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DECK-DECKERS OUTDOOR CORP

Deckers Outdoor Corporation Projected for Strong Growth with 13.6% Sales Increase and 12.6% Earnings Rise in Current Fiscal Year

Wednesday

20 November, 2024

Deckers Outdoor Corporation is set for a remarkable fiscal year, with projected sales and earnings growth of 13.6% and 12.6%, respectively. As the retail landscape evolves, can this niche player maintain its momentum against larger competitors?

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Key Takeaways
  • Deckers Outdoor is rated as a strong buy, indicating high investor confidence.
  • Projected sales and earnings growth for the fiscal year is notable at 13.6% and 12.6%, respectively.
  • The company has consistently exceeded earnings expectations, with an average surprise of 41.1% recently.
  • Its specialization in niche footwear and outdoor products gives it a competitive edge.
  • Deckers Outdoor is poised for success as the retail sector recovers in 2024.
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