Deckers Brands Raises Annual Diluted EPS Guidance
DECK Deckers Outdoor Corp
$85.49 -2.15%
View chart & analysis → - 1Deckers Brands raised its annual diluted earnings per share (EPS) guidance range to $7.35-$7.50.
- 2Sam Forges projected there would be few surprises during the second-quarter earnings release on Thursday.
- 3Kelly Crago of BMO assigned an 'Underperform' rating to Deckers, citing the maturation of Hoka's US market opportunities and growth deceleration.
So what's the key point?
Deckers Brands increased its expected earnings per share to over $7.35. However, one expert believes the stock may underperform due to concerns that Hoka's growth in the US market is slowing down.
Source Footwear News · View original ↗
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