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Deckers Outdoor: Q2 Earnings Insights


Benzinga | Oct 29, 2020 04:36PM EDT

Deckers Outdoor: Q2 Earnings Insights

Shares of Deckers Outdoor (NYSE:DECK) rose 3.97% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share increased 32.10% year over year to $3.58, which beat the estimate of $2.47.

Revenue of $623,525,000 up by 15.00% year over year, which beat the estimate of $541,500,000.

Outlook

Deckers Outdoor hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Oct 29, 2020

Time: 04:30 PM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/1903/38260

Recent Stock Performance

Company's 52-week high was at $267.10

52-week low: $78.70

Price action over last quarter: Up 23.19%

Company Description

Deckers Outdoor Corp designs and sells casual and performance footwear, apparel, and accessories. Primary brands include UGG, Teva, and Sanuk. The company distributes most of its products through its wholesale business, but it also has a substantial direct-to-consumer business with its company-owned retail stores and websites. Most sales are in the United States, although the company also has retail stores and distributors throughout Europe, Asia, Canada, and Latin America. Deckers sources its products from independent manufacturers primarily in Asia.






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