Deckers Outdoor (DECK) Revenue — Quarter Ended Mar 31, 2024
Revenue declined from the immediately preceding quarter but rose compared to the same quarter one year earlier. The sequential decrease followed a significantly higher prior quarter, while the year-over-year gain continued the company's growth trajectory.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 FY
Revenue declined from the immediately preceding quarter but rose compared to the same quarter one year earlier. The sequential decrease followed a significantly higher prior quarter, while the year-over-year gain continued the company's growth trajectory.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$959.8M
Revenue reported for this quarter.
Quarter-over-quarter
-38.5%
Change from the immediately preceding quarter.
Year-over-year
+21.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $675.8M | +10.0% |
| Sep 30, 2023 | $1.1B | +24.7% |
| Dec 31, 2023 | $1.6B | +16.0% |
| Mar 31, 2024 | $959.8M | +21.2% |
Revenue performance
Reported revenue for the quarter was lower than the prior quarter, reflecting a sharp sequential contraction.
Quarterly comparison
Compared with the immediately preceding quarter, revenue decreased substantially. In contrast, revenue increased compared with the same quarter one year earlier.
What to watch
The magnitude of the sequential decline may warrant attention, especially given the strong prior quarter's performance.