Deckers Outdoor (DECK) Tops Q2 EPS by 95c
Deckers Outdoor (NYSE: DECK) reported Q2 EPS of $3.58, $0.95 better than the analyst estimate of $2.63. Revenue for the quarter came in at $623.5 million versus the consensus estimate of $553.62 million.
"Deckers' record second quarter performance was the result of our powerful brands, dedicated teams, innovative product launches, and ability to capture demand online," said Dave Powers, President and Chief Executive Officer. "We are thrilled by the resilience of our organization to deliver strong results in the first half of fiscal year 2021. Our brands are operating from a position of strength, and while we continue to navigate the challenges of a global pandemic, the demand for our brands combined with our strong operating model and healthy balance sheet leave Deckers well positioned for the long-term."
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.
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