Deckers (DECK) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Although the revenue and EPS for Deckers (DECK) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
The Hoka parent delivered another strong earnings report.
Trendy shoe brands like Deckers' Hoka and UGG, along with New Balance and Roger Federer-backed On, have seen their sales soar as chunky sneakers and fuzzy winter boots gain popularity again.
Deckers Outdoor Corporation posted 20% top-line growth, driven by Hoka's 34% growth, but the stock appears overpriced despite its strong brands and financial discipline. Deckers' balance sheet is robust with $1.2 billion in cash and no debt, but fashion risk and margin expansion challenges loom. To achieve a 15% return, Deckers needs to grow revenues by 18% annually for the next decade, which seems ambitious.
Shares of Deckers Outdoor Corp DECK were climbing in early trading on Friday after the company reported upbeat fiscal second-quarter earnings.
Deckers Outdoor (DECK) shares soared Friday, a day after the footwear maker posted better-than-expected results and boosted its outlook as demand for its Hoka brand shoes surged.
Shares of Deckers Outdoor Corp (NYSE:DECK) are surging today, after the footwear name posted better-than-expected fiscal second-quarter earnings and revenue and raised its full-year guidance.
Deckers Outdoor stock is higher Friday after the footwear maker reported strong earnings and guidance, but what is Wall Street saying? Here's what you need to know.
In its first quarter reported after its 6-for-1 stock split, the footwear and apparel company once again left Wall Street's expectations in the dust.
Decker outdoor stock soars after the shoemaker posted yet another beat-and-raise quarter.
Deckers Outdoor shares jumped about 15% in premarket trading on Friday after the shoemaker raised its annual sales forecast and beat second-quarter expectations, on resilient demand.