GOLETA, Calif. (AP) — GOLETA, Calif. (AP) — Deckers Outdoor Corp. (DECK) on Thursday reported fiscal second-quarter earnings of $242.3 million.
The Goleta, California-based company said it had profit of $1.59 per share.
The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share.
The maker of Ugg footwear posted revenue of $1.31 billion in the period, also exceeding Street forecasts. Nine analysts surveyed by Zacks expected $1.2 billion.
Deckers expects full-year earnings to be $5.15 to $5.25 per share, with revenue expected to be $4.8 billion.
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