Skip to main content

Deckers: Fiscal Q4 Earnings Snapshot

GOLETA, Calif. (AP) — GOLETA, Calif. (AP) — Deckers Outdoor Corp. (DECK) on Thursday reported fiscal fourth-quarter earnings of $145.7 million.

On a per-share basis, the Goleta, California-based company said it had net income of 96 cents.

The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 81 cents per share.

The maker of Ugg footwear posted revenue of $1.12 billion in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $1.08 billion.

For the year, the company reported profit of $1.04 billion, or $7.02 per share. Revenue was reported as $5.47 billion.

Deckers expects full-year earnings to be $7.30 to $7.45 per share, with revenue in the range of $5.86 billion to $5.91 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DECK at https://www.zacks.com/ap/DECK

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related Stories

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary