Reply To: Traders Market Weekly: Political Risks and Central Banks


Barron’s mentions:

Deckers Outdoor (DECK) is called out this week by the publication as a stock that has more attraction than just the Ugg business. While the shoe seller is at risk of pulling back on guidance for double-digit revenue growth due to sector-wide demand and inventory issues, Deckers is called a long-term winner with multiple brands performing well. In particular, Hoka is noted to now be the number two brand in the specialty running category behind industry leader Brooks. Hoka is growing so quickly that some estimate have it accounting for half of Deckers’ sales by 2025. On a valuation basis, Deckers trades with an earnings multiple of 16.5X vs. the five-year average of 18.6X.