Double digit revenue growth with 20%+ EBIT margins and the stock trades at 13x on sandbagged earnings? Can the bears remind me once again why they hate this stock?

Global Hoka and Ugg performance exceeded expectations and was “exceptional” with balanced growth across DTC and wholesale. Americas accelerated.

As much as people want to penalize the company on domestic sales being down, the trend got sequentially better (just like management said would happen) and international continues to grow at an exceptionally impressive rate despite having the best result in years last quarter.

Oh snap. We have a company that trades at 17x FY1 earnings that is growing sales at 17% and continues to blow out EPS estimates by 20%+ every single quarter, has an EBIT margin north of 20%, and is buying back a ton of stock (with a ton of cash on balance sheet).