2023-07-27 16:30:22 ET
- Deckers Outdoor press release ( NYSE: DECK ): Q1 GAAP EPS of $2.41 beats by $0.20 .
- Revenue of $675.79M (+10.0% Y/Y) beats by $8.87M .
- Gross margin was 51.3% compared to 48.0%.
- Operating income was $70.7 million compared to $56.3 million.
- 2024 Outlook: Net sales are now expected to be approximately $3.980 billion.
- Gross margin is still expected to be approximately 52%.
- SG&A expenses as a percentage of sales are still projected to be approximately 34%.
- Operating margin is still expected to be approximately 18%.
- Effective tax rate is still expected to be approximately 22% to 23%.
- Diluted earnings per share is now expected to be in the range of $21.75 to $22.25.
- The earnings per share guidance does not assume any impact from potential future share repurchases.
- Shares +0.18% .
For further details see:
Deckers Outdoor GAAP EPS of $2.41 beats by $0.20, revenue of $675.79M beats by $8.87M