Shoe company strikes gold with a billionaire deal, and stock soars after pulling its annual earnings forecast.

(CNN)– Skechers is getting out of the public market and going private amid President Trump’s trade war. The footwear company announced on Monday, May 5, that investment firm 3G will pay more than $9 ...

CFRA analyst Zach Warring warned for a "tougher macro environment in 2025 as excess savings are spent and consumer spending ...

US stocks retreated from a historic run of gains on Monday as President Trump's new tariff threat revived trade war worries ...

Skechers withdrew its full-year guidance due to economic uncertainty from global trade policies. Shares fell 7% post-market ...

Wall Street indices fell after new tariffs announced by President Trump sparked global trade war concerns. Additionally, ...

The stock shot up 24.8% in morning trading, which puts it on track for the biggest one-day gain since a record 39.6% rally on ...

Manhattan Beach-based shoe giant Skechers USA announced Monday it will be acquired by the 3G Capital global investment firm.