Good to hear from you! Not much happening on this board anymore. I agree, product is good, demand is good. Hope they hit it out of the ballpark this quarter and next quarter as I would love to see the shorts in this stock get burned! Absolutely NO reason that it is hovering around $50!
hey brother, living life, working, traveling. LOVE this brand, company not so much in how it is being run. Angel Martinez needs to go ASAP...he is not nearly aggressive enough in promoting the brand the last few years nor in buying back stock at multi-year lows. Such a shame. His only saving grace is his lack of insider sales. Man is holding on ot his shares and with good reason.
UGG brand is still as big as ever. Stock should have good years ahead of it especially at this valuation. Just a matter of time.
Haven't heard from you for awhile. What are your thoughts? Are you still following this stock?
Last conference call I thought was quite positive. Looks like future product costs are in check and distribution channels have been established. Looks like the best years for this company are ahead! Enjoy the ride.
Sentiment: Strong Buy
Yes they beat last quarter and are still fading. Management should be able to do better then they are doing which is driving the stock price down. Are you saying if management issued a dividend instead of buying back shares that there wouldn't be less shorts? Yes I do believe management should be able to forecast exchange rates and hedge cost of goods (i.e. sheepskins, etc.) what do you think they are paid for? There is a lot more management should have done over the last few years not the last quarter. I posted before I thought the stock price was near bottom and I do believe the share price will rise but I also believe Management should be held accountable for the current performance instead of getting raises, bonus and options. Maybe you are part of the management team and don't understand your position.
Bwahahahaha.......what in the hell do you know about running a shoe company or ANY company for that matter? DECK was one of the few companies that actually outperformed in the last quarter in a very tough market. Management cannot control exchange rates or weather patterns even though half the clowns on this board think that management should be able to do so. The company is forecasted to produce $5/share in earnings with the currency FX market wind blowing in their face. Virtually all of the retailers are getting hammered after a weak calendar third quarter. Relax.....at 8x forward EPS the share price is poised for an upswing soon.
I can't agree with you more. I think management thinks they are doing a great job. I don't see them turning down raises, bonuses or option while shareholders get screwed. These guys suck.
How is it that this company has such a hard time being successful? Not splitting the atom here kids, you're selling shoes. I get that retail is out of favor but this is ridiculous. Other shoe retailers double, triple and even quadruple and DECK gets more than cut in half. Time for some new blood in the corner office.
Look at the chart !!!!! smart $$$ took profit and left you with out shoes !!!!
Management needs to wake up or this will see mid high 30's
In 2011 the stock price was $80 where is it now? Why are the shorts in control because management buys back stock instead of paying a dividend. How is the buy back working I believe the avg cost on the CC was 67+ maybe 69 where is the stock price now - that buyback is really helping. I expect results not excuses - who is profiting Management - I believe they continue to get raises, bonuses and options while under performing. Next excuse will be warm weather, valuation of dollar, etc. You should open your eyes and look at how management has performed over the years not 1 qtr. GLTL
Pull your head out.....management has nothing to do with sell-off. Fools always get washed out. Look at all the high end retailers that missed earnings yet DECK beat. It is trading at 10x trailing. Once all the shorts have covered the stock will stabilize and then run. DECK is omnichannel now. Wake up....
Who is management holding accountable for continued mismanagement. Stock price continues to fall - what is being done - probably issuing more raises, bonuses and options for sub-par performance.
He posted this question in an attempt to ridicule any longs since Macy's had very disappointing numbers yesterday and the stock price plummeted. A 5 second search on macy's website show that they only sell knock off brands.
In Retail Stores
Do Macy's sell uggs?
No, but they do sell Emu boots which are like UGGs. But if you really want UGGs, I am definite they have them at Bloomingdale's. If you have no luck, your last option would be… (MORE)
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