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DECK-DECKERS OUTDOOR CORP

Deckers Outdoor Stock Gains Attention as It Enters Buy Range Following Strong Earnings and Market Momentum

Monday

18 November, 2024

Deckers Outdoor is capturing investor interest with a strong earnings report, showcasing a remarkable 39% increase in EPS and a 20% rise in revenue. As it enters the holiday season with a solid growth trajectory, can this resilient brand maintain its momentum in a challenging retail landscape?

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Article Impact Score

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Key Takeaways
  • Deckers Outdoor has surpassed a significant buy point, indicating strong investment potential.
  • The company experienced substantial earnings and revenue growth in Q2, exceeding forecasts.
  • Analysts expect ongoing growth, projecting a 14% increase in earnings and revenue year-over-year.
  • Institutional confidence is reflected in Deckers being named a top pick for the upcoming holiday season.
  • With high Composite and EPS Ratings, Deckers is well-positioned in the retail market.
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