Deckers Outdoor Q4 Sales Beat Estimates, Full-Year Guidance Raised Above Forecasts
DECK sits 30% above its 52-week low of $78.91 on elevated volume (1.9× avg).
Summary
Deckers Outdoor reported Q4 sales of $1.119 billion, surpassing analyst estimates of $1.093 billion. The company also raised its full-year sales outlook to $5.86-$5.91 billion, exceeding the prior IBES estimate of $5.82 billion. This strong performance and improved guidance build on the positive momentum from Q3, signaling robust demand for its brands.
At the time of this announcement, DECK was trading at $102.73 on NYSE in the Trade & Services sector, with a market capitalization of approximately $14.6B. The 52-week trading range was $78.91 to $127.95. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.