Goldman Sachs Comments on Deckers (DECK) Q3 and Guidance

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Goldman Sachs Upgrades Deckers Outdoor (DECK) to Buy Following Recent Weakness

February 2, 2015 7:58 AM EST

Goldman Sachs upgraded Deckers Outdoor (NASDAQ: DECK) from Neutral to Buy with a price target of $90.00 (from $95.00). The stock declined after Deckers reported Q3 results. Analyst Taposh Bari doesn't see similarities with 2012.

"Our fundamental bias had recently turned constructive as we gained a greater appreciation for investments in omni-channel, supply... More

Deckers Outdoor (DECK) Misses Q3 EPS by 2c, Revenue Light, Lowers FY EPS Guidance

January 29, 2015 4:12 PM EST

Deckers Outdoor (NASDAQ: DECK) reported Q3 EPS of $4.50, $0.02 worse than the analyst estimate of $4.52. Revenue for the quarter came in at $787.7 million versus the consensus estimate of $813.7 million.

Fourth Quarter Fiscal Year 2015 Outlook for the Three Month Period Ending March 31, 2015Full Fiscal Year 2015 Outlook for the Twelve Month Period Ending March 31, 2015The Company now expects fiscal year 2015 revenues to be approximately $1.8 billion or 13.5% over the twelve month period ended March 31, 2014, down from the previous guidance of approximately $1.825 billion or 15%.The Company now expects fiscal year 2015... More