Part 2/6:
Seth Jayson, after revisiting Skechers’ financials, concurred with Matt's initial assessment. He observed slight dips in domestic wholesale sales but anticipated improvement in the upcoming fourth quarter. While this was a slight concern, international sales have remained robust, accounting for a significant portion of Skechers' business. Notably, the company boasts nearly 3,000 stores globally, supplementing its direct and wholesale business channels. This wide-reaching infrastructure positions Skechers as a formidable force within the footwear market globally.