Payload Logo

Deckers: Fiscal Q2 Earnings Snapshot

By AP News
Published

GOLETA, Calif. (AP) — GOLETA, Calif. (AP) — Deckers Outdoor Corp. (DECK) on Thursday reported fiscal second-quarter earnings of $178.5 million.

On a per-share basis, the Goleta, California-based company said it had profit of $6.82.

The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $4.41 per share.

The maker of Ugg footwear posted revenue of $1.09 billion in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $957.6 million.

Deckers expects full-year earnings to be $22.90 to $23.25 per share, with revenue expected to be $4.03 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DECK at https://www.zacks.com/ap/DECK

📬 Sign up for the Daily Brief

Our free, fast and fun briefing on the global economy, delivered every weekday morning.