Thursday, March 1, 2012

The maker of your well-liked UGG boots posted

the situation Friday following Deckers Outdoor's (NAS: DECK) fourth-quarter outcomes UGGs Bailey Button and fiscal 2012 forecast, which can be described only as UGG-ly!



The maker of your well-liked UGG boots posted a 40% rise in the two product sales and profits. Its dominant UGG brand grew sales by 38%, while its Teva brand noticed revenue rise by 46%. International revenue UGGs Bailey Button Sale provided the biggest enhance, increasing by 82%. These results really squeaked by Wall Street's expectations. It was the company's 2012 advice that ripped the soles suitable out from investors' feet.



Within the upcoming year, Deckers anticipates that a mixture of rising sheepskin costs and increased expenses associated with opening new retailers will have an effect on its bottom line. While in the first quarter, Deckers anticipates EPS of $0.25 and full-year EPS UGG Bailey Button Black of $5.07. Both fall well brief of the $0.63 and $5.82, respectively, that analysts had expected.



Despite the 13% haircut last week, there are still three visible reasons I see to prevent the stock.

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