Positive forecast for Decker
Full year sales heading in the right direction
Analysts expect Teva and Ugg owner Deckers Outdoor to report $377.25 million in sales for the current quarter.
Four analysts have issued estimates for Deckers Outdoor’s earnings, with the lowest sales estimate coming in at $373.3m and the highest estimate coming in at $382.3m. The firm reported sales of $369.47 million in the same quarter last year, growth of 2.1 per cent. The company is scheduled to report its next quarterly earnings results on Thursday, 24th May.
The firm is expected to report full-year sales of $377.25 million for the current fiscal year. For the next fiscal year, analysts expect that the company will post sales of $1.93 billion per share, with estimates ranging from $1.91 billion to $1.94 billion.