The Feed / SKX / #001590
TARGET · SKX

SKX → $24.80 by Jul 23, 2025.

T
Traditional-Year3847reddit
via r/wallstreetbets
· Published Apr 24, 2025 23:40 · Valid until Jul 23, 2025 · FAILURE
Entry
$0.15
Final
$0.02384993 -84.1%
Target
$24.80
Score
-0.01
If you remember my post from 5 months ago (and if you don’t, shame on you), I warned that Skechers was one Trump election away from a full-blown earnings aneurysm. They import 85% of their shoes from Asia. So naturally, a little thing called “tariffs” comes back on the menu, and boom, Skechers pulled full-year 2025 guidance citing “uncertainty" despite record Q1 revenues! They didn't even revise their guidance, they straight up refused to provide one! why? well i believe …
— ORIGINAL POST · $SKX Short Thesis: The Other Shoe Has Dropped · r/wallstreetbets · Apr 24, 2025