Deckers: Fiscal Q4 Earnings Snapshot
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.