It was the company's 2012 guidance that ripped

This was the situation Friday following Deckers Outdoor's (NAS: DECK) fourth-quarter results UGGs Bailey Button and fiscal 2012 forecast, which may be described only as UGG-ly!



The maker with the well-liked UGG boots posted a 40% rise in the two product sales and income. Its dominant UGG brand grew sales by 38%, while its Teva brand saw revenue rise by 46%. International revenue offered UGGs Bailey Button Sale the biggest boost, rising by 82%. These results actually squeaked by Wall Street's expectations. It was the company's 2012 guidance that ripped the soles suitable out from investors' feet.



While in the upcoming year, Deckers anticipates that a combination of rising sheepskin charges and higher expenses connected with opening new retailers will affect its bottom line. Inside the 1st quarter, Deckers anticipates EPS of $0.25 and full-year EPS of $5.07. The two fall properly brief from the $0.63 and $5.82, respectively, that analysts had expected.



Despite the 13% haircut last week, you will find even now 3 visible good reasons UGG Bailey Button Black I see to prevent the stock.