Deckers Outdoor Earnings Review: The Post-Earnings Rally Will Be Short Lived
Deckers(DECK) Seeking Alpha·2024-07-26 22:38
Robert Way/iStock Editorial via Getty Images I last covered Deckers Outdoor Corporation (NYSE:DECK) on June 6th, where I believed that the stock was overvalued with excessive investor optimism baked into its valuation, making it prone to a sharp pullback, especially as revenue growth rates slow from their prior levels. I did emphasize, however, that the company had been operating resiliently, as it saw its HOKA and UGG brands continuing to outperform as it leveraged a robust product portfolio. It is also ma ...