Seeking Alpha
  • Bill Maurer
    looks like DECK missed huge on revs, but might have beat eps. Guidance taken down a lot. revs 5% growth this year, -35% for eps.
    10/25/12
    Reply (21)
    • Bill Maurer: correction, -33% for eps. but 4th quarter absolutely destroyed.
      10/25/12
    • John Rayhall: Below 30 in the cards?
      10/25/12
    • Bill Maurer: 25 might be in trouble. guided to just 5% revenue growth this year, previous guidance was 14%.
      10/25/12
    • Bill Maurer: earnings guidance taken down from -9% to -33%.
      10/25/12
    • FortSumter: If they promise to stopmaking Uggs, I will buy the stock. Hate those things.
      10/25/12
    • John Rayhall: Lol but they're all about the Uggs that's what made them a high flying stock no? I agrre unless you're a really hot chick wearing them
      10/25/12
    • John Rayhall: they're pretty ugly. 25? That would be something buy at 25?
      10/25/12
    • Hillbilly Stock Star: Chicks here wear'em.
      10/25/12
    • Bill Maurer: mid-summer, they raised prices. they said that pushed back the start of people buying them. then they cut prices. guidance was terrible.
      10/25/12
    • Bill Maurer: this stock was low, but it has now warned 4 straight times, it can go lower if it warns again next quarter.
      10/25/12
    • John Rayhall: DECK is basically a disaster is what you're saying and to stay away got it.
      10/25/12
    • Bill Maurer: been saying that since last december, except for two times when I said it would bounce a little. it did, then I said short again.
      10/25/12
    • John Rayhall: I read your articles and it helped me not to buy but I wish I had shorted for sure. I mean I knew it would selloff but never thought
      10/25/12
    • John Rayhall: it would get under 30 again.
      10/25/12
    • J Mintzmyer: Even with a 35% drop on EPS, 25 would be a TTM P/E of about 5-6 no? Seems like a great buy if you think Uggs can stay profitable...
      10/25/12
    • Bill Maurer: But 6 times for a company who is posting 5% revenue growth and 35% plunge in earnings. This is more than just a bad year. 4 straight warns.
      10/25/12
    • Bill Maurer: And that is at $25, we're still at $30.
      10/25/12
    • J Mintzmyer: Commodity costs & trying to expand too fast killing em. I didn't start watching DECK until $50, but curious now. Similar story at COH?
      10/25/12
    • Bill Maurer: I don't follow COH, really just DECK, LULU, sometimes UA.
      10/25/12
    • J Mintzmyer: UA looks very expensive- and LULU even more. Honestly, idk much about the latter. Coach (purse) similar to DECK - can't mass expand luxury.
      10/25/12
    • John Rayhall: If you like COH I would go with KORS instead I've been holding it since the IPO I think in 2 years it will be at 90-100.
      10/26/12