Ticker delayed 20 minutes
Avg Daily Volume: 2,023,785 Market Cap: 5.83B
Sector: Consumer Goods Short Interest: 9.17
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .70/share REV: 1,340/M
___________________________________________________________
LAST QTR: EPS: .34/share ACTUAL: .49/share (BEAT)
____________________________________________________________
NEXT QTR: EPS: .39/share REV: 1,220/M
______________________________________________________
FULL YR: EPS: 2.27/share REV: 5,100/M
______________________________________________________
*These are the base metrics we will be watching against the actual release numbers
______________________________________________________
BEAT/MISS RECORD: 63% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 16.24, -15.98, 18.95
EXPECTED JUMP MOVE: 10-15%
Links To Latest News and Headlines
Skechers’ (SKX) fourth-quarter 2022 results gains from strength in the comfort technology products and sturdy demand for the innovative product portfolio.
Skechers U.S.A., Inc. (NYSE:SKX) Q4 2022 Earnings Call Transcript February 2, 2023 Operator: Greetings, and welcome to the Skechers Fourth Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. I would […]
Deckers’ (DECK) third-quarter fiscal 2023 performance was driven by the increases in the HOKA ONE ONE and Teva brands.
Skechers sales in China dropped 23% in the fourth quarter, in part due to Covid-19 related restrictions.
Certain statements paint herein, including, without limitation, statements addressing the beliefs, plans, objectives, estimates or expectations of the company or future results or events may constitute forward-looking statements that involve risks and uncertainties. Such forward-looking statements with respect to the COVID-19 pandemic include, without limitation, the company’s plans in response to this pandemic. Additional forward-looking statements involve known and unknown risks, including, but not limited to, global, national, local economic, business and market conditions, including the impact of inflation, Russia’s war with Ukraine and supply chain delays and disruptions in general and specifically as they apply to the retail industry and the company.
StockJumpers analysis and trade plans are uploaded generally 1 HOUR (3PM EST) for most events.
“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up Looking forward to having you on-board ASAP”
ANALYSIS:
StockJumpers trajectory analysis reveals a positive market reaction after some significant up and down movement while the bulls and bears figure out what direction to take. The release may have mixed news and this is the reason for the whipsaw and it reduces our confidence on any sustained pop post release.
We are biased LONG, but uncertain about the potential for whipsaw and a down move past any stops, as investors digest the release.
___________________
OUR TRADE PLAN:
ENTRY: BUY end of day or at release – if further data supports the trade. We may hold until after the release and jump in after the anticipated down move.
STOP LOSS: NA
INITIAL PROFIT TARGET: 15%
___________________
TRADE ASSIST: YES – we will likely wait till close to enter based on our model of an initial down move.
POST RELEASE ACTION:
[/mepr-show
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.
NOTICE: All data on this site has been published for informational and educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced here or in our websites. StockJumpers is not an Investment Adviser and relies on the publisher’s exemption as defined in Section 401(f) of the Uniform Securities Act, and provides no personal advice or recommendations. The services and published information contained herein is for non-commercial, educational use and display. StockJumpers and any of its affiliates does not represent that the securities or services discussed are suitable for any investor. You should assume that StockJumpers and or its management has or will take a position in the stock, whether it is stated or not. You are further advised not to rely on any information contained in this report and associated websites in the process of making a fully informed investment decision. Trading is risky and you can lose your investment. For the complete risk disclosure and other legal information please review the full Terms of Use Agreement.