Deckers Outdoor (DECK) PT Raised to $82 at Jefferies Following Solid 2Q
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Decker & Co. and Pelham Smithers Associates Launch New Partnership
October 27, 2017 2:03 AM EDTSAN FRANCISCO, CA, Oct 27, 2017 - (ACN Newswire) - All-Asia institutional equities broker Decker & Co. has launched a new partnership with independent research provider Pelham Smithers Associates (PSA). London-based PSA produces company and sector reports on Asian technology with a focus on Japan. The firm's principals are decades-long Japan experts.
"We are proud to bring PSA's depth of insight to clients," said Mark Decker, founder and CEO of Decker & Co., which has offices in Silicon Valley, New... More
Deckers Brands Reports Second Quarter Fiscal 2018 Financial Results and Raises Guidance for Full Year Fiscal 2018
October 26, 2017 4:05 PM EDTSecond quarter fiscal 2018 sales of $482.5 million and diluted earnings per share of $1.54 Gross margin expanded 220 basis points in the quarter Fiscal 2018 sales now anticipated to increase between 1% to 2% over fiscal 2017 and adjusted earnings per share expected to be in the range of $4.15 to $4.30 Share repurchase authorization increased to $400 million
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... More
Deckers Brands Announces $400 Million Stock Repurchase Authority and Concludes Review of Potential Sale
October 26, 2017 4:04 PM EDTGOLETA, Calif.--(BUSINESS WIRE)-- Deckers Brands (NYSE: DECK), a global leader in designing, marketing and distributing innovative footwear, apparel and accessories, announced today that its Board of Directors has authorized a new $335 million stock repurchase program, in addition to the $65 million remaining under Deckers current authorization, for a total of $400 million. This represents approximately 20% of the current market capitalization. Deckers also today announced the completion of its review of a potential sale of the company. The Board remains open to considering strategic and financial alternatives as part of its ongoing efforts to... More
