GOLETA, Calif. (AP) — GOLETA, Calif. (AP) — Deckers Outdoor Corp. (DECK) on Thursday reported fiscal third-quarter net income of $481.1 million.
On a per-share basis, the Goleta, California-based company said it had profit of $3.33.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.77 per share.
The maker of Ugg footwear posted revenue of $1.96 billion in the period, which also beat Street forecasts. Eight analysts surveyed by Zacks expected $1.88 billion.
Deckers expects full-year earnings to be $6.80 to $6.85 per share, with revenue in the range of $5.4 billion to $5.43 billion.
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