Supply Chain Research

Shoe manufacturer Skechers reported third quarter profits that were 37% better than expected, with a 16% revenue growth being 3% above forecasts. The stock jumped 23% aftermarket in response. Panjiva data shows the company’s U.S. imports (54% of global sales) have been accelerating. Growth in September reached 25% on a year earlier, up from 10% in July, to result in a third quarter total that rose 18%. Its competitors are also expanding, with Adidas and Under Armour seeing accelerating growth while Nike has slowed somewhat.