Deckers Outdoor Corporation DECK is likely to register an increase in the top line when it reports first-quarter fiscal 2022 numbers on Jul 29, after the market closes. The Zacks Consensus Estimate for revenues is pegged at $398.2 million, indicating an improvement of 40.6% from the prior-year reported figure.The bottom line of this designer, marketer and distributor of footwear, apparel, and accessories is expected to improve year over year. We note that the Zacks Consensus Estimate for loss for the quarter under review has narrowed to 4 cents from 25 cents over the past seven days. The figure suggests a sharp improvement from a loss of 28 cents reported in the year-ago period.Notably, this Goleta, CA-based company has a trailing four-quarter earnings surprise of 60.9%, on average. In the last reported quarter, the company’s bottom line surpassed the Zacks Consensus Estimate by a significant margin of 103.5%.Key Factors to NoteDeckers’ first-quarter performance is likely to have benefited from acceleration of omni-channel capabilities, investment in supply chain and logistics infrastructure, and customer-centric product and marketing strategies. The company’s focus on expanding brand assortments, introducing an innovative line of products and enhancing direct-to-consumer business contribution are likely to have acted as tailwinds.Keeping pace with the changing trends, Deckers has been constantly developing its e-commerce portal to capture incremental sales across UGG and HOKA ONE ONE brands. The company has been making substantial investments to strengthen its online presence and enhance shopping experience.We note that the Zacks Consensus Estimate for first-quarter revenues at UGG, HOKA ONE ONE, Teva and Sanuk brands are pegged at $162 million, $160 million, $41.4 million and $13.9 million, indicating increase of 29.9%, 46.8%, 17.6% and 5.3% year over year, respectively.In spite of aforementioned tailwinds, adverse impacts stemming from higher freight costs cannot be ruled out. Any increase in marketing expenses as well as warehouse and logistics costs might get reflected in margins. Deckers Outdoor Corporation Price, Consensus and EPS Surprise Deckers Outdoor Corporation price-consensus-eps-surprise-chart | Deckers Outdoor Corporation QuoteWhat the Zacks Model UnveilsOur proven model predicts an earnings beat for Deckers this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Deckers has a Zacks Rank #3 and an Earnings ESP of +41.18%.Other Stocks With Favorable CombinationHere are some other companies you may want to consider as our model shows that these too have the right combination of elements to post an earnings beat:Foot Locker FL has an Earnings ESP of +7.06% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.American Eagle Outfitters AEO has an Earnings ESP of +3.92% and a Zacks Rank #3.Capri Holdings Limited CPRI has an Earnings ESP of +3.87% and a Zacks Rank #3. Time to Invest in Legal Marijuana If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027. After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%. You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.Today, Download Marijuana Moneymakers FREE >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Deckers Outdoor Corporation (DECK): Free Stock Analysis Report Foot Locker, Inc. (FL): Free Stock Analysis Report Capri Holdings Limited (CPRI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research