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Why Deckers Outdoor Stock Jumped Today

The footwear company blew past estimates in its Q1 report.Shares of Deckers Outdoor (DECK 11.70%), the global footwear company with brands like Hoka and UGG, were climbing today after the company delivered better-than-expected results in its first-quarter report. Coming after the stock plunged earlier in the year on fears of tariff-related headwinds and weakening consumer sentiment, the results helped reassure investors that its growth story was still intact.As of 12:21 p.m. ET on Friday, the stock was up 1 ...