Deckers Outdoor shares are trading higher after the company reported a year-over-year increase in Q2 EPS results and better-than-expected Q2 sales results. The company also raised FY24 EPS and net sales guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Deckers Outdoor reported a year-over-year increase in Q2 EPS results and better-than-expected Q2 sales results. The company also raised FY24 EPS and net sales guidance above estimates, leading to a rise in its share price.
October 27, 2023 | 12:14 pm
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Deckers Outdoor's better-than-expected Q2 results and raised FY24 guidance have led to a rise in its share price.
Deckers Outdoor reported better-than-expected Q2 results and raised its FY24 guidance, which is a positive signal to investors. This has led to an increase in its share price, indicating a positive short-term impact on the stock.
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