Deckers (DECK) shares jump after beat-and-raise quarter

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Deckers Brands (DECK) Announces CEO Succession

February 1, 2024 4:10 PM EST

Deckers Brands (NYSE: DECK), a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories, today announced that Dave Powers has decided to retire as President and Chief Executive Officer, effective August 1, 2024. Powers is expected to continue serving as a member of the Company's Board of Directors (the "Board") through the 2025 Annual Meeting of Stockholders. Stefano Caroti, the Company's Chief Commercial Officer, will be appointed President and Chief Executive Officer, effective upon Powers' retirement. His appointment follows a thorough succession... More

Deckers Brands (DECK) Tops Q3 EPS by 371c; raises guidance

February 1, 2024 4:08 PM EST

Deckers Brands (NYSE: DECK) reported Q3 EPS of $15.11, $3.71 better than the analyst estimate of $11.40. Revenue for the quarter came in at $1.56 billion versus the consensus estimate of $1.44 billion.

GUIDANCE:

Deckers Brands sees FY2024 EPS of $26.25-$26.50, versus the consensus of $24.25.... More