Skechers USA Inc (STU:SKAA)
€ 62.88 0.42 (0.67%) Market Cap: 9.53 Bil Enterprise Value: 10.12 Bil PE Ratio: 17.86 PB Ratio: 2.50 GF Score: 93/100
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Skechers USA Inc at Berenberg US CEO Conference (Virtual) Transcript

Nov 10, 2021 / 04:00PM GMT
Release Date Price: €41.25 (+1.70%)
Brian Christopher McNamara
Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst

Hello, everyone. Thank you for joining us at our U.S. CEO conference. I'm Brian McNamara, U.S. mid retail analyst here at Berenberg Capital Markets. We're delighted to host Skechers today. Skechers is a $7 billion market cap branded footwear company. With nearly 4,200 stores in more than 170 countries across the world with 3,000 styles, over 3,000 styles and 31 brands, serving all genders, ages and category Skechers ranks as the #1 branch for walk work, casual, and casual lifestyle shoes across the U.S.

The company is expected to surpass $6 billion in sales in 2021. Today, at our conference, we welcome Chief Financial Officer, John Vandemore, who joined the company in 2017. He's had over 2 decades of experience in corporate finance, serving most recently as EVP and division CFO of Mattel; as well as the CFO and Treasurer of IGT. Prior to that, he spent 12 years in operations at a major financial roles, the Walt Disney company, including 5 years as VP and CFO of Walt Disney Imagineering.

John,

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