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Deckers Sees Q4 EPS $0.35-$0.45 vs $0.67 Est., Sales $392M-$402M vs $422.96M Est.; Sees FY20 EPS $9.40-$9.50 vs $9.17 Est., Sales $2.15B-$2.16B vs $2.14B Est.

Full Year Fiscal 2020 Outlook for the Twelve Month Period Ending March 31, 2020 Net sales are now expected to be in the range of $2.150 billion to $2.160 billion. Gross margin is now expected to be approximately

Benzinga · 01/30/2020 21:10

Full Year Fiscal 2020 Outlook for the Twelve Month Period Ending March 31, 2020

  • Net sales are now expected to be in the range of $2.150 billion to $2.160 billion.
  • Gross margin is now expected to be approximately 51.5%.
  • SG&A expenses as a percentage of sales are projected to be slightly lower than 36.0%.
  • Operating margin is now expected to be at or slightly better than 15.5%.
  • Effective tax rate expected to be approximately 20.5%.
  • Diluted earnings per share now expected to be in the range of $9.40 to $9.50.
  • The earnings per share guidance excludes any impact from additional share repurchases.

Fourth Quarter Fiscal 2020 Outlook for the Three Month Period Ending March 31, 2020

  • Net sales are expected to be in the range of $392 million to $402 million.
  • Diluted earnings per share are expected to be in the range of $0.35 to $0.45.
  • The earnings per share guidance excludes any impact from additional share repurchases.