Multiple financial reports indicate a strong performance for Deckers Outdoor Corp (DECK) which resulted in a surge in the company's shares. Their FY 2024 and Q4 quarterly earnings surpassed expectations driven by strong demand for HOKA and UGG brands. Various financial institutions including Franklin Resources Inc, Corient Private Wealth LLC, and Private Advisor Group LLC increased their holdings in the company. Several research companies also raised the DECK target price, with the highest being $1,265.00 by UBS Group. The company's success has been attributed to its sturdy fundamentals, strategic initiatives, strong financials and significant market guidance. DECK also issued their FY 2025 earnings guidance. The company's stock has been outpacing its peers in the retail-wholesale sector, making it a preferred choice for investors.
Deckers Outdoor Corp DECK News Analytics from Fri, 02 Feb 2024 08:00:00 GMT to Sun, 26 May 2024 19:00:34 GMT -
Rating 8
- Innovation 2
- Information 9
- Rumor -7
