We came across a bearish thesis on Skechers U.S.A., Inc. (SKX) on wallstreetbets Subreddit Page by Traditional-Year3847. In this article, we will summarize the bears’ thesis on SKX. Skechers U.S.A., Inc. (SKX)'s share was trading at $50.49 as of April 24th. SKX’s trailing and forward P/E were 12.14 and 12.21 respectively according to Yahoo Finance.
[caption id="attachment_409391" align="aligncenter" width="750"]Skechers' Q1 2025 results underscore significant cracks in the company's business model, validating the bearish thesis centered...
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