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Deckers stock surges 10% after crushing analyst estimates [Yahoo! Finance]
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Last ross stores, inc. earnings: 3/3 04:01 pm
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US:NASDAQ Investor Relations: investors.rossstores.com
The company announced an FQ4 adjusted EPS of $4.95, eclipsing the analyst estimate of $2.90 by a significant margin. Revenue for the quarter also outperformed expectations, coming in at $959.8 million against the consensus estimate of $885.04 million. The impressive quarterly performance was driven by a 21.2% increase in net sales compared to the same period last year, with the HOKA brand experiencing a notable 34.0% surge in sales. The UGG brand also saw a healthy 14.9% increase, contributing to the company's overall growth. Deckers' President and CEO, Dave Powers, attributed the record results to the company's commitment to profitability and the strong position of its brands in the market. "Our talented teams are highly motivated to continue driving towards the long-term opportunities of these iconic brands," said Powers. Looking ahead, Deckers provided a positive outlook for the full fiscal year 2025, projecting revenue growth of approximately 10% to $4.7 billion, which is s
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- Ross Stores, Inc. (NASDAQ: ROST) had its "market perform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $160.00 price target on the stock.[MarketBeat]
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- 6/12/24 - Form 10-Q
- 6/5/24 - Form 4
- 6/4/24 - Form 4
- ROST's page on the SEC website
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