SKX - Insider Unloading: ROBERT GREENBERG Sells $11.75M Worth Of Skechers USA Shares | Benzinga
ROBERT GREENBERG, Chief Executive Officer at Skechers USA (NYSE:SKX), disclosed an insider sell on November 30, according to a recent SEC filing.
What Happened: After conducting a thorough analysis, GREENBERG sold 200,000 shares of Skechers USA. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total transaction value is $11,745,030.
As of Friday morning, Skechers USA shares are up by 0.59%, currently priced at $59.26.
All You Need to Know About Skechers USA
Skechers USA Inc is a lifestyle footwear company under the Skechers GO brand name. Products offered include various styles of women's shoes, men's shoes, girl's shoes, boy's shoes, performance shoes, and work shoes. Allied products offered are apparel, bags, eyewear, toys, and more. Its products are available for sale at department and specialty stores, athletic and independent retailers, boutiques, and internet retailers. The company's operating segments include Wholesale, and Direct-to-Consumer. It generates maximum revenue from the Wholesale segment.
Skechers USA: Delving into Financials
Revenue Growth: Skechers USA's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 7.8%. This signifies a ...