Shares of shoemaker Skechers (NYSE: SKX) have been on a wild ride. Since the company released its second-quarter 2022 earnings report, I've put Skechers on a short leash, and might sell the whole position later this year. The company's direct-to-consumer segment (sales from its website and retail stores) grew 38%.
Crocs' (CROX) second-quarter 2022 results benefit from sturdy consumer demand and brand strength. Higher freight costs are likely to linger in 2022.
Yahoo Finance Live checks out footwear brand Crocs' lurching stock amid a boom in consumer demand.