Skechers’ stock rockets on buyout deal after tumbling in wake of tariff concerns

  1. Home
  2. Industries
  3. Clothing/Textiles

Investment firm 3G Capital will pay $63 per share in cash, or a 28% premium, for Skechers, which has seen its stock tumble on concerns over tariffs

Published: May 5, 2025 at 10:00 a.m. ET

Shares of Skechers USA Inc. soared Monday, after the comfort-footwear maker agreed to be taken private in an acquisition by investment firm 3G Capital.

3G Capital will pay $63 per share in cash for Skechers SKX, representing a premium of 28% to the stock’s closing price on Friday of $49.37. That bid price values that company at about $9.4 billion.

About the Author

Leave a Reply

Your email address will not be published. Required fields are marked *