This is a news story, published by Yahoo Finance, that relates primarily to Deckers Brands news.
For more stocks trading & speculation news, you can click here:
more stocks trading & speculation newsFor more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like stocks trading & speculation news, you might also like this article about
stock splits. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest stock split news, sizable stock split news, stocks trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
forward stock splitThe Motley Fool
•81% Informative
Walmart kicked off stock-split euphoria in late January .
Deckers Brands announced plans to conduct a 6 -for-1 forward split in mid-July .
Walmart 's share price fell from $ 175.56 to $ 58.52 , while its outstanding share count increased by a factor of three .
Walmart is yesterday 's news on the stock split front.
Deckers Brands owns around a half-dozen major brands, the best-known include Ugg, Hoka , and Teva .
As of the most-recent quarter , ending June 30 , the company reported $310.6 million in direct-to-consumer ( DTC ) sales.
E-commerce is still just getting off the ground in international markets, which affords the company a sustained double-digit, high-margin growth opportunity.
The company's stock is absolutely deserving of a premium given the momentum it's enjoyed from DTC growth.
VR Score
80
Informative language
79
Neutral language
25
Article tone
informal
Language
English
Language complexity
46
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
3
Affiliate links
no affiliate links