The strong demand for the UGG brand product line, new product introductions and in-demand inventory has helped Deckers Outdoor (DECK) to achieve robust growth. The company’s top-line has increased at a CAGR of 32% in the last five fiscal years.
The company’s efforts to expand internationally are also encouraging. The international markets provide a significant growth opportunity, and we remain optimistic about the company’s incremental sales and earnings potential.
The company also has a healthy balance sheet with a significant cash balance and no debt at the end of fiscal year 2009, which provides it with ample liquidity to capitalize on future growth opportunities.Zacks Investment Research