Deckers (DECK) reported $1.83 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 17.1%. EPS of $3.00 for the same period compares to $2.52 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.71 billion, representing a surprise of +6.70%. The company delivered an EPS surprise of +15.38%, with the consensus EPS estimate being $2.60.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Deckers performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net sales by location- International: $657.90 million versus $543.46 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +28.5% change.
- Net sales by location- Domestic: $1.17 billion versus the two-analyst average estimate of $1.11 billion. The reported number represents a year-over-year change of +11.6%.
- Net sales by brand and channel- HOKA brand- Total: $530.90 million compared to the $516.30 million average estimate based on five analysts. The reported number represents a change of +23.7% year over year.
- Net sales by brand and channel- Other brands- Total: $28 million compared to the $29.80 million average estimate based on five analysts. The reported number represents a change of -5.4% year over year.
- Net sales by brand and channel- UGG brand- Total: $1.24 billion versus $1.13 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +16% change.
- Net sales by brand and channel- Teva brands- Total: $24.10 million compared to the $24.89 million average estimate based on five analysts. The reported number represents a change of -5.9% year over year.
Shares of Deckers have returned +7.8% over the past month versus the Zacks S&P 500 composite's +1.2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
