Deckers Stock Jumps on Earnings Beat as Hoka, Uggs Boost Sales
Deckers(DECK) Investopedia·2024-07-26 12:36
Deckers Brands (DECK) shares surged Friday, a day after the footwear company released earnings that showed sales for its popular brands Hoka and Uggs jumped 30% and 14%, respectively, compared to the same time last year. Key Takeaways Deckers reported $825.3 million in sales for the first quarter of fiscal 2025, up just over 22% from $675.8 million a year ago, and above analysts' expectations, according to estimates compiled by Visible Alpha. Popularity of Hoka, Uggs Boost Sales Much like it reported in May ...