Skechers tripped up by OTR Global read

This likely explains today’s downward pressure

Skechers (SKX -4.5%) trades weak after channel checks from OTR Global create some anxiety. In early February, the company issued a very strong backing of its Q1 guidance. The matter will be settled on April 27 when the company issues the earnings report and provided full-year guidance.

Shares of Skechers are down almost exactly 50% from their 52-week high.…


sorry. just saw this link was provided in an upstream post on SKX.