Retail Buys Can Be Found in This Market [View article]
DECK didn't report "blow out" numbers, it beat by a penny after estimates were lowered, come on.
And, please, their earnings have been driven in the past by very trendy boots that teens and young women bought as a fashion statement, that has a short shelf life in retail. They are up against Sketchers with weak branding and sales in Tevas this summer.
We are in a discretionary retail consumer slow-down. It's very unlikely DECK is going to get the fall orders it had in the past.
Retail Buys Can Be Found in This Market [View article]
And, please, their earnings have been driven in the past by very trendy boots that teens and young women bought as a fashion statement, that has a short shelf life in retail. They are up against Sketchers with weak branding and sales in Tevas this summer.
We are in a discretionary retail consumer slow-down. It's very unlikely DECK is going to get the fall orders it had in the past.