Deckers Expects Modest Q3 Growth During DTC Sales Challenges
Deckers shares trade lower after second-quarter adjusted EPS of $2.31 beat estimates, while revenue rose 3.5% to $1.48 billion, missing forecasts.
Deckers made more money per share than expected, but total sales grew slowly and missed the goal. When a company's sales are weak, it hints the brand may be struggling to sell its products right now.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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