Oct. 24 at 8:13 AM
$DECK heres the issue with Deckers and it’s been said before after last earnings. They have no catalysts. It’s a retail “luxury” sneaker brand. This isn’t tech, which can run up on just hype.
Will it recover long-term? Absolutely, I don’t deny that.
But, mid-term and short-term? What potential catalyst do they have?
Know many of you will say the buybacks. The buybacks haven’t moved the needle at all and analysts see right through that smoke and mirrors. Which was leaderships attempt of “oh shoot this stock may fall to
$70 range let’s see if we can stabilize the price.” Analysts see right through a company that has a split just to repurchase shares.
Overlay the Deck chart with every positive economic and tariff news. They don’t align. Yes, the tariffs haven’t impacted their margins. But, that’s irrelevant.
The story needs to be rewritten specifically leadership needs to control the narrative. Or be
$SKX take them private. It’s that simple. That’s how you save them.
