Added to YB: 2024-03-01
Pitch date: 2024-02-07
DECK [bullish]
Deckers Outdoor Corporation
-27.43%
current return
Author Info
No bio for this author
Company Info
Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally.
Market Cap
$12.1B
Pitch Price
$139.42
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.69
P/E
12.27
EV/Sales
2.10
Sector
Textiles, Apparel and Luxury Goods
Category
growth
FPA Queens Road Small Cap Value Fund Portfolio Holding: Deckers Outdoor Corporation
$DECK: UGG, Hoka owner thriving under stellar mgmt; Hoka hit $1B sales. 30x P/E justified by brand power & balance sheet. Bought in 2015-16 amid supply issues, 10x return since. Trimming on strength but valuation still fair given financials & growth trajectory.
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