Deckers Outdoor (DECK) Tops Q1 EPS by 6c
Deckers Outdoor (NASDAQ: DECK) reported Q1 EPS of ($1.43), $0.06 better than the analyst estimate of ($1.49). Revenue for the quarter came in at $221 million versus the consensus estimate of $213.5 million.
"Our efforts to diversify our product lines, distribution channels and global revenue streams are creating a stronger foundation to support sustainable growth," commented Angel Martinez, Chief Executive Officer and Chair of the Board of Directors. "At the same time, our enhanced Omni-channel capabilities are giving us greater insight into our consumers and are allowing us to deliver a full brand experiences across all touch points. Looking ahead, we believe our merchandise and marketing strategies have us well positioned for a successful fall/winter selling season, which combined with moderating expense growth and share repurchases, should generate increased value for our shareholders this year and beyond."
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