For Skechers Investors, All Eyes Are Overseas [The Motley Fool]
Under Armour, Inc. Class C (UA)
Last under armour, inc. class c earnings: 2/11 06:55 am
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Source: The Motley Fool
The shoe company may not be the sexiest name in fashion, but a focus on international sales is paying off handsomely. Nicholas Rossolillo ( nrossolillo ) Feb 14, 2018 at 6:51PM While the stock market whipsawed last week, shares of shoemaker Skechers ( NYSE:SKX ) held their ground. The company has been aggressively expanding outside the U.S. the last few years, helping it find new growth. The last quarter of 2017 saw that trend continue and improve, giving investors reason to feel confident even in light of recent market volatility. Data by YCharts Looking back on a successful 2017 Skechers' stock rallied in the past year as the company grew sales and profits by double digits. Growth accelerated in the final quarter of the year, with revenue and adjusted earnings increasing 27% and 425%, respectively. The adjustment accounts for a one-time
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