Deckers Outdoor Corp (NYSE:DECK)

CAPS Rating: 4 out of 5

The Company is a designer, producer and brand manager of innovative, high-quality footwear and the category creator in the sport sandal, luxury sheepskin and sustainable footwear segments.


Player Avatar TMF1000 (99.71) Submitted: 8/19/2011 8:22:24 PM : Outperform Start Price: $74.69 DECK Score: -57.01

Deck was added to my caps at $74.69:

I believe this company will do really well as they begin to build their own retail stores. They ended 2010 with 27 company-owned stores and opened an additional 3 stores earlier this year. In the second half of this year, we plan to add 14 more locations, including 4 in China, 5 in Japan, 1 in the U.K. and the remaining 4 in North America, specifically Vancouver, Toronto, Boston and Santa Monica.

They reported a $0.19 loss for the quarter, but that was expected due to a new subsidiary model adopted by Decker. Next year, earnings growth should show some healthy growth. The markets downturn gives investors a chance to buy them much cheaper.

Summer has always been a weak period for Decker - Uggs being a winter shoe, but the new acquisition of Sanuk should help change this some. I like that too.

They are expected to make $4.79 this year which would give them a forward PE of about 16.

Member Avatar Mliaom (40.62) Submitted: 2/21/2012 4:39:46 PM
Recs: 0

Hi Tom,

PE at around 21. What are your expectations for DECK going forward. PE has expanded from mid teens. UGGs are not selling as well due to mild winter. Are you expecting another beat?


Featured Broker Partners