24.05.2024 15:14:54 - dpa-AFX: Deckers Rises On Upbeat Q4 Results, Outlook

WASHINGTON (dpa-AFX) - Shares of Deckers Outdoor Corporation (DECK) were
rising more than 12 percent in pre-market on Friday to $1,020.00, after
reporting upbeat fourth-quarter results. The company also said it expects 10
percent growth in its full-year sales.

Net income for the fourth quarter increased to $127.55 million or $4.95 per
share from $91.79 million or $3.46 per share in the same quarter a year ago.
Analysts on average polled by Thomson-Reuters expected earnings of $2.89 per
share for the quarter.

Net sales for the quarter increased to $959.76 million from $791.57 million in
the same quarter a year ago.

Foe the full year, the company expects net sales to increase about 10 percent to
$4.7 billion.

Deckers shares had closed at $904.65, up 1.31 percent on Thursday. The stock has
traded in the range of $424.36 - $956.17 in the last 1 year.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
DECKERS OUTDOOR DL-,01 894298 Frankfurt 925,200 28.06.24 12:47:15 -6,200 -0,67% 0,000 0,000 930,600 925,200

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