- Deckers Brands (NYSE:DECK) obliterates consensus estimates with its FQ3 report.
- Sales were up 6.3% on a constant currency basis. UGG brand sales rose only 4.3% despite the cold winter and Teva sales were up 33%.
- Gross margin improved 170 bps to 52.2% of sales.
- The company says it intends to repatriate $250M by the end of the fiscal year.
- DECK +7.61% AH to $93.90.
- Previously: Deckers Outdoor beats by $1.15, beats on revenue (Feb. 1)
Smashing quarter from Deckers
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Symbol | Last Price | % Chg |
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DECK | - | - |
Deckers Outdoor Corporation |