Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

There is good news for footwear lovers. Teva – a brand of Deckers Outdoor Corp. (DECK - Analyst Report) – will unveil its first retail store in Orlando, Fla. this week. The outlet will be situated at the Orlando Premium Outlets, Vineland Avenue.

The new Teva store will offer consumers a complete range of footwear for travel and everyday purposes. It will include sandals, trail shoes, sneakers, water shoes and boots. Teva is dedicated to the outdoor lifestyle and the outlet will stand to reflect the same.  

Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. The company markets its products through the UGG, Teva and Other brands.

The challenging macroeconomic environment has made Deckers resort to various means to reposition itself and keep afloat. Such measures include focusing on new product introductions, effective cost management and new store openings.

Deckers is also expanding its footprint by targeting profitable markets. This is well evident from the company’s retail store sales that rose 29.1%, propelled by the opening of 36 new stores during the second quarter of 2013. Management is eyeing opportunities for store expansion in Asia, mainly Japan and China, and seeks to enhance the company’s presence in South Korea, Taiwan, Mongolia, Singapore and Australia.

Deckers’ efforts have been well reflected in the better-than-expected second-quarter 2013 bottom-line results. The company posted a quarterly loss of 85 cents per share that fared better than the Zacks Consensus Estimate as well as management’s guidance due to lower operational expenses.

Currently, Deckers carries a Zacks Rank #2 (Buy). Other retail stocks worth considering include Brown Shoe Co. Inc. (BWS - Snapshot Report), Skechers USA Inc. (SKX - Analyst Report) and Nike, Inc. (NKE - Analyst Report). While Brown Shoe and Skechers carry a Zacks Rank #1 (Strong Buy), Nike has a Zacks Rank #2.

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GRP IN DXYN 15.84 +7.90%
BOFI HLDG IN BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%