Reported 5 months ago
Deckers Outdoors (DECK), the parent company of UGG, Hoka One One, and Teva brands, experienced a slight stock boost following their fiscal fourth-quarter earnings report that exceeded Wall Street expectations with net sales of $959.8 million. The company also provided a 2025 full-year sales forecast that aligns with analyst estimates, with UGG and Hoka One One sales seeing growth while Teva and other brands experienced declines. Overall, the stock has been performing well, up 35% for the year and around 100% over the past 12 months, with some analysts bullish on the company's potential, particularly in the sandal market.
Source: YAHOO