Skechers USA is a footwear company that designs, develops, and markets a wide range of shoes for men, women, and children. Renowned for its innovative designs, the brand offers various lifestyle and athletic footwear options, catering to consumers seeking both comfort and style. In addition to footwear, Skechers also provides accessories and apparel, promoting a lifestyle brand that emphasizes health, fitness, and casual wear. With a global presence, the company operates retail stores, e-commerce platforms, and works with various distributors to reach customers worldwide. Read More
Investment firm Stifel said the deal "represents a pathway to value realization for similarly tariff-impacted businesses with solid franchises and attractive valuation."
BALA CYNWYD, Pa., May 05, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
Shares of footwear company Skechers (NYSE:SKX)
jumped 26.2% in the pre-market session after the company announced it has agreed to be acquired by 3G Capital. 3G Capital will pay $63 per share in cash for all outstanding shares of Skechers, representing a premium of 30% to Skechers' 15-day volume-weighted average stock price. This significant premium likely signals 3G Capital's confidence in Skechers' brand strength and potential and should offer some current shareholders an immediate and attractive return on their investment.
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Skechers U.S.A., Inc. (“Skechers” or “the Company”) (NYSE: SKX) for potential breaches of fiduciary duty on the part of its directors and management.
Skechers shareholders can elect to receive $63 per share in cash or $57 per share in cash and one unlisted, non-transferable equity unit (LLC unit) in a newly formed, privately held firm that will be the parent company of Skechers.
The Ademi Firm is investigating Skechers (NYSE: SKX) for possible breaches of fiduciary duty and other violations of law in its transaction with 3G Capital.
Skechers U.S.A. Inc. (NYSE: SKX) stock surged after announcing a $9.54 billion buyout by 3G Capital. Shareholders can receive $63 per share or opt for a mixed cash-equity deal. The company will go private in Q3 2025.
Skechers U.S.A., Inc. (“Skechers” or the “Company”) (NYSE: SKX), a Fortune 500 company and the third largest footwear company in the world, today announced that it has agreed to be acquired by 3G Capital, a global investment firm built on an owner-operator approach to long-term investing.
The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%.
But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.
Skechers USA, Inc. (“Skechers” or the “Company”) (NYSE: SKX), The Comfort Technology Company™ and a global footwear leader, today announced that John Vandemore, Chief Financial Officer, will participate in a fireside chat at the Barclays Americas Select Franchise Conference in London on Tuesday, May 6, 2025, at 6:15 a.m. PT / 9:15 a.m. ET.
Skechers shares are trading lower by 5.7% to $47.61 during Friday's session. The company late Thursday announced record Q1 2025 sales of $2.41 billion.
Considering how this week started — with a heavy thud on threats to Jerome Powell’s job as Fed Chair — these indexes are up +2% to nearly +5% so far this week. Not too shabby.
