Deckers Posts Q2 EPS of $2.31
DECK is trading near its 52-week low of $77.2 (9.2% above the low) on elevated volume (2.2× avg).
Summary
Deckers reported second-quarter EPS of $2.31, with net income of $313.1M and sales of $1.48B, which came in below the IBES estimate of USD 1,506 million. The company now expects FY27 net consolidated sales in a range of $5.700B to $5.725B and FY27 EPS of $7.80 to $7.95. Context matters here: Q1 revenue topped $1 billion on HOKA growth of 7.7% while operating margin fell on higher costs, and the company has been buying back stock aggressively ($338 million in Q1).
At the time of this announcement, DECK was trading at $84.27 on NYSE in the Trade & Services sector, with a market capitalization of approximately $11.6B. The 52-week trading range was $77.20 to $122.29. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.