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.

Recs

1
Player Avatar jwray01 (99.81) Submitted: 11/21/2012 11:48:15 AM : Outperform Start Price: $33.44 DECK Score: +45.54

value screen

Member Avatar AnonymousGroup (< 20) Submitted: 12/27/2012 12:51:13 PM
Recs: 0

According to SEC filings, Carl Icahn has amassed an 11.3 percent stake in the boot maker Deckers Outdoor Corporation (DECK). Icahn hinted that he may initiate communication with DECK’s management team but he did not provide details of his intent. Industry analysts believe Icahn may try to force a sale of the company to a large company like VF Corporation (VFC), which acquired Timberland last year for $2 billion.

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