FMP
May 24, 2024 10:16 AM - Davit Kirakosyan
Deckers Brands (NYSE:DECK) reported a substantial earnings beat for its fourth fiscal quarter, sending its shares up by nearly 9% in pre-market today. The company announced an adjusted EPS of $4.95 for the quarter, significantly higher than the analyst estimate of $2.90. Revenue also outperformed expectations, reaching $959.8 million compared to the Street estimate of $885.04 million.
This strong quarterly performance was driven by a 21.2% increase in net sales year-over-year, with the HOKA brand experiencing a 34.0% surge in sales. The UGG brand also contributed to the overall growth with a 14.9% increase in sales.
Deckers' President and CEO, Dave Powers, attributed the record results to the company's commitment to profitability and the strong market position of its brands. He emphasized the motivation of their talented teams to pursue long-term opportunities for these iconic brands.
Looking ahead, Deckers provided a positive outlook for the fiscal 2025, projecting revenue growth of approximately 10% to $4.7 billion, slightly above the analyst consensus of $4.69 billion. The company expects an adjusted EPS in the range of $29.50 to $30.00, reflecting continued confidence in its operational performance.
CFO Steve Fasching highlighted the consistent double-digit revenue growth over the past four years and a more than threefold increase in earnings per share, underscoring the strong demand for Deckers' brands and the effectiveness of its operating model.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...