Deckers Outdoor Corp (NYSE: DECK) opened 20% up in the stock market on Friday after the shoe stores company reported strong results for its fiscal fourth quarter.
Deckers Outdoor Q4 financial highlights
- Net income more than doubled in fiscal fourth quarter to $68.8 million.
- EPS of $2.51 was much better than $1.18 in Q4 of the previous year.
- Net sales jumped 31% to $736 million, as per the សេចក្តីប្រកាសព័ត៌មានស្តីពីប្រាក់ចំណូល។
- FactSet consensus was for $1.30 of EPS on $639.5 million in net sales.
- A 24.7% sales growth at Ugg boots was also better-than-anticipated.
- Gross margin declined from 53.2% to 48.7% in the recent fiscal quarter.
Deckers Outdoor leadership change
នៅក្នុងព័ត៌មានពាក់ព័ន្ធ, Deckers said Wendy Yang will quit as President of Performance Lifestyle at the end of May. The current president of omni-channel, Stefano Caroti, will assume her role temporarily as the company looks for a permanent replacement.
The stock is still down more than 25% for the year.
Deckers Outdoor outlook for the future
For fiscal 2023, Deckers forecasts its net sales to fall between $3.45 billion and $3.50 billion on up to $18.25 of per-share earnings. In comparison, analysts had called for $3.45 billion in net sales on $18.07 of EPS. In the សេចក្តីប្រកាសព័ត៌មានស្តីពីប្រាក់ចំណូល, CEO Dave Powers said:
Over the last two years, our portfolio of brands is making progress towards key long-term strategies, and maintaining top-tier levels of profitability, despite unprecedented supply chain disruptions. And I am even more excited about the opportunities ahead.
ប្រកាស Deckers Outdoor បានបើក 20% ឡើងនៅថ្ងៃសុក្រ: តើមានអ្វីកើតឡើង? បានបង្ហាញខ្លួនជាលើកដំបូង អ៊ីនវេស.
Source: https://invezz.com/news/2022/05/20/deckers-outdoor-opened-20-up/