Executive Vice President, Chief Operating Officer & Director, Skechers U S A
Search every verified David Weinberg interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. David Weinberg, Executive Vice President, Chief Operating Officer, and Director at Skechers U.S.A., has also been a Camp Bow Wow franchisee in North Phoenix, Arizona. In a 2025 franchisee story, Weinberg described his experience opening the camp, noting that the mayor attended the opening and that the camp was sold out for interviews over Easter weekend despite corporate concerns about timing. He characterized the franchise community as "one big family" and said that owners share ideas through group chats and corporate support. In a 2016 appearance on CNBC's *Mad Money*, Weinberg addressed a 31% drop in Skechers' stock following a quarterly earnings report. He attributed the earnings miss to the strong dollar, a personal injury lawsuit settlement, and increased deferred rent expense, and said the company still expected to double its business in five years. In a 2015 appearance, he described Skechers as "a marketing company first" and stated that the brand was growing worldwide across multiple categories and geographies, with China and other international markets representing significant growth opportunities.
“Not only did the mayor come to our opening of Phoenix, we had vendors from Chick-fil-A, we had a large crowd to come support us on a ribbon cutting.”
“Corporate was actually a little worried about our opening and having enough interviews on our opening just based off the time frame that we had from our construction end date to our certificate of occupancy to the fact it fell on Easter weekend.”
“We went ahead and did it and we were sold out on interviews for the entire weekend and the following week.”
“I feel like it's one big family. Anytime that you need any sort of assistance or anytime that you need some advice, you can always call somebody or you can always call corporate and they're there to answer and they're also there to just kind of guide you in the right direction.”
“We have an Arizona group chat, we have a Camp Ops group chat. We're just constantly bouncing things off of one another...if we have an idea and it's working out for us, we'll let the other owners know and vice versa.”
“Business is very good and continues to be very good. Our business in the Orient is good. China held up very well, 17 to 5% in the mid-20s in Europe. We have new markets in South America. We have Central Eastern Europe. Even our domestic wholesale businesses held up very very well.”
“We still think we can double the business in the next 5 years.”
“The entire earnings miss was caused by that super freaking strong dollar, a $5 million personal injury lawsuit settlement and increased deferred rent expense in 3.5 million at the company's Fifth Avenue store in New York City. If not for these items, then Skechers actually would have beat the numbers.”
“We certainly will have conversation [about stock buybacks]. There is money offshore and there's money that would have to be repatriated or borrowed. We don't really want to do a lot of financial engineering. We think our business is on a great track and we'll continue to do so and we'll show it in the performance and t...”
“Back to school for the most part was not as good as it was supposed to be or as we thought it could be. It started a little late so people were late reacting to it. Labor Day came very very late and it did cause an inventory overhang although we believe it's not in our product that did limit what they could do at the e...”
“The pendulum on Wall Street seems to swing to very big extremes and it obviously swung way too far on the top side. Although we think we'll get back to those levels as the business continues to grow and now is obviously swung way too far the other level and so it'll create a great opportunity for all those people that...”
“Most of these guys report at the end of October and are very picky about how much inventory they closed a month with, even moving away with some hot selling styles to get rid of some inventory that was slow moving and we didn't want to be part of the promotional cadence as well.”
“We had a record incoming order quarter especially big in August and September. So it's following and the numbers are coming. I think he's right on and it will happen. There's a timing issue because of the macro issues in the US.”
“We don't think you can grow and get name identification and we think it requires two things: you have to have the product and then you have to build the image around the product so people will try it because we know once they try it they'll stay with it.”
“Cheaper oil boosts the economy and people shop and people buy more and we're what they're looking for so we think it's a big positive but that remains to be seen.”
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