Deckers(DECK) ZACKS·2024-12-30 14:16Core Insights - Deckers Outdoor Corporation (DECK) is experiencing strong upward momentum, trading above its 50 and 200-day simple moving averages, indicating price stability and long-term bullish trends [1][2]. Stock Performance - DECK closed at 184.79 and 200-day SMA of 214.70, achieved on December 20, 2024, with a 33.1% increase in the past three months compared to the Zacks Retail-Apparel and Shoes industry's 13.2% growth [5][6]. Operational Efficiency and Growth - Deckers has enhanced operational efficiency and growth initiatives, outperforming the broader Retail-Wholesale sector and the S&P 500 index, which grew by 7.2% and 5.2% respectively during the same period [6]. Brand Performance - The company's core brands, UGG and HOKA, are central to its success, with HOKA projected to become a multi-billion-dollar brand. In Q2 of fiscal 2025, HOKA sales increased by 34.7%, while UGG saw a 13% growth [9][10]. - Year-over-year increases in net sales for HOKA and UGG are anticipated at 24% and 5.4% respectively for fiscal 2025 [10]. Direct-to-Consumer (DTC) Business - The DTC business contributed significantly, with net sales rising 19.9% to 913.7 million, driven by strong performances from HOKA and UGG, with wholesale revenues rising 33% and 14% respectively [12][13]. International Expansion - International sales jumped 33% year over year, supported by strategic investments in new stores and retail locations, with expected revenue growth of 15.5% in fiscal 2025 [14][15]. Financial Outlook - Total revenues for fiscal 2025 are projected at 5.15-4.86 in the prior year [17]. Analyst Sentiment - Analysts have positively revised the Zacks Consensus Estimate for EPS, with current fiscal year estimates increased by one penny to 6.22 per share [18][19].