DECK Earnings Prediction
The chart below shows how DECK performed 10 days before and after its earnings report, based on data from the past quarters. Typically, DECK sees a -0.06% change in stock price 10 days leading up to the earnings, and a +5.34% change 10 days following the report. On the earnings day itself, the stock moves by +0.07%. This data can give you a slight idea of what to expect for the next quarter's release.
DECK Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.83B
17.10%
39.34%
Gross Margin
60.35%
2.74%
7.92%
Operating Margin
31.05%
-0.70%
33.43%
Net Margin
25.00%
0.04%
35.28%
EPS
3.00
19.05%
88.68%
No Data Available
DECK Earnings Analysis
Deckers Outdoor Corp Corporation (DECK.N) Earnings Conference Call
Positive
Record Revenue Growth: Revenue grew 17% year-over-year to $1.83 billion in Q3, marking the largest and most profitable quarter in Deckers' history.
Gross Margin Improvement: Gross margins improved to 60.3%, up 160 basis points from 58.7% in the prior year, driven by a favorable product mix and higher full-price selling.
Earnings Per Share Increase: Diluted earnings per share increased by 19% to $3, compared to $2.52 in the same quarter last year, reflecting strong profitability growth.
HOKA Revenue Surge: HOKA brand revenue surged 24% year-over-year to $531 million, with direct-to-consumer sales increasing by 27%, showcasing robust consumer demand.
Revenue Guidance Increase: The company raised its full-year revenue guidance to approximately $4.9 billion, equating to 15% growth, indicating strong performance expectations for the remainder of the fiscal year.
Negative
Quarterly Sales Challenges: UGG brand's current quarter is expected to face adverse comparison impacts due to strong performance in the previous year, limiting available inventory for Q4 sales.
Rising SG&A Expenses: SG&A expenses increased by 25% to $535 million, rising as a percentage of revenue to 29.3%, indicating higher costs that could pressure profitability going forward.
Currency Exchange Headwinds: The company anticipates a headwind from unfavorable foreign currency exchange rates in the upcoming quarter, which could negatively impact revenue and margins.
Margin Sustainability Concerns: Despite achieving a record gross margin of 60.3%, management cautioned that such high levels of full-price selling and low levels of wholesale closeouts are not sustainable, indicating potential margin compression in the future.
Koolaburra Brand Phase-Out: The Koolaburra brand is being phased out, which may lead to a loss of revenue and market presence as operations are wound down throughout 2025.
