Deckers Outdoor Corp Reports Strong Q3 Earnings Growth

Deckers Outdoor Corp reveals impressive third-quarter results, with earnings and revenue surpassing last year's figures. The earnings per share of $3.00 exceeded expectations, indicating strong performance.

Date: 31-01-2025

AI Rating: 8

Earnings Per Share (EPS): Deckers Outdoor Corp reported an EPS of $3.00 for the third quarter, which is an increase from $2.52 in the same period last year. This performance not only shows a significant growth in profitability but also beats the analysts' expectations of $2.61 per share.

Revenue Growth: The company's revenue rose by 17.1%, reaching $1.827 billion compared to $1.560 billion a year ago. This substantial increase highlights strong demand for the company's products and effective sales strategies.

Net Income: The net income for Deckers has also increased to $456.7 million from $389.9 million in the prior year, showcasing the company's enhanced financial performance.

Stocks: DECK