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DECK-DECKERS OUTDOOR CORP

Deckers Outdoor Earns 'Strong Buy' Rating with Promising Growth Projections Amid Exceptional Earnings Surprises

Sunday

16 February, 2025

Deckers Outdoor is making headlines with a "Strong Buy" rating and impressive earnings surprises, showcasing a remarkable average of 36.8% over the past four quarters. As the company gears up for significant growth in fiscal 2024 and beyond, can it maintain its momentum in a challenging retail landscape?

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Key Takeaways
  • Deckers Outdoor is rated as a "Strong Buy" with a Zacks Rank of #1.
  • The company has achieved a notable average earnings surprise of 36.8%.
  • Sales are projected to grow by 15.3% and earnings by 20.6% in fiscal 2024.
  • Deckers demonstrates resilience in the footwear sector through innovation and effective management.
  • Its strong financial position suggests potential for long-term growth and success.
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