The flagship store features Deckers’ footwear brands and highlights its recent efforts to build out its own retail infrastructure worldwide. It also shows off Deckers’ so-called “omnichannel” strategy, whereby shoppers can, for example, try shoes on in the store and complete their orders online.
Deckers warned investors to expect a loss of 16 cents per share — compared to the 10-cent-per-share profit expected by Wall Street analysts — in the first quarter despite projected revenue growth. The company said that the reason was its aggressive build-out of its own branded retail stores around the world.
Shares of Deckers Outdoor Corp. were down sharply in after-hours trading Feb. 27 as the company predicted a loss for this year’s first quarter of 16 cents per share compared to a 10-cent-per-share profit expected by Wall Street.
Shares of Deckers Outdoor Corp. jumped 2.6 percent to close at $87.99 on Jan. 6 after one analyst said he expects chillier winter weather to boost sales of the company’s signature Ugg boots.
Westlake Village-based LTC Properties, Goleta-based Deckers Outdoor Corp. and Move Inc., whose headquarters are in the Bay Area but has most of its employees in Westlake Village, were on a yearly ranking produced by UC Davis. Each year, the school surveys publicly traded companies in the state to find which have the most women among their boards of directors and highest paid executives.
Called MAST, short for Marine Advanced Systems and Technology, the program will create an innovation hub of sorts for companies to test paint, products and devices for their ability to operate in marine environments.
Shares of Goleta-based Deckers Outdoor Corp. plunged 8.6 percent on Friday as the Ugg boot parent reported first-quarter earnings were a fraction of what they had been a year earlier. Deckers said first-quarter profits were $1 million, or 3 cents per share, compared to $8 million, or 20 cents per share, a year earlier. The Read More →