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Campaigns / Spruce Point Capital → Skechers U.S.A., Inc.
Spruce Point Capital vs. Skechers U.S.A., Inc.

Skechers U.S.A., Inc. · SKX

1 deck published between 2022-07-19 and 2022-07-19 — 34 pages, 34 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2022-07-19 initial thesis

    2022 07 64e7962249e9064b27ca3d25_skx_research_thesis_7 19 2022

    34pp · full_deck

    Skechers is a governance-rotten, family-run 'fast follower' whose China growth is collapsing and inventory is bloating — 30%-50% downside to $18.60-$26.00.