SKX: comps to last year

Comps to 2015:

Q1 2016 will compare favorably to Q1 2015 (easy comp).

Q2 2016 will be a very tough comparison versus Q2 2015: last year we had a weak Q1 with sales bleeding into Q2. We also had orders that should have gone into Q3 pulled into Q2. So Q2 2015 was very strong.

Q3 2015 had orders pulled into the previous quarter so it appeared very weak. Therefore, we will expect Q3 2016 to show incredible growth versus Q3 2015.