Richard Siskind - Skechers USA Lead Independent Director

SKX Stock  USD 65.41  6.59  11.20%   

Director

Mr. Richard Lee Siskind is an Independent Director of Skechers USA, Inc. Since he founded R. Siskind Company in 1991, Mr. Siskind has served as its Chief Executive Officer and a member of its board of directors. R. Siskind Company is a business that purchases brand name mens and womens apparel and accessories and redistributes those items to offprice retailers. R. Siskind Company also controls other companies that have licenses and distribution agreements for various brands. Mr. Siskinds qualifications to serve on our Board include over 40 years of experience as chief executive officer of various companies in the consumer retail sector, including four years as Chief Executive Officer and six years as a board member of Magic Lantern Group, a publicly traded apparel company, and over 20 years as founder, majority shareholder and leader of R. Siskind Company. Mr. Siskinds experience with consumer retail businesses includes expertise with business planning, operations, finance, inventory control, acquisitions and licenses. since 2017.
Age 74
Tenure 7 years
Phone310 318 3100
Webhttps://www.skechers.com

Skechers USA Management Efficiency

The company has Return on Asset of 0.0737 % which means that on every $100 spent on assets, it made $0.0737 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1628 %, implying that it generated $0.1628 on every 100 dollars invested. Skechers USA's management efficiency ratios could be used to measure how well Skechers USA manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 1.98 B in debt with debt to equity (D/E) ratio of 0.43, which is OK given its current industry classification. Skechers USA has a current ratio of 2.22, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Skechers USA until it has trouble settling it off, either with new capital or with free cash flow. So, Skechers USA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Skechers USA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Skechers to invest in growth at high rates of return. When we think about Skechers USA's use of debt, we should always consider it together with cash and equity.

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Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children and performance footwear for men and women worldwide. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California. Skechers USA operates under Footwear Accessories classification in the United States and is traded on New York Stock Exchange. It employs 6200 people. Skechers USA (SKX) is traded on New York Stock Exchange in USA. It is located in 228 Manhattan Beach Boulevard, Manhattan Beach, CA, United States, 90266 and employs 9,200 people. Skechers USA is listed under Apparel category by Fama And French industry classification.

Management Performance

Skechers USA Leadership Team

Elected by the shareholders, the Skechers USA's board of directors comprises two types of representatives: Skechers USA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Skechers. The board's role is to monitor Skechers USA's management team and ensure that shareholders' interests are well served. Skechers USA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Skechers USA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Phillip Paccione, Executive Vice President - Business Affairs, General Counsel, Corporate Secretary
Thomas Walsh, Independent Director
Richard Siskind, Lead Independent Director
Rick Graham, Ex Officer
Philip Paccione, Executive Vice President - Business Affairs, General Counsel, Corporate Secretary
John Vandemore, Chief Financial Officer
Katherine Blair, Independent Director
Michael Greenberg, Co-Founder and President and Director
Jeffrey Greenberg, Senior Vice President - Active Electronic Media, Director
Mark Nason, Executive Vice President - Product Development
Pete Calichman, Senior Sales
David Weinberg, CFO, COO, Principal Accounting Officer Executive VP and Director
Robert Greenberg, Chairman of the Board, Chief Executive Officer
Morton Erlich, Lead Independent Director
Andrew Greenebaum, IR Contact Officer
Geyer Kosinski, Independent Director
Richard Rappaport, Independent Director
Zulema Garcia, Independent Director
Yolanda Macias, Independent Director

Skechers Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Skechers USA a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Skechers USA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Skechers USA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Skechers Usa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Skechers Usa Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skechers USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.
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When running Skechers USA's price analysis, check to measure Skechers USA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Skechers USA is operating at the current time. Most of Skechers USA's value examination focuses on studying past and present price action to predict the probability of Skechers USA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skechers USA's price. Additionally, you may evaluate how the addition of Skechers USA to your portfolios can decrease your overall portfolio volatility.
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Is Skechers USA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Skechers USA. If investors know Skechers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Skechers USA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Skechers USA is measured differently than its book value, which is the value of Skechers that is recorded on the company's balance sheet. Investors also form their own opinion of Skechers USA's value that differs from its market value or its book value, called intrinsic value, which is Skechers USA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Skechers USA's market value can be influenced by many factors that don't directly affect Skechers USA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Skechers USA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skechers USA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skechers USA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.