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Skechers Skids 25% As Q2 Guidance Rattles Investors
Friday, April 20, 2018 - 9:36am | 402Shares of Skechers USA Inc (NYSE: SKX) were hovering around six-month lows after the open Friday after the footwear retailer reported first-quarter earnings after the close Thursday. Below-par second-quarter guidance spooked investors, with the company indicating a pushback in shipments to...
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7 Retailers With Inventories Growing Faster Than Sales
Thursday, November 12, 2015 - 4:45pm | 1614Excess merchandise is becoming a problem for many U.S. retailers; consumer spending appears to be weak heading into the holiday season. Despite the hype that surrounds Black Friday, some analysts are advising caution for investors betting that this year's Christmas Shopping extravaganza will propel...