S&P Dow Jones Indices announced on September 2, 2025, that Skechers USA will be deleted from the S&P MidCap 400 index. This change is scheduled to take place prior to the open of trading on September 12, 2025.
The deletion of Skechers from the index is a direct consequence of the company's acquisition by 3G Capital and its subsequent transition to a privately held entity. Index changes often lead to adjustments in institutional portfolios as funds tracking the index are required to sell their shares.
TechnipFMC (FTI) will replace Skechers USA in the S&P MidCap 400. This rebalancing reflects Skechers' new corporate structure and its departure from the public market.
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