GOLETA, Calif. (AP) _ Deckers Outdoor Corp. (DECK) on Thursday reported a loss of $8 million in its fiscal first quarter.
The Goleta, California-based company said it had a loss of 28 cents per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of $1.11 per share.
The maker of Ugg footwear posted revenue of $283.2 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $264.5 million.
Deckers shares have climbed 27% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $214.15, a climb of 38% in the last 12 months.