Deckers Outdoor Is Overvalued, but Offers Exceptional Growth, High ROIC
Retail Opportunity Investments (ROIC) Gurufocus·2024-06-27 21:01
The company is a global leader in innovative footwear, apparel and accessories for both everyday casual and highperformance use. With six proprietary brands—UGG, HOKA, Teva, Sanuk, Koolaburra and AHNU—Deckers competes in the fashion, lifestyle, performance and outdoor markets. The company does not itself manufacture its products, but outsourced to third-party manufacturers. This enables it to keep an asset-light balance sheet and enable it to concentrate primarily on designing, advertising as well as distri ...