Deckers Outdoor Corporation DECK Instablog
Deckers comes out ahead in comparisons with competitors by EV/EBIT, EV/EBITDA, and revenue growth metrics.
Falling sheepskin prices, inversely correlated to rising lamb prices, should continue to be accretive to earnings and provide a natural hedge for Euro/Pound sales exposure.
19% short interest in a highly profitable business growing at a 24% clip is an extra bonus that should further bolster demand for shares in the coming months.
Q2 results reflect the leverage of the brand portfolio to the current retail and economic environment. during November, according to yesterday's CPI report. The drop followed a 0.2% slide Classic Tall UGG Boots Clearance in apparel prices for October. Retail analysts note that a higher mix uggs womens bailey button of e commerce sales and the lingering promotional haze threaten margin expansion in the classic tall ugg boots for women sector, despite overall tighter inventory control. Apparel stocks: KATE, ANN, LULU, PVH, VNCE, CRI, UA, HBI, VFC, COLM, GIL, SQBG, JCP, KSS, DDS, M, JWN, RL, ARO, AEO, ANF, WTSL, TLYS, CACH, ZUMZ, PSUN, EXPR, BKE, KORS, UA, GIII, SQBG, HBI, SKX, FL, VRA, ICON, NKE, WWW, DECK, CROX, SHOO, BWS, PERY, DXLG, SHLD, BONT, GPS, GES, URBN.
Millennials a tough nut to crack in retail
Shares of Destination Maternity (DEST 7.8%) slide after the company misses earnings estimates. A frank assessment from the company on a misfire with its assortment to millennial aged moms to be strikes a bit of a chord across the apparel and department store sector. Many of the earnings hits and misses this quarter have been tied uggs womens bailey button to on trend or off trend assortments. A millennial group which is hard to nail down is becoming a bigger part of that puzzle. Apparel stocks: KATE, ANN, LULU, RL, PVH, VNCE, CRI, UA, HBI, VFC, COLM, KORS, GIL, SQBG, JCP, KSS, DDS, M, JWN, RL, ARO, AEO, ANF, WTSL, TLYS, CACH, ZUMZ, PSUN, EXPR, BKE, KORS, UA, GIII, SQBG, HBI, SKX, FL, VRA, ICON, NKE, WWW, DECK, CROX, SHOO, BWS, PERY, DXLG, SHLD, BONT, GPS, GES, URBN, TJX.
West Coast ports slowdown a concern in retail
Apparel seller Ann issued a warning today on the impact of labor ugg bailey button 5803 grey boots uncertainty at West Coast ports as part of its Q4 guidance. The retailer expects $8M in extra air freight costs due to product shipment delays. Apparel and footwear stocks: SKX, FL, VRA, ICON, NKE, WWW, DECK, CROX, SHOO, BWS, KATE, ANN, PERY, LULU, RL, PVH, VNCE, CRI, UA, HBI, VFC, COLM, KORS, GIL, SQBG, JCP, KSS, DDS, M, JWN, RL.