Footwear Stocks Poised for Strong Q2: BofA Analyst Sees Attractive Upside for Crocs and Skechers

Loading... Loading... BofA Securities analyst Christopher Nardone has previewed the expected performance of footwear companies in the upcoming earning season. According to the analyst, footwear stocks like Crocs Inc CROX, Deckers Outdoor Corp DECK and Skechers U.S.A., Inc SKX have pulled back 11% off recent highs on average as a combination of tariff and freight related risks, and recent volatility in the higher multiple athletic sector are weighing on the group. The analyst expects calendar second-quarter ...