Workflow
Here's What Key Metrics Tell Us About Deckers (DECK) Q2 Earnings
DECKDeckers(DECK) ZACKS·2024-10-26 01:31

Core Insights - Deckers (DECK) reported revenue of 1.31billionforthequarterendedSeptember2024,markingayearoveryearincreaseof20.11.31 billion for the quarter ended September 2024, marking a year-over-year increase of 20.1% [1] - The earnings per share (EPS) for the same period was 1.59, compared to 1.14ayearago,reflectingasignificantgrowth[1]ThereportedrevenueexceededtheZacksConsensusEstimateof1.14 a year ago, reflecting a significant growth [1] - The reported revenue exceeded the Zacks Consensus Estimate of 1.2 billion by 9.58%, while the EPS also surpassed the consensus estimate of 1.22by30.331.22 by 30.33% [1] Financial Performance Metrics - UGG brand net sales totaled 628.71 million, showing a year-over-year increase of 13% [2] - HOKA brand net sales reached 516.65million,representingayearoveryeargrowthof34.7516.65 million, representing a year-over-year growth of 34.7% [2] - Other brands experienced a decline in net sales, totaling 31.08 million, which is a year-over-year decrease of 15.7% [2] - Sanuk brands saw a significant drop in net sales, with a year-over-year change of -48.2% [2] Stock Performance - Over the past month, Deckers' shares have returned -3.3%, contrasting with the Zacks S&P 500 composite's increase of 1.4% [2] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [2]