Sat, Jul 26, 2014, 10:06 AM EDT - U.S. Markets closed

Recent

% | $
Click the to save as a favorite.

Deckers Outdoor Corp. Message Board

  • uggs8788 uggs8788 Jan 29, 2014 10:24 AM Flag

    Perfecto

     

    Issues that plagued us now behind us.

    Issues:

    1. Sheepskin costs up 80% from 2010-2012. This issue has now been tackled and has recovered from sheepskin actually now being down 11% in 2013, and another 10% for 2014...so we will recoup that extra 20% back. Plus, UGG Pure being integrated more and more, 25% for this coming 2014 full year and management calling for a forecast of mid-double digit profit margins which might be higher as a result of lower sheepskin costs for 2 years now,.

    2. Warm weather for 2 consecutive years. The warmer weather plus the increase in sheepskin just double body slammed the company. Now we have one of the coldest winters we have seen in years, 3 degrees in chicago as I write this. Uggs are exploding off the shelves as this is our weather.

    3. Management has bought back shares and had 79.3M available this quarter to purchase shares, which they almost no doubtedly did or are doing as I write this.

    Bottom line, as Angel has stated, this is a stronger company than a few years ago and what doesn;t kill you makes you stronger. To infinity and beyond.

    Z

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
DECK
90.50+5.27(+6.18%)Jul 25 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.