Skechers USA’s (SKX) fourth-quarter 2010 earnings missed the Zacks expectations, and plunged 87.9% from the prior-year quarter. Skechers indicated that it has witnessed order cancellations as the market was flooded with lower-priced toning product. Consequently, total inventories increased 77.9% to $398.6 million, over the prior-year quarter. However, Skechers indicated that it would try to lower [...] (SKX) Skechers U.S.A. – Bear of the Day