Deckers' Gloomy Outlook Overshadows Solid Results
Deckers Outdoor (NYSE: DECK) has had to deal with terrible conditions in the retail industry lately, and many investors have grown impatient with the company's efforts to turn itself around. Activist institutional investors have looked at Deckers as a potential candidate for a sale, but so far, that pressure hasn't resulted in any major change to the shoemaker's overall strategy for growth.
Coming into Thursday's fiscal first-quarter financial report, Deckers investors were prepared for a seasonally typical net loss and relatively sedate sales gains. What they got was a narrower loss than expected and a huge boost in revenue, but the company fully expects that it will pay the price with weaker results in the current quarter, and that dampened the mood among shareholders. Let's take a closer look at Deckers and whether it can pull itself out of a difficult situation.
Image source: Deckers Outdoor.
Source: Fool.com
Deckers Outdoor Aktie
Absolute Beliebtheit: Deckers Outdoor hat nur Buy-Einschätzungen.
Das Kursziel von 932 €, festgelegt von der Community für Deckers Outdoor, zeigt ein Potenzial von 552.66%, was einer Verdopplung des aktuellen Kurses entspricht.
