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Deckers Outdoor Fiscal Q2 EPS, Net Sales Increase; Shares Rise After Hours
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Deckers Outdoor Fiscal Q2 EPS, Net Sales Increase; Shares Rise After Hours
Nov 3, 2024 11:06 AM

04:39 PM EDT, 10/24/2024 (MT Newswires) -- Deckers Outdoor ( DECK ) reported fiscal Q2 earnings Thursday of $1.59 per diluted share, up from $1.14 a year earlier.

Analysts polled by Capital IQ expected $1.24.

Net sales for the quarter ended Sept. 30 were $1.31 billion, up from $1.09 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.20 billion.

The company said it expects fiscal 2025 diluted EPS between $5.15 and $5.25 and net sales to increase about 12% to $4.8 billion.

The previous guidance was for net sales to increase about 10% to $4.7 billion.

Analysts polled by Capital IQ expect $5.35 and $4.82 billion.

The company's shares were rising past 10% in recent after-hours trading.

Price: 168.45, Change: +16.41, Percent Change: +10.79

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