Deckers Shares Decline on Cautious Guidance

Shares for Hoka and Ugg parent company Deckers Brands dropped over 8 percent in after-market trading on Thursday after the footwear maker posted yearly guidance below analysts’ expectations. The Goleta, Calif.-based company reported net sales in the second quarter of fiscal 2026 increased 9.1 percent to $1.43 billion compared to $1.31 billion the same time last year. Net income for the second quarter was $268.15 million, or $1.82 per diluted share, down from $357.95 million, or $2.74 per diluted share, th ...