BUZZ-PREVIEW: Deckers stock falls as investors eye tariffs

Reuters
Jul 25
BUZZ-PREVIEW: Deckers stock falls as investors eye tariffs

** Deckers Outdoor DECK.N shares slipping 2.6% on Thurs ahead of qtrly results after the bell, with investors focused on tariff impacts and macro uncertainty

** President Donald Trump's trade policy has forced several apparel makers to pull or lower their targets for the year as profitability takes a hit from tariffs

** The UGG boots maker in May scrapped its annual forecast due to tariff-related uncertainty

** Analysts expect qtrly rev up 9% to $901.1 mln, per LSEG, while adjusted EPS seen at $0.68 vs $0.75 yr-ago, highlighting potential margin pressures

** DECK stock recently at 17 times expected earnings, down from an avg forward PE of 22 over past five years

** The co's stock has sunk about 48% year to date, compared to an 8% rise in the S&P 500 .SPX

(Reporting by Noel Randewich)

((noel.randewich@thomsonreuters.com))

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