US2435371073 - Common Stock
Exploring DECKERS OUTDOOR CORP (NYSE:DECK)'s quality characteristics.
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DECKERS OUTDOOR CORP (NYSE:DECK)—Positioned as a High-Growth Stock, Ready for a Potential Breakout.
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Deckers Brands' momentum has shown no signs of slowing in 2024.
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Deckers' blowout growth continues.
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S&P 500 giant JPMorgan Chase has been hovering near a buy point since a Q3 beat.
The Hoka parent delivered another strong earnings report.
The major indexes were mixed for the week.
Shares of footwear and apparel conglomerate Deckers (NYSE:DECK) jumped 14.7% in the pre-market session after the company reported a "beat and raise" quarter. Third-quarter results blew past analysts' constant currency revenue expectations. Its revenue also outperformed Wall Street's estimates, benefiting from strong consumer demand for its HOKA and UGG brands. Moving on, the company also raised its full-year guidance for revenue and EPS, capping off a great quarter. Overall, it was an impressive quarter for the company. Skechers, a footwear peer, also reported strong results, suggesting consumer demand for athletic and casual footwear is holding up despite some mixed signals in spend in other categories.
In its first quarter reported after its 6-for-1 stock split, the footwear and apparel company once again left Wall Street's expectations in the dust.
Deckers Brand posted a Q2 beat with strong Hoka sales. DECK stock could rally above entry. Skechers primed to pop on results.