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StockNews.com
StockNews.com
Business
Aditi Ganguly

Down 20% in the Past 3 Months, is Now a Good Time to Scoop Up Deckers Outdoor?

Deckers Outdoor Corporation (DECK) designs casual lifestyle and high-performance footwear under the brand names UGG, Teva, Sanuk, Hoka, and Koolaburra. The Goleta, Calif.-based company has an international presence; its products are sold in more than 50 countries worldwide. In addition, DECK has an ISS Governance QualityScore of 1, indicating low governance risk.

However, DECK shares have been losing momentum lately because investors are concerned about the impact of the current supply chain headwinds on the company’s profit margins. 

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