Deckers Outdoor Fiscal Q1 Earnings, Sales Increase; Fiscal 2025 Earnings Outlook Raised-February 2024-www.financetom.com

Deckers Outdoor Fiscal Q1 Earnings, Sales Increase; Fiscal 2025 Earnings Outlook Raised

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Deckers Outdoor Fiscal Q1 Earnings, Sales Increase; Fiscal 2025 Earnings Outlook Raised

Jul 25, 2024 1:59 PM

04:34 PM EDT, 07/25/2024 (MT Newswires) -- Deckers Outdoor ( DECK ) reported fiscal Q1 earnings late Thursday of $4.52 per diluted share, up from $2.41 a year earlier.

Analysts polled by Capital IQ expected $3.51.

Net sales for the quarter ended June 30 were $825.3 million, up from $675.8 million a year earlier.

Analysts polled by Capital IQ expected $806.2 million.

The company said it expects fiscal year 2025 diluted EPS of $29.75 to $30.65, compared with its previous guidance of $29.50 to $30. Analysts polled by Capital IQ expect $31.21. The company still expects net sales for the year of $4.7 billion. Analysts polled by Capital IQ expect $4.8 billion.

Shares of the company rose 8.2% in recent after-hours activity.

Price: 910.20, Change: +68.70, Percent Change: +8.16

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