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Article Date: March 2018
Word Count: 234

Skechers Sees Margin Expansion after Heavy Investment in Recent Years

A heavy dose of investment in international infrastructure and growing DTC operations in recent years is reaching an inflection point that should enable the company to get to 12-13% operating margins by 2019 compared to 10% in the most recent year. While SKX continues to see areas that will need further investment like distribution capacity, it believes there are good opportunities to harvest its recent efforts. While apparel remains another opportunity, the priority will remain on the footwear category in the U.S. and overseas, SKX told the UBS investor conference.


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