Consumer Strength Fuels Record Results for These 2 Companies
Deckers(DECK) ZACKS·2024-07-24 15:15
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 ...