Deckers Brands (DECK) shares surged Friday, a day after the footwear company released earnings that showed sales for its popular brands Hoka and Uggs jumped 30% and 14%, respectively, compared to the same time last year. Key Takeaways Deckers reported $825.3 million in sales for the first quarter of fiscal 2025, up just over 22% from $675.8 million a year ago, and above analysts' expectations, according to estimates compiled by Visible Alpha. Popularity of Hoka, Uggs Boost Sales Much like it reported in May ...

With that, let's get into the detail of our first quarter fiscal year 2025 results. Revenue was $825 million, up 22% versus the prior year. Growth was primarily driven by HOKA as the brand increased 30% versus last year due to the exceptional demand experienced across the brand's global marketplace. Additionally, in the quarter, UGG increased 14%, primarily through wholesale gains as the brand continues to refill certain inventory in the marketplace. Gross margin for the quarter was 56.9% which was up 560 b ...

It's tough to get a firm handle on this market. One day it looks like a trading rotation into undervalued equities from big run-ups elsewhere, the next day it's a major selloff across the board. This day, we were back to the "rotation" scenario: the Dow gained +81 points, +0.20%, and the small-cap Russell 2000 kept up its two-week dominance, +1.47%, while the S&P 500 sold off another -0.51% and the Nasdaq -0.93% following the singleworst trading day of 2024 (so far). Two major retailers reported this aftern ...

The reported revenue compares to the Zacks Consensus Estimate of $805.49 million, representing a surprise of +2.47%. The company delivered an EPS surprise of +25.91%, with the consensus EPS estimate being $3.59. Here is how Deckers performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: For the quarter ended June 2024, Deckers (DECK) reported revenue of $825.35 million, up 22.1% over the same period last year. EPS came in at $4.52, compared ...

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estim ...

Consumer strength has led to robust quarterly results from the pair, with each exceeding Zacks Consensus EPS estimates throughout 2024. In addition, both sport favorable Zacks Ranks, reflecting upward trending estimate revisions among analysts. Analysts downwardly revised their earnings expectations accordingly following the lowered outlook, landing the stock into an unfavorable Zacks Rank #5 (Strong Sell). The company remains focused on rebalancing its product portfolio accordingly, hoping to re-capture co ...

Deckers (DECK) has been beaten down lately with too much selling pressure. While the stock has lost 9.5% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier. Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fimdamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock's p ...

As Deckers Outdoor Corporation (DECK) prepares to announce its first-quarter fiscal 2025 earnings results on Jul 25 after market close, investors are keen to assess the company's performance amid ongoing market challenges and opportunities. Deckers, known for its portfolio, including UGG and HOKA brands, has been navigating a dynamic landscape with strategic initiatives aimed at sustaining growth. The Zacks Consensus Estimate for revenues is pegged at $805.5 million, which indicates an improvement of 19.2% ...

Deckers (DECK) ended the recent trading session at $871.24, demonstrating a -1.76% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.71% for the day. Meanwhile, the Dow experienced a drop of 0.93%, and the technology-dominated Nasdaq saw a decrease of 0.81%. Prior to today's trading, shares of the maker of Ugg footwear had lost 10.37% over the past month. This has lagged the Retail-Wholesale sector's loss of 0.03% and the S&P 500's gain of 1.08% ...

Deckers Outdoor Corporation (DECK) has experienced a remarkable jump in its stock price over the past three months. The stock has rallied 12.2%, comfortably outpacing the Zacks Retail-Apparel and Shoes industry's modest rise of 7.7%. The company's commitment to customizing its product development, marketing efforts and omni-channel distribution to align with consumer preferences has also helped it outperform the broader Retail-Wholesale sector and the S&P 500 index's respective growth of 8.1% and 11.9% in t ...