Skechers Announces Participation at the Morgan Stanley Life After Covid: 2021 Thematic Conference
May 11 2021 - 4:05PM
Business Wire
SKECHERS USA, Inc. (NYSE:SKX), a global footwear leader, today
announced that John Vandemore, Chief Financial Officer, will
participate in a virtual fireside chat at the Morgan Stanley Life
After Covid: 2021 Thematic Conference on Tuesday, May 18, 2021 at
12:00 p.m. PT.
The audio portion of the virtual fireside chat will be available
live and on replay for 90 days at investors.skechers.com.
About SKECHERS USA, Inc.
Skechers (NYSE:SKX), a comfort technology company based in
Southern California, designs, develops and markets a diverse range
of lifestyle and performance footwear, apparel and accessories for
men, women and children. The Company’s collections are available in
the United States and over 170 countries and territories via
department and specialty stores, and direct to consumers through
3,989 Company and third-party-owned retail stores and e-commerce
websites. The Company manages its international business through a
network of global distributors, joint venture partners in Asia,
Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan,
India, Europe and Latin America. For more information, please visit
about.skechers.com and follow us on Facebook, Instagram, Twitter
and TikTok.
This announcement contains forward-looking statements that are
made pursuant to the safe harbor provisions of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements may include, without limitation, Skechers’ future
domestic and international growth, financial results and operations
including expected net sales and earnings, its development of new
products, future demand for its products, its planned domestic and
international expansion, opening of new stores and additional
expenditures, and advertising and marketing initiatives.
Forward-looking statements can be identified by the use of
forward-looking language such as “believe,” “anticipate,” “expect,”
“estimate,” “intend,” “plan,” “project,” “will be,” “will
continue,” “will result,” “could,” “may,” “might,” or any
variations of such words with similar meanings. Any such statements
are subject to risks and uncertainties that could cause actual
results to differ materially from those projected in
forward-looking statements. Factors that might cause or contribute
to such differences include the disruption of business and
operations due to the COVID-19 pandemic; international economic,
political and market conditions including the challenging consumer
retail markets in the United States; sustaining, managing and
forecasting costs and proper inventory levels; losing any
significant customers; decreased demand by industry retailers and
cancellation of order commitments due to the lack of popularity of
particular designs and/or categories of products; maintaining brand
image and intense competition among sellers of footwear for
consumers, especially in the highly competitive performance
footwear market; anticipating, identifying, interpreting or
forecasting changes in fashion trends, consumer demand for the
products and the various market factors described above; sales
levels during the spring, back-to-school and holiday selling
seasons; and other factors referenced or incorporated by reference
in Skechers’ annual report on Form 10-K for the year ended December
31, 2020. More specifically, the COVID-19 pandemic has had and is
currently having a significant impact on Skechers’ business,
financial conditions, cash flow and results of operations.
Forward-looking statements with respect to the COVID-19 pandemic
include, without limitation, Skechers’ plans in response to this
pandemic. At this time, there is significant uncertainty about the
COVID-19 pandemic, including without limitation, (i) the duration
and extent of the impact of the pandemic, (ii) governmental
responses to the pandemic, including how such responses could
impact Skechers’ business and operations, as well as the operations
of its factories and other business partners, (iii) the
effectiveness of Skechers’ actions taken in response to these
risks, and (iv) Skechers’ ability to effectively and timely adjust
its plans in response to the rapidly changing retail and economic
environment. Taking these and other risk factors associated with
the COVID-19 pandemic into consideration, the dynamic nature of
these circumstances means that what is stated in this press release
could change at any time, and as a result, actual results could
differ materially from those contemplated by such forward-looking
statements. The risks included here are not exhaustive. Skechers
operates in a very competitive and rapidly changing environment.
New risks emerge from time to time and we cannot predict all such
risk factors, nor can we assess the impact of all such risk factors
on our business or the extent to which any factor, or combination
of factors, may cause actual results to differ materially from
those contained in any forward-looking statements. Given these
risks and uncertainties, you should not place undue reliance on
forward-looking statements as a prediction of actual results.
Moreover, reported results should not be considered an indication
of future performance.
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version on businesswire.com: https://www.businesswire.com/news/home/20210511005298/en/
Investor Relations: Andrew Greenebaum Addo Investor Relations
investors@skx.com
Press: Jennifer Clay Skechers Vice President, Corporate
Communications (310) 937-1326
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