Why Deckers Outdoor Shares Are Gaining Today

The footwear company's quarterly gross margin was 56.9% compared to 51.3% a year ago. Operating income was $132.8 million compared to $70.7 million a year earlier. During the first fiscal quarter, the company repurchased approximately 177 thousand shares of its common stock for a total of $152.0 million at a weighted average price paid per share of $858.79. Photo by Nattawit Khomsanit via Shutterstock Deckers Outdoor Corporation DECK shares are trading higher today. Check This Out: Deckers Outdoor Q1 Earnin ...