Deckers: Fiscal Q4 Earnings Snapshot

May 19, 2022 GMT

GOLETA, Calif. (AP) _ Deckers Outdoor Corp. (DECK) on Thursday reported fiscal fourth-quarter net income of $68.8 million.

On a per-share basis, the Goleta, California-based company said it had net income of $2.51.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.35 per share.

The maker of Ugg footwear posted revenue of $736 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $644.2 million.

For the year, the company reported profit of $451.9 million, or $16.26 per share. Revenue was reported as $3.15 billion.

Deckers expects full-year earnings to be $17.40 to $18.25 per share, with revenue in the range of $3.45 billion to $3.5 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DECK at https://www.zacks.com/ap/DECK