I'm predicting a colder than usual winter but the consumer is going to be tapped out. Under Obamacare rates are going up tremendously, especially for the young. As I've ponted out on here last week my 27 year old son's premiums are going from $66 a month to $254 per month, even after the tax credit. That's a premium increase which is more than his 2012 or 2013 federal income tax bill. Look at Obamacare like a tax, and it is a large one on some people, not so bad on others. It will change consumer spending and that will start when the first premiums are due in December reflecting this increase. Also, look at what coach said this morning about the consumer. Not shaping up to be a pretty picture for DECK.
oh please, cut it out. The whole point of the stock market is that some stocks are efficiently or overpriced for their future and some stocks aren't. Obamacare and its premium hike of 200 is not going to kill the consumer of this product.
Using logic like that is why people don;t hold on to good investments long enough to make serious money. Deckers potential comes from its growing internationally and domestically going foward and the forecast of double digit profit margins in 36-40 months.