Deckers Outdoor (DECK) Tops Q3 EPS by $1.92, Revenues Beat

Deckers Outdoor (NYSE: DECK) reported Q3 EPS of $8.99, $1.92 better than the analyst estimate of $7.07. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $963.38 million.

"Our record third quarter performance was propelled by demand across the UGG brand\'s diversified product offering and the continued global expansion of the HOKA ONE ONE brand," said Dave Powers, President and Chief Executive Officer. "The performance of our brands was primarily driven by our robust e-commerce engine and the resilience displayed by our teams to overcome significant operational and macro challenges related to the pandemic. With our strong portfolio of brands, stable operating model, and powerful balance sheet, Deckers is well positioned for continued success."

GUIDANCE:

Given the ongoing and fluid economic environment related to the COVID-19 pandemic, the Company will not be providing full year guidance for fiscal year 2021.

For earnings history and earnings-related data on Deckers Outdoor (DECK) click here.

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