Hoka Shoes Sales Surge, Driving Deckers Outdoor's Earnings and Stock Higher

Key Takeaways Soaring demand for Hoka brand shoes helped Deckers Outdoor post better-than-expected earnings and revenue for the second quarter, sending its stock higher Friday. Hoka sales gained nearly 35% year-over-year, and sales of Deckers' Ugg brand were up 13%. The company raised its full-year revenue outlook. Deckers Outdoor (DECK) shares soared Friday, a day after the footwear maker posted better-than-expected results and boosted its outlook as demand for its Hoka brand shoes surged. The company repo ...