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  "documentTitle": "Deckers Outdoor Corporation (DECK)",
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  "authorName": "Richard T. McGuire III",
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  "notes": "The slide uses a before-and-after comparison to demonstrate how accounting practices mask declining retail performance.",
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      "text": "RETAIL ROA BEFORE AND AFTER ESTIMATED CORPORATE ALLOCATION",
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      "text": "FAILURE TO ALLOCATE OVERHEAD OVERSTATES RETAIL PROFITABILITY",
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