Edition:
United Kingdom

Deckers Outdoor Corp (DECK.N)

DECK.N on New York Stock Exchange

85.39USD
19 Jan 2018
Change (% chg)

$1.86 (+2.23%)
Prev Close
$83.53
Open
$83.42
Day's High
$85.69
Day's Low
$83.42
Volume
234,179
Avg. Vol
132,046
52-wk High
$85.69
52-wk Low
$44.01

Latest Key Developments (Source: Significant Developments)

Deckers Provides Update On Board Refreshment Process
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Deckers Outdoor Corp ::DECKERS PROVIDES UPDATE ON BOARD REFRESHMENT PROCESS.DECKERS OUTDOOR SAYS ‍INTENDS TO APPOINT AT LEAST TWO NEW INDEPENDENT DIRECTORS BY ITS 2018 ANNUAL MEETING OF STOCKHOLDERS​.- ‍APPOINTMENT OF NEW DIRECTORS WILL COINCIDE WITH AN EQUAL NUMBER OF RETIREMENTS FROM EXISTING BOARD​.SAYS ‍IS WORKING WITH A LEADING DIRECTOR SEARCH FIRM ON BOARD REFRESHMENT PROCESS​.SAYS ‍EXPECTS TO HOLD ITS 2018 ANNUAL MEETING IN SEPTEMBER 2018​.  Full Article

‍Marcato releases investor presentation to Deckers stockholders
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Deckers Outdoor Corp :‍Marcato releases investor presentation to Deckers Stockholders; comments on Deckers' response to Marcato's lawsuit​.  Full Article

Deckers Brands​ announces board actions to resolve Marcato lawsuit
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Deckers Brands​ ::Deckers announces board action to address and resolve Marcato lawsuit.Deckers Brands​ - board urges stockholders to vote "for" all 9 of Deckers' directors.Deckers - board approved amendment to credit facility to prevent "event of default" if majority of Marcato's director nominees were to be elected.Deckers Brands - ‍board disabled acceleration of equity awards and compensation arrangements under some compensation plans​.Deckers Brands - ‍board determined that Marcato's director nominees, if elected, would be "continuing directors"​.  Full Article

Deckers Brands posts Q3 adj. earnings per share $1.54
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Deckers Outdoor Corp :Deckers Brands reports second quarter fiscal 2018 financial results and raises guidance for full year fiscal 2018.Q2 earnings per share $1.54.Sees Q3 2018 sales $735 million to $745 million.Q2 sales $482.5 million versus I/B/E/S view $438.4 million.Q2 same store sales rose 3.7 percent.Sees Q3 2018 non-GAAP earnings per share $3.65 to $3.75.Sees FY 2018 adjusted earnings per share $4.15 to $4.30.Q2 non-GAAP earnings per share $1.54.Sees FY 2018 sales up 1 to 2 percent.Q2 earnings per share view $1.02 -- Thomson Reuters I/B/E/S.Q3 earnings per share view $4.10, revenue view $753.8 million -- Thomson Reuters I/B/E/S.FY2018 earnings per share view $4.09, revenue view $1.77 billion -- Thomson Reuters I/B/E/S.  Full Article

Deckers Brands announces $400 mln repurchase authority
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Deckers Outdoor Corp :Deckers Brands announces $400 million stock repurchase authority and concludes review of potential sale.Deckers Outdoor Corp - ‍has authorized a new $335 million stock repurchase program, in addition to $65 million remaining under Deckers' current authorization​.Deckers Outdoor - ‍board remains open to considering strategic and financial alternatives as part of its ongoing efforts to enhance stockholder value.Deckers Outdoor Corp - ‍ board "will not actively pursue a sale of entire company at this time".Deckers Outdoor Corp - ‍expect to complete full $400 million of repurchases by year-end fiscal 2020​.Deckers Outdoor Corp - targeting completing approximately $100 million worth of repurchases prior to end of March 2018​.Deckers Outdoor Corp - ‍in fiscal year 2018, Deckers expects to improve profitability by over $20 million​.Deckers Outdoor Corp - ‍board of directors undertook a thorough and wide-ranging process to consider potential interest in an acquisition of Deckers​.Deckers Outdoor Corp - contacted 90 potential acquirers, including strategic and financial parties but this effort did not result in a transaction..  Full Article

Marcato Capital increases its stake in Deckers Outdoor - SEC filing ‍​
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Marcato Capital Management LP::Marcato Capital Management LP reports 8.4 percent stake in Deckers Outdoor Corp as on October 16, 2017 - SEC filing ‍​.Marcato Capital Management LP had previously reported 6.1 percent stake in Deckers Outdoor Corp as on September 13, 2017‍​.  Full Article

Marcato Capital Management urges Deckers Outdoor Corp ‍shareholders
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Deckers Outdoor Corp :Marcato Capital Management LP​ urges Deckers Outdoor Corp ‍shareholders to vote gold proxy card “for” Marcato Capital Management's nominees - SEC filing.  Full Article

Marcato sends letter to Deckers board of directors
Tuesday, 27 Jun 2017 

June 27 (Reuters) - Marcato Capital Management LP: :Marcato sends letter to Deckers board of directors.If Deckers' review does not culminate in sale of co at attractive value, Marcato will be prepared to "seek significant board change".‍Marcato Capital Management LP says it has retained Cadwalader, Wickersham & Taft LLP as legal counsel in connection with Deckers​.It owns approximately 6.0 pct of outstanding common shares of Deckers Outdoor Corporation.Proposed to Deckers Outdoor that "Marcato be afforded limited representation" on co's board, a proposal board has refused to take up in timely fashion.If Deckers' review process doesn't result in sale of co at "attractive value", Marcato prepared to nominate director candidates to replace entire board​.  Full Article

Activist investor Mcguire tells Deckers to sell itself or he'll replace the board - CNBC
Tuesday, 27 Jun 2017 

June 27 (Reuters) - :Activist investor Mick Mcguire tells Deckers that if company's strategic review doesn't lead to sale, he'll seek to replace entire board - CNBC, citing source.  Full Article

Deckers outdoor Q1 Non-GAAP loss per share $1.80
Thursday, 28 Jul 2016 

Deckers Outdoor Corp : Says company continues to expect fiscal year 2017 net sales to be in range of down 3% to flat . Q2 earnings per share view $1.19, revenue view $498.2 million -- Thomson Reuters I/B/E/S . Deckers outdoor corp sees Q2 fiscal 2017 net sales to be up 1% to 3% versus same period last year . Deckers Outdoor Corp sees Q2 fiscal year diluted earnings per share of approximately $1.12 to $1.22 compared to $1.11 for same period last year . Deckers brands reports first quarter fiscal 2017 financial results . Sees FY 2017 earnings per share $4.05 to $4.40 . Q1 Non-GAAP loss per share $1.80 . Q1 loss per share $1.84 . Q1 sales $174.4 million versus I/B/E/S view $170.3 million . Q1 same store sales fell 7.3 percent . Q1 earnings per share view $-2.07 -- Thomson Reuters I/B/E/S . Sees Q2 2017 sales up 1 to 3 percent . Continues to expect fiscal year 2017 net sales to be in range of down 3% to flat . Sees Q2 2017 earnings per share about $1.12 to $1.22 . Expect majority of our earnings increase in fiscal 2017 to come in third and fourth quarters. . FY2017 earnings per share view $4.27, revenue view $1.86 billion -- Thomson Reuters I/B/E/S .Pretax charges that may occur from any further restructuring charges, expected to be in range of $10-$15 million in fiscal year 2017.  Full Article

Some hedge funds deliver double-digit gains for 2017

BOSTON A handful of hedge funds ended 2017 with double digit returns, their investors said, at a time the $3 trillion industry took in fresh money and posted its best returns in years, industry data show.