(SKX)

Skechers reported Q2 2025 revenue of $2.44 billion, a 13.1% increase from last year, driven by strong international sales. However, the company experienced margin pressures, with gross and operating margins declining, and faced challenges in the Chinese market.

Skechers USA, Inc. announced a go-private transaction with 3G Capital, offering shareholders $63.00 or $57.00 plus a unit in the post-closing private entity. The transaction valuation has raised concerns among shareholders given recent stock trading levels.

Law firm Monteverde & Associates is investigating potential legal actions related to merger transactions involving Sonnet BioTherapeutics, Skechers, First Community Corporation, and Signature Bank of Georgia.

Skechers, the third-largest footwear company, is being acquired by private equity firm 3G Capital for $9.4 billion, a 30% premium to its stock price. The deal will take Skechers private, and its management team will remain in place.

The article discusses the upcoming earnings reports of Crocs, Deckers Outdoor, and Skechers. Deckers Outdoor and Skechers recently reported positive results, with margin expansion and brand momentum. The article suggests that Crocs may also see similar positive trends, making it a prime selection for investors.