For the quarter ended December 2023, Deckers (DECK) reported revenue of $1.56 billion, up 16% over the same period last year. EPS came in at $15.11, compared to $10.48 in the year-ago quarter.The reported revenue represents a surprise of +8.47% over the Zacks Consensus Estimate of $1.44 billion. With the consensus EPS estimate being $11.40, the EPS surprise was +32.54%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...

Dave Powers to Retire as President and Chief Executive Officer, Effective August 1, 2024 Chief Commercial Officer Stefano Caroti to Become President and CEO GOLETA, Calif., Feb. 1, 2024 /PRNewswire/ -- Deckers Brands (NYSE: DECK), a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories, today announced that Dave Powers has decided to retire as President and Chief Executive Officer, effective August 1, 2024. Powers is expected to continue serving as a member o ...

Serving as a direct response to surplus from the last few seasons, this offering utilizes excess fabrics that were ordered but never used for in-line products due to order cancellation or other product-related reasons. Rather than using the scraps for samples or pullover, UGG® is repurposing or reimagining them to bring a new product to life for consumers. While this offering acts as the first iteration of ReImagined by UGG™, future collections will vary depending on multiple factors, including the amount o ...

Deckers Outdoor Corporation (DECK) is likely to register an increase in the top line when it reports third-quarter fiscal 2024 earnings results on Feb 1 after market close. The Zacks Consensus Estimate for revenues is pegged at $1,435 million, indicating an improvement of 6.6% from the prior-year reported figure.The company, renowned for its design, marketing and distribution of footwear, apparel and accessories, is expected to observe a year-over-year increase in its bottom line. The Zacks Consensus Estima ...

In the latest market close, Deckers (DECK) reached $754.15, with a -1.77% movement compared to the previous day. This move lagged the S&P 500's daily gain of 0.29%. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq increased by 0.43%.Heading into today, shares of the maker of Ugg footwear had gained 10.67% over the past month, outpacing the Retail-Wholesale sector's gain of 0.4% and the S&P 500's gain of 2.08% in that time.The investment community will be paying close ...

After a sluggish start to the year, the stock market has quickly turned around and now sits at an all-time high. The benchmark S&P 500 index closed at an all-time high on Jan. 19 as investors resumed buying equities with a vengeance. Closing at 4,839.81, it surpassed its previous record high set in January 2022. Also, the Dow Jones Industrial Average and technology-focused Nasdaq 100 indices are currently at record highs. The bull run has brought up the share prices of many stocks. While technology stocks c ...

Deckers Outdoor Corporation (DECK) , headquartered in Goleta, CA, has showcased a robust stock market performance, appreciating by 38.2% compared with the industry’s 27.5% growth in the six-month period. This growth trajectory is primarily attributed to the strong market reception of its UGG and HOKA brands, particularly in the direct-to-consumer segment. As a Zacks Rank #2 (Buy) company, Deckers’ solid operational strategy and resilient balance sheet have been pivotal in underpinning this expansion.Strateg ...

Efficiency level measures a company’s capability to transform available input into output. It is often considered an important parameter for gauging a company’s potential to make profits.Companies with favorable efficiency levels are likely to be on investors’ radar, regardless of market conditions. This is because a company with a favorable efficiency level is expected to offer impressive returns as it is believed to be positively correlated to its price performance.However, at times, it becomes difficult ...

The Regenerate by UGG™ Collection is a pinnacle expression of everything consumers love about the UGG® icons but with a renewed focus on what it means to choose products that feel good, inside and out. With a commitment to exacting artisanship, precision cutting, and premium construction methods, the brand sourced materials from farms practicing regenerative agriculture, helping to reduce negative impacts while enhancing positive ones. By reimagining how consciously sourced and crafted styles look and feel, ...

IBD's Screen Of The Day shows several growth stocks with strong technical ratings and rising profit estimates, including Deckers Outdoor, MercadoLibre, Nvidia and Novo Nordisk. NVDA stock and NVO stock pushed into buy zones on Monday.There are many ways to identify winning stocks. Investor Business Daily's automated screens show several stocks that have rising profit estimates. These show the stock's future potential, which can prove critical for stock performance.Deckers Outdoor (DECK) ranks first in the s ...