Jefferies Reiterates Buy on Deckers Outdoor (DECK) Following 4Q

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Deckers Brands Reports Fourth Quarter and Fiscal 2016 Financial Results

May 26, 2016 4:06 PM EDT

Fourth Quarter Sales Increased 11.2% to a Record $378.6 Million Fourth Quarter GAAP Loss per Share was $(0.73); Fourth Quarter Non-GAAP Earnings Per Share was $0.11 Fourth Quarter Direct-to-Consumer Comparable Sales Increased 2.6% Company Announces CEO Transition

GOLETA, Calif.--(BUSINESS WIRE)-- Deckers Brands (NYSE: DECK), a global leader in designing, marketing and distributing innovative footwear, apparel and accessories, today announced financial results for the fourth fiscal quarter and fiscal year ended March 31, 2016.

Throughout this release, references to Non-GAAP financial measures... More

Deckers Brands Announces Executive Leadership Transition

May 26, 2016 4:05 PM EDT

GOLETA, Calif.--(BUSINESS WIRE)-- Deckers Brands (NYSE: DECK), a global leader in designing, marketing and distributing innovative footwear, apparel and accessories, today announced that Dave Powers will succeed Angel Martinez as Chief Executive Officer of Deckers Brands following Mr. Martinezs retirement, effective May 31,2016. Mr. Martinez will continue to serve as Chairman of the Companys board of directors.

The board of directors and management team has been working on this succession plan for some time as it was incredibly important for us to find the right person to lead Deckers Brands into the... More