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Posted: Tue 13:26, 15 Oct 2013 Post subject: Deckers was down after cutting its 12 month outloo |
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Deckers was down after cutting its 12 months outlook, citing rising inventories resulting from lower sales. The organization price hikes could have something related to this. Deckers had been able beat last quarter EPS estimates by 14%, but offered guidance that shows sales for 2012 increasing only 5% year over [url=http://www.artwrit.com/polo.php]Ralph Lauren Polo[/url] year. This is certainly well inside of the company previous estimates, which forecast 14% sales growth. In the process, 365 day EPS is already likely to be down 33% YOY, than the company previous expectation of an 9% decline.
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