Deckers Outdoor (DECK) Tops Q4 EPS by 36c; HOKA Sales Rise 51.8%

Deckers Outdoor (NYSE: DECK) reported Q4 EPS of $0.57, $0.36 better than the analyst estimate of $0.21. Revenue for the quarter came in at $374.9 million versus the consensus estimate of $374.19 million.

"Fiscal year 2020 performance was driven by the strength of our brand portfolio, fueled by targeted investments in our key initiatives, coupled with disciplined financial management," said Dave Powers, President and Chief Executive Officer. "We expect fiscal year 2021 results to be impacted depending on the duration and severity of the COVID-19 pandemic, but our in-demand brands, omni-channel capabilities, and healthy balance sheet position us well to weather this challenging environment."

Throughout this release, references to Non-GAAP financial measures from the prior year exclude the impact of certain charges relating to restructuring costs, organizational changes, legal matters and other one-time or non-recurring amounts. Although the Company is not reporting any Non-GAAP financial measures for the current period, a reconciliation between its reported GAAP measures and its Non-GAAP financial measures for the fourth fiscal quarter and fiscal year ended March 31, 2019 is set forth under the heading "Non-GAAP Financial Measures" below.

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

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