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Текущая версия на 15:36, 12 ноября 2015
Los angeles(AP) Sounds like Cheap UGG Boots UK maker Deckers expects shoppers to pull the sheepskin boots back on. You're able to send shares climbed in premarket trading Friday after it predicted better Ugg sales this year.
Send out profit tumbled 35 percent in 2012, And dropped 23 per-cent in the OctoberDecember quarter, Which offers the critical holiday shopping period. Remains to be, The period beat analysts' pessimistic deliverables, And Deckers said late on wednesday that sales trends have improved. It projected a 4 percent embrace UGG Boots Women sales this year after the 1.5 per-cent decline in 2012.
Deckers nature Corp. Had been raising prices on Ugg boots to offset big increases in the cost of sheepskin and other rock. Those price improve hurt sales, And last fall the actual decided to cut prices. Analysts and investors worried that consumers had finally gotten tired of a pair of boots, And shares lost about half their value throughout the last 12 months.
Deckers' profit conjecture for this year was lower than analysts expected, But several said they believed the company was being old-fashioned with its forecasts. Jefferies analyst Randal Konik said the guidance would probably be raised later in the year, As Deckers advantages from lower sheepskin costs, Better sales trends and leaner inventory.
"The brand is not dead, Konik said in a customer note Friday. The analyzer, That a"Order" Rating on the explains, Lifted his price niche by $5 to $65.
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