Disclosed on May 29, Thomas Garcia, Chief Administrative Officer at Deckers Outdoor (NYSE:DECK), executed a substantial insider sell as per the latest SEC filing.
What Happened: Garcia opted to sell 4,000 shares of Deckers Outdoor, according to a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The transaction's total worth stands at $4,299,440.
Tracking the Thursday's morning session, Deckers Outdoor shares are trading at $1064.92, showing a down of 0.0%.
About Deckers Outdoor
Deckers Outdoor Corp designs and sells casual and performance footwear, apparel, and accessories. Primary brands include UGG, Teva, and Sanuk. The company distributes Majority of its products through its wholesale business, but it also has a substantial direct-to-consumer business with its company-owned retail stores and websites. Majority of its sales are in the United States, although the company also has retail stores and distributors throughout Europe, Asia, Canada, and Latin America. It has structured their reporting around six segments which inlcudes the wholesale operations of specific brands like UGG, HOKA, Teva, Sanuk, and Other brands, alongside a segment focused on direct-to-consumer (DTC) operations.
Breaking Down Deckers Outdoor's Financial Performance
Revenue Growth: Over the 3 months period, Deckers Outdoor showcased positive performance, achieving a revenue growth rate of 21.25% as of ...