Deckers Outdoor Corporation (DECK, Financial) experienced a significant stock price increase of 5% recently. The stock is now trading at $164.64 per share, with a volume of approximately 794,444 shares traded and a turnover rate of 0.52%. The stock showed a price fluctuation of 3.41% during this period.
According to the latest financial report, Deckers Outdoor Corporation reported revenue of $825 million, a net profit of $116 million, and earnings per share of $0.76. The company has a gross profit of $452 million and a price-to-earnings ratio of 31.58.
In terms of institutional ratings, out of the 24 firms that rated the stock, 63% recommended a buy, 33% recommended holding, and 4% suggested selling.
Within the footwear and accessories industry, where Deckers Outdoor is categorized, the overall rise was 0.91%. In this sector, stocks like Forward Industries and Designer Brands Inc. also saw notable gains. Forward Industries showed high activity with a turnover rate of 1563.05%, while American Rebel Holdings, Inc. and the Wolverine Group were also active with turnover rates of 36.39% and 1.61%, respectively.
Deckers Outdoor Corporation designs and sells casual and performance footwear, apparel, and accessories. The company's main brands include UGG, Teva, and Sanuk. It primarily distributes its products through wholesale channels and operates direct-to-consumer businesses via its retail stores and website. While most sales occur in the United States, Deckers also has retail stores and distributors in Europe, Asia, Canada, and Latin America. The company is structured around six reporting segments, focusing on specific brand wholesale operations and a direct-to-consumer (DTC) segment.
