Deckers Outdoor (DECK) Tops Q2 EPS by 5c; Updates FY16 Outlook
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Sterne Agee CRT Sees Deckers Outdoor (DECK) 3Q Guidance as 'Best Case' Scenario; Maintains Neutral Rating
October 30, 2015 9:34 AM EDTSterne Agee CRT maintained a Neutral rating on Deckers Outdoor (NASDAQ: DECK) following the company's 2Q16 earnings results. The company said that inventory growth at the end of 3Q and 4Q will be below sales growth, which implies that receipts in 3Q would need to decline 24% Y/Y. Management said that... More
