Deckers Outdoor's
(
DECK) sustained focus on new product introductions and geographic expansion has helped achieved robust growth. The company delivered better-than-expected third-quarter 2010 results on the heels of strong demand for the product lines under the UGG and Teva brands.
The international markets provide a significant growth opportunity, and we remain optimistic about the company's incremental sales and earnings potential. Riding on the back of robust results, Deckers raised its fiscal 2010 outlook. Management now expects total revenue to increase by 16%, and earnings per share to rise by 22%.
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