Deckers Brands (DECK) Stock Looks Uggly After Q2 Miss

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HOKA and UGG Owner Deckers Brands (DECK) Delivers an All-Round FQ2 Miss, Analyst Lowers Numbers and Says Guidance Likely Conservative

October 29, 2021 6:34 AM EDT

Deckers Brands (NYSE: DECK) reported disappointing FQ2 results yesterday after the market close.

The company reported Q2 EPS of $3.66 to miss on the analyst estimate of $4.01. Revenue for the quarter came in at $721.9 million versus the consensus estimate of $765.91 million.

"Deckers robust first half growth when compared to both the prior year and two years ago, reflects the increasing global footprint of HOKA, and the UGG brand's evolution beyond women's footwear," said Dave Powers, President and Chief Executive Officer.... More