff threat has reignited worries about a global trade war.
What Market Watchers Are Saying About Skechers’ Blockbuster $9B Deal — The Biggest Shoe Buyout In History
The company will remain at its Manhattan Beach, Calif. headquarters.