Deckers Outdoor Corporation (DECK Quick QuoteDECK – Free Report) seems robust on the again of strong omni-channel growth endeavors, power in manufacturers together with HOKA ONE ONE and spectacular buyer-centric product and advertising methods.Keeping tempo with the altering tendencies, the corporate is continually growing its e-commerce portal to seize incremental gross sales. Its focus on increasing model assortments and introducing an modern line of merchandise are different positives. This Goleta, CA-primarily based firm’s shares have surged 36% to this point this 12 months, outpacing its business’s 15.1% progress.The confidence within the inventory is additional backed by increased revisions of the corporate’s earnings estimates. The Zacks Consensus Estimate for earnings presently stands at $14.93 for fiscal 2022 and $17.35 for fiscal 2023, which elevated 0.5% and 0.6%, respectively, in the identical timeframe. An anticipated lengthy-time period earnings progress charge of 17%, forward of the business’s 15.3% common, highlights its inherent earnings potential.Image Source: Zacks Investment ResearchLet’s Find Out MoreTalking about Deckers’ efforts, it’s strengthening its on-line presence to enhance the general buying expertise. The firm is constructing model consciousness of HOKA ONE ONE label in addition to growing the model’s on-line shopper acquisition and retention. During the fourth quarter of fiscal 2021, the corporate’s direct-to-shopper (DTC) web gross sales jumped 64.3% to $379.2 million. DTC comparable gross sales have been up 76.3% 12 months over 12 months. On the corporate’s final earnings name, administration knowledgeable that the DTC enterprise is trending up within the excessive-40% vary from Apr 1 by May 15.Coming to model progress, administration continues to spend money on HOKA ONE ONE to drive progress. For the second quarter by May 15, the model is trending up within the low 30% vary. Its UGG model seems robust. We word that positive aspects from the HOKA ONE ONE model’s modern merchandise and UGG model’s distinctive style assortment are constantly aiding the corporate’s efficiency.Although its Sanuk model stays sluggish, Deckers stays centered on reverting the model to progress through rightsizing its distribution, product improvements in addition to focusing on wholesale channel leaders and owned DTC. The firm can be focusing on increasing its product classes in keeping with the client buying tendencies.Over the long run, administration is concentrated on the corporate’s key catalysts like constructing HOKA ONE ONE to a $1-billion plus model, driving DTC enterprise towards 50% of its world revenues, tapping worldwide markets and capturing alternatives past footwear.For fiscal 2022, administration tasks web gross sales progress charge of mid-to-excessive teenagers within the $2.950-$3.000 billion vary, indicating an increase from $2.546 billion generated in fiscal 2021. Brandwise, administration expects income progress of 40% for HOKA, thereby carrying out $800 million revenues. For UGG, the metric is prone to develop within the excessive single-digit to low double-digit vary on home wholesale power and restoration of worldwide progress.While Koolaburra revenues are anticipated to enhance within the low double-digit vary, Teva model revenues are projected to extend within the mid-single digit band. Earnings per share are forecast within the bracket of $14.05-$14.65, suggesting progress from $13.47 reported final fiscal.Wrapping UpAlthough the risky panorama with respect to COVID-19 lingers, administration is evolving operations steadily to gasoline progress. Contributions from the DTC enterprise and HOKA ONE ONE model will hold driving progress for the corporate. Overall, progress in manufacturers, robust stability sheet and a secure working mannequin poise Deckers properly for achievement. A VGM Score of B additional speaks volumes for this presently Zacks Rank #3 (Hold) firm.Don’t Miss These Solid BetsNIKE (NKE Quick QuoteNKE – Free Report) has an extended-time period earnings progress charge of 15.2% and a Zacks Rank #1 (Strong Buy), presently. You can see the entire listing of in the present day’s Zacks #1 Rank shares right here.Steven Madden (SHOO Quick QuoteSHOO – Free Report) has an extended-time period earnings progress charge of 15% and a Zacks Rank #2 (Buy) at current.Crocs (CROX Quick QuoteCROX – Free Report) has an extended-time period earnings progress charge of 15% and a Zacks Rank of two, presently.