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Thursday, April 26, 2012

Earning Alert -Deckers Outdoor (DECK): Q1 EPS of $0.20 misses by $0.05- 4/26/12

Deckers Outdoor (DECK): Q1 EPS of $0.20 misses by $0.05. Revenue of $246.3M (+20.2% Y/Y) in-line.

UGG! Deckers (DECK) -16.1% AH after the maker of UGG boots misses earnings expectations and cuts full-year guidance. Earnings likely will decline 9%-10% this year, the company says, vs. prior guidance for flat earnings, "due primarily to an increase in cost of goods sold and a higher level of closeout sales

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