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Cramer picks two 'winning' footwear stocks in a ‘nightmare' athletic apparel market
cnbc.com· 2024-05-16 22:45
CNBC's Jim Cramer on Thursday picked two footwear stocks he thinks are headed for success: On Holding and Deckers Outdoor, which owns a number of footwear brands including Hoka, Uggs and Tevas."Even when the footwear and athletic apparel space is a nightmare for most of the industry, you can still find great brands that are winning, like the ones that belong to On Holding and Deckers Outdoor," Craner said. "I bet they keep winning."Cramer pointed out that it's not been easy lately for some of the big names ...
Deckers (DECK) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
zacks.com· 2024-05-16 15:05
The market expects Deckers (DECK) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Ma ...
UGG & ALOK CO-CREATE EXPRESSIVE 'URSEEN' COLLECTION FOR PRIDE 2024
Prnewswire· 2024-05-15 14:16
UGG® and ALOK, who share the same values of an inclusive community, unpacked how Pride can be expressed for a new fashion era. The all-gender collection features the URSeen Platform and URSeen Dress, designed to embrace the creativity, adaptability, and confidence of the LGBTQ+ community. Serving color-stacked pops of pink and green head to toe, this uplifting collaboration encourages endless self-expression for Pride Month and beyond. Collaboration is key to feeling heard and feeling seen. In addition to t ...
Here's Why Deckers (DECK) Gained But Lagged the Market Today
Zacks Investment Research· 2024-05-07 23:01
Deckers (DECK) closed at $862.38 in the latest trading session, marking a +0.06% move from the prior day. This move lagged the S&P 500's daily gain of 0.13%. At the same time, the Dow added 0.08%, and the tech-heavy Nasdaq lost 0.1%.Prior to today's trading, shares of the maker of Ugg footwear had lost 3.04% over the past month. This has lagged the Retail-Wholesale sector's gain of 0.98% and the S&P 500's loss of 0.35% in that time.Market participants will be closely following the financial results of Decke ...
Get Fired Up: Sanuk and Traeger Cook Up the Ultimate Summer Barbecue Shoe
Prnewswire· 2024-05-07 13:51
Sanuk Launches Limited-Edition Sauce-Repellent Footwear for Grill EnthusiastsGOLETA, Calif., May 7, 2024 /PRNewswire/ -- Just in time for National Barbecue Month, Sanuk®, a division of Deckers Brands (NYSE: DECK), has joined forces with Traeger, Inc. ("Traeger") (NYSE: COOK), the pioneers of wood-pellet grills, to launch a limited-edition shoe inspired by barbecue culture, the Happy Hour Lite x Traeger. United by a shared passion for good times and bringing people together, the duo created an innovative foo ...
7 Stocks That Will Continue to Climb Even When the Market Crashes
InvestorPlace· 2024-05-01 17:35
Not every stock crashes with the rest of the market. Some corporations offer high margins of safety and can hold firmly during bad times. Putting some of your capital in these investments can reduce your portfolio’s losses from peak to trough. However, a small number of stocks can actually perform well when the market crashes. It’s harder to find these stocks, and it’s possible for equities in this category to simply outperform the market. For instance, most assets get dragged down during market crashes, bu ...
Deckers (DECK) Stock Drops Despite Market Gains: Important Facts to Note
Zacks Investment Research· 2024-04-29 23:01
The most recent trading session ended with Deckers (DECK) standing at $832.43, reflecting a -0.12% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 0.32%. Elsewhere, the Dow gained 0.38%, while the tech-heavy Nasdaq added 0.35%.The maker of Ugg footwear's shares have seen a decrease of 11.45% over the last month, not keeping up with the Retail-Wholesale sector's loss of 1.39% and the S&P 500's loss of 2%.The investment community will be closely mon ...
Is Trending Stock Deckers Outdoor Corporation (DECK) a Buy Now?
Zacks Investment Research· 2024-04-25 14:05
Deckers (DECK) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this maker of Ugg footwear have returned -9.2% over the past month versus the Zacks S&P 500 composite's -3% change. The Zacks Retail - Apparel and Shoes industry, to which Deckers belongs, has lost 8.2% over this period. Now the key question is: Where could the stock be headed in the near term?Although medi ...
Deckers Brands Promotes Marco Ellerker to President of Global Marketplace
Prnewswire· 2024-04-24 13:15
GOLETA, Calif., April 24, 2024 /PRNewswire/ -- Deckers Brands (NYSE: DECK), a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories, today announced the promotion of Marco Ellerker to the newly created role of President of Global Marketplace, effective August 1, 2024. Ellerker has served in various operational roles at Deckers since 2017, most recently as SVP and General Manager of EMEA, Japan and Distributors Asia Pacific. In his new role, Ellerker will overs ...
Deckers (DECK) Rises More Than 65% in a Year: Here's Why
Zacks Investment Research· 2024-04-23 17:46
Deckers Outdoor Corporation (DECK) has exhibited a decent run on the bourses in the past year. The stock has outpaced the Zacks Retail-Apparel and Shoes industry owing to its key strategic initiatives, including product innovation and brand assortment expansion, coupled with a robust focus on the Direct-to-Consumer (DTC) channel. In the said period, shares of this current Zacks Rank #3 (Hold) company have surged 65.4% compared with the industry’s 22.8% growth.The Zacks Consensus Estimate for the current and ...