Deckers Outdoor volatility elevated into Q4 results and revenue growth outlook Deckers Outdoor March call option implied volatility is at 75, April is at 63; compared to its 26-week average of 62 according to Track Data, suggesting larger price movement into the expected release of Q4 results on February 19.
Deckers Outdoor thesis remains 'very much intact,' says Jefferies Jefferies says its thesis on Deckers Outdoor shares remains "very much intact" following news that Connie Rishwain plans to step down as President of UGG. The firm views the current multiple as compressed and sees a "compelling" risk/reward at current share levels. It reiterates a Buy rating on Deckers with a $110 price target.
Deckers Outdoor says President of UGG to step down Deckers Brands announced last night that Connie Rishwain, President of UGG and Fashion and Lifestyle Brands has notified the company of her plans to step down in order to spend more time with her family and pursue other interests.