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.
Deckers Walks All Over Analyst Estimates [View article]
Sorry, but, DECK is another CROX waiting to get wamped and you are perpetrating the same hype that was spun with CROX.
Sales have been driven by teens and 20 something fashionistas who can turn on a dime when the fad is over. Teva won't cut it for them. They have stiff competition from Skechers, etc.
We are in a consumer recession, multiple pairs of pricey boots bought by young fashionistas are not going to repeat this fall, count on it. I don't see a 30% growth rate in their future.
Starbucks Cools Off - Fast Money Recap (4/24/08) [View article]
Just how is DECK, a maker of seasonal fad boots, going to sustain it's profits in this consumer recession going forward? They conceded that their Teva brand for summer isn't doing as well as expected.
Their very small float is easily manipulated and keeps the share price aloft for now.
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.
Deckers Walks All Over Analyst Estimates [View article]
Sales have been driven by teens and 20 something fashionistas who can turn on a dime when the fad is over. Teva won't cut it for them. They have stiff competition from Skechers, etc.
We are in a consumer recession, multiple pairs of pricey boots bought by young fashionistas are not going to repeat this fall, count on it. I don't see a 30% growth rate in their future.
Deckers is no Nike.
Starbucks Cools Off - Fast Money Recap (4/24/08) [View article]
Their very small float is easily manipulated and keeps the share price aloft for now.