January 29, 2023
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Deckers loses $47.3 million in fiscal first quarter


Goleta-based Deckers on July 30 reported a loss of $47.3 million in its fiscal first quarter and a loss of $1.43 on a per-share basis.

Despite the per-share loss, the results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of $1.51 per share.

Deckers posted revenue of $213.8 million in the period, which fell short of Wall Street forecasts. Five analysts surveyed by Zacks estimated $217.2 million.