Deckers: Fiscal Q4 Earnings Snapshot
GOLETA, Calif. (AP) — GOLETA, Calif. (AP) — Deckers Outdoor Corp. (DECK) on Thursday reported fiscal fourth-quarter net income of $93 million.
The Goleta, California-based company said it had profit of $3.46 per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.61 per share.
The maker of Ugg footwear posted revenue of $791.6 million in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $703.6 million.
For the year, the company reported profit of $502.7 million, or $19.37 per share. Revenue was reported as $3.63 billion.
Deckers expects full-year earnings to be $21.10 to $21.60 per share, with revenue expected to be $3.95 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