- 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