Citi Starts Deckers Outdoor (DECK) at Neutral
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Deckers Brands (DECK) jumps as HOKA and UGG drive 'exceptional performance' in Q3
February 2, 2024 7:56 AM ESTDeckers Brands (NYSE: DECK) shares jumped over 10% Friday after its quarterly earnings release topped top and bottom-line consensus estimates.
The company reported Q3 EPS of $15.11, $3.71 better than the analyst estimate of $11.40, while revenue for the quarter came in at $1.56 billion, up 16% year-on-year and above the consensus estimate of $1.44 billion.
The company's profit and revenue in the quarter both reached record levels.
The company's domestic net sales increased 15.6%, while international net sales increased 16.7%.
"Our brands delivered Deckers'... More
