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Smashing quarter from Deckers

Feb. 01, 2018 4:34 PM ETDeckers Outdoor Corporation (DECK) StockBy: Clark Schultz, SA News Editor2 Comments
  • 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)

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