Skechers' strong financial performance in 2024 further validates this confidence. The company reported a record $9 billion in revenue and net earnings of $640 million, highlighting its robust position ...

Skechers, the $9 billion sneaker giant, is being acquired by 3G Capital. The company will go private while maintaining its ...

Skechers will be acquired by investment firm 3G Capital for $63 per share in cash, a 30% premium on the company’s 15-day ...

Under the terms, 3G Capital has agreed to pay $63 per share in cash for all outstanding shares of Skechers, representing a ...

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

Manhattan Beach-based shoe giant Skechers USA announced Monday it will be acquired by the 3G Capital global investment firm, which will take the company private. Under the deal, estimated at about ...

MANHATTAN BEACH, Calif. (KESQ) - Manhattan Beach-based shoe giant Skechers USA announced today it will be acquired by the 3G Capital global investment firm, which will take the company private.

According to Skechers, 3G will buy out each of the company's 18 million public shares in one of two ways. Either it will pay ...

The change in rating follows the recent announcement by Skechers regarding its acquisition by 3G Capital. The stock has shown remarkable momentum, with InvestingPro data showing a 27.78% return ...