FMP
Jul 26, 2024 9:41 AM - Davit Kirakosyan
Deckers Outdoor Corporation (NYSE:DECK) raised its guidance after reporting better-than-expected results for the first quarter, driven by strong demand for its Hoka and Ugg brands. Following the announcement, the company's shares jumped 11% in pre-market today.
For the quarter, Deckers reported earnings per share of $4.52 on revenue of $825 million, surpassing Wall Street's estimates of $3.43 per share on revenue of $805.1 million.
The company highlighted that the Hoka and Ugg brands continued to drive significant full-price demand in the global market, contributing to increased margins. The gross margin improved to 56.9%, up from 51.3% in the same period last year.
Looking forward, Deckers raised its fiscal 2025 earnings guidance to a range of $29.75 to $30.65 per share, up from the previous range of $29.50 to $30.00 per share.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...