Market Overview - Stocks are experiencing a decline, with significant movements in the metals market, particularly gold and silver, which are seeing record drops [1][2]. - Gold futures are down 7%, with a peak decline of over 11%, marking the largest drop since the early 1980s. Silver futures have fallen more than 26% [2]. Federal Reserve Nomination - President Trump has nominated Kevin Worsh to replace Jerome Powell as Fed Chair, with Worsh perceived as a hawkish figure, which may influence interest rate policies [5][6]. - Trump expressed a desire for rate cuts but did not directly ask Worsh about his commitment to this [6][7]. - Analysts suggest that if Worsh is confirmed, he will need to persuade a divided Federal Reserve committee regarding his policies [8][11]. Economic Indicators - St. Louis Fed President Alberto Musalum indicated that current interest rates are neutral and does not favor further cuts due to inflation concerns [9][10]. - Fed Governor Chris Waller dissented in a recent policy meeting, advocating for a rate cut due to job market weaknesses [10]. Cryptocurrency Market - Bitcoin remains stable around $84,000 despite volatility in other markets, with analysts noting that Worsh's hawkish stance may not support a crypto rally [4][25]. Company Earnings and Market Sentiment - Deckers Outdoor reported stronger-than-expected sales, particularly driven by its Hoka running shoes, leading to a positive market reaction [41][43]. - Verizon's earnings exceeded expectations, with wireless subscriber numbers at a six-year high, despite announcing mass layoffs [45][46]. - Bombardier's stock is under pressure due to potential tariffs on Canadian-made aircraft, with a noted decline of 6.3% [48][49]. SoFi's Growth - SoFi reported its first quarter with over $1 billion in revenue, driven by a 37% revenue growth, indicating strong consumer demand [52][57]. - The company is expanding its offerings in cryptocurrency and aims for continued growth in the financial services sector [60][64]. Tech Sector Outlook - Analysts are optimistic about Alphabet and Amazon, with expectations for strong earnings driven by advertising growth and cloud services [97][106]. - Google's Gemini is expected to enhance search capabilities and overall revenue growth, while Amazon's AWS is anticipated to accelerate, contributing to its profitability [100][108].

January 30, 2026 09:52 AM EST The Stock Price of Hoka and UGG Maker Deckers Outdoor Is Soaring Today. Here's Why FROM 23 minutes ago A shoemaker's stock is running to its highest point in months Friday. Deckers Outdoor (DECK) shares surged 11% in early trading after the parent company of Hoka running shoes and UGG boots reported better fiscal third quarter results than expected. Entering Friday's session, Deckers Outdoor stock had lost more than half of its value over the past 12 months. Justin Sulliv ...

Core Insights - Deckers Outdoor stock surged 11% after reporting better-than-expected fiscal third-quarter results, with earnings of $3.33 per share and revenue of $1.96 billion, both exceeding analyst estimates [1][1][1] - Sales for Hoka running shoes and UGG boots increased by 18% and 5% respectively compared to the same period last year [1][1][1] - The company raised its full fiscal year sales forecast to between $5.4 billion and $5.425 billion, and EPS to a range of $6.80 to $6.85, surpassing previous projections [1][1][1] Financial Performance - Deckers reported a significant recovery in stock price after a year of decline, with shares down 55% over the past 12 months but trading at $111, the highest level since September [1][1][1] - The company faced previous concerns regarding tariffs affecting margins and consumer demand, but the latest quarterly report indicates strong sales growth, alleviating some of these worries [1][1][1] Growth Potential - CEO Stefano Caroti highlighted the "meaningful untapped global opportunities for Hoka," indicating potential for continued sales growth both domestically and internationally [1][1][1] - The brand's effective marketplace management is expected to support its status as the fastest-growing brand within Deckers [1][1][1]

Core Insights - The Federal Reserve is expected to implement a rate cut next week, with further cuts likely in December, as inflation data shows little sign of surging [1][2][12] - The S&P 500 has reached all-time highs, driven by expectations of policy easing that will support corporate earnings [5][19] - Consumer sentiment has dropped to a five-month low, reflecting concerns over high prices and their financial impact [3] Inflation Data - The September core Consumer Price Index (CPI) rose by 0.2% from August and increased by 3% year-over-year, indicating a slower pace of underlying inflation [4][13] - The CPI report has reinforced the case for multiple rate cuts by the Fed, as inflation remains contained despite tariff impacts on certain goods [9][10] Market Reactions - Equities have shown a positive response, with the S&P 500 rising nearly 1% and the Nasdaq 100 increasing by 1% [2][19] - Money markets are pricing in a high likelihood of two rate reductions before the end of the year, reflecting trader confidence in the Fed's dovish stance [5][11] Corporate Highlights - Intel Corp. has returned to profitability and provided an optimistic revenue forecast, indicating progress in its recovery efforts [19] - Ford Motor Co. expects to recover from a significant fire affecting a key supplier, alleviating concerns about its F-150 pickup production [19] - Procter & Gamble Co. reported better-than-expected sales, as consumers continued to purchase its products despite price increases [19] - Newmont Corp. delivered stronger-than-expected quarterly earnings, benefiting from cost-cutting measures amid rising gold prices [19] - JPMorgan Chase & Co. plans to allow institutional clients to use Bitcoin and Ether as collateral for loans, marking a significant step in crypto integration on Wall Street [19]

Market Overview - US stock futures are rising significantly following the September consumer price index (CPI) report, with the S&P 500 set to open at an all-time high as prices increased by 3% year-over-year, slightly below the expected 3.1% [1][5][10] - The market is now pricing in a 99% chance of a Federal Reserve rate cut in October and a 96% chance for December, indicating strong investor sentiment [10][12] Federal Reserve Insights - The CPI report is seen as a bullish catalyst for the market, with expectations that the Federal Reserve will cut rates due to the cooler-than-expected inflation data [8][12] - Core inflation, which excludes food and energy, also showed a decrease from 3.1% to 3%, indicating progress, although it remains above the Fed's 2% target [12][14] - The lack of additional economic data due to the government shutdown creates uncertainty for future Fed decisions, particularly regarding the job market [15][18] Corporate Earnings - Intel reported better-than-expected third-quarter earnings, with revenues of $13.7 billion and adjusted earnings per share of $0.23, leading to a nearly 6% increase in pre-market shares [24][26] - The company is experiencing improved sales in its PC and AI data center businesses, although it still faces challenges in its foundry operations [24][26][28] Trade Relations - President Trump has halted trade talks with Canada, citing an anti-tariff advertisement that featured former President Ronald Reagan, which adds to the uncertainty in trade relations [2][19] - The ongoing trade discussions and their implications for tariffs remain a significant concern for the market, as they could impact business operations and investor sentiment [20][21] Company-Specific Developments - Target announced it will eliminate 8% of its corporate roles due to underperformance and market share losses, which analysts view as a necessary move [30][31] - Deckers, the maker of Hoka and Uggs, reported disappointing sales guidance, forecasting full-year sales of approximately $5.35 billion, reflecting cautious consumer behavior [31][32] - Procter & Gamble exceeded sales estimates in its latest quarter, particularly in beauty and grooming categories, although its baby and family care segment showed flat volume [32][33]

Deckers shares fell after the owner of Hoka running shoes and Ugg boots forecast 2026 revenue that falls short of analyst expectations https://t.co/1w98KWZgBc ...

Core Viewpoint - Deckers Outdoor (DECK) is identified as a potential investment opportunity due to its current trading discount and strong growth prospects despite recent stock price declines [2][3]. Financial Performance - Deckers' stock has fallen 46% from its peak earlier this year, primarily due to concerns over tariffs and slowing growth, which are now considered overblown following better-than-expected first-quarter earnings [3][12]. - The stock trades at a price-to-earnings ratio of 19, significantly lower than the S&P 500's P/E of 27, indicating an attractive valuation [5]. - Revenue for Deckers rose 16.9% to $964.5 million, surpassing estimates of $900.4 million [5]. - Hoka sales increased by 19.8% to $653.1 million, while Ugg sales rose by 18.9% to $265.1 million [6]. Market Dynamics - Domestic sales decreased by 2.8% to $501.3 million, but international sales surged by 49.7% to $463.3 million, highlighting the company's successful expansion into new markets [7]. - Growth in international markets was particularly driven by Europe and China, as Deckers expands its distribution in Europe [7]. Future Outlook - Management anticipates continued solid growth for its core brands, projecting mid-teens growth for Hoka and mid-single-digit growth for Ugg for the remainder of the year [8]. - Deckers has a strong historical performance, with stock appreciation of over 1,000% in the last decade, despite recent declines [9]. Brand Strength - Deckers has successfully developed its brands, particularly Hoka, which is gaining market share due to its popularity among runners and professionals [11]. - The company has a strong track record of acquiring and growing brands, having transformed both Ugg and Hoka into multibillion-dollar entities [10]. Cost Considerations - Deckers expects a $185 million impact on the cost of goods sold due to tariffs, but this is not seen as a justification for the significant market cap loss of approximately $15 billion [12].

Sales Performance - Deckers' financial results were boosted by strong sales gains in fuzzy Ugg boots and chunky Hoka running shoes last quarter [1]

Company Overview - Deckers Outdoor, known for Hoka running shoes and Ugg boots, has seen its stock decline by 49.5% year-to-date as of June 17 [2][5] - Despite recent struggles, Deckers has historically been one of the best-performing stocks, with returns exceeding 10,000% at one point [2] Recent Performance - In the fiscal fourth quarter ending March 31, Deckers' revenue grew by only 6.5%, a significant drop from nearly 20% growth in the first three quarters [5] - Hoka's growth slowed from nearly 30% in the first three quarters to just 10% in the fourth quarter, indicating potential market share loss to competitors like Nike [5] - Ugg, Deckers' largest brand, experienced a growth rate of just 3.6% in the fourth quarter compared to 13% for the full year [5] Guidance and Expectations - The company did not provide full-year guidance due to macroeconomic uncertainties related to tariffs, projecting first-quarter revenue between $890 million and $910 million, representing 9% growth at the midpoint [6] - Earnings per share are expected to decline from $0.75 to a range of $0.62 to $0.67 [6] - Deckers anticipates a gross margin decline of 250 basis points due to increased freight costs, promotional activities, and a shift in sales channels [7] Investment Opportunity - The significant stock sell-off may present a buying opportunity, as the challenges faced by Deckers are viewed as mostly temporary [8] - With the share price halved, Deckers trades at an attractive price-to-earnings ratio of 16, which is a substantial discount compared to the S&P 500 [9] - The company has initiated a stock buyback program, increasing its repurchase authorization to $2.5 billion, representing 16% of its market cap [9] Financial Position - Deckers has a strong financial position with no debt, $1.9 billion in cash, and a favorable assets-to-liabilities ratio of 3.5 [10] - The long-term outlook remains positive as Hoka and Ugg have established differentiated brands with a history of growth [10] Future Growth Potential - Even modest profit growth could lead to significant stock appreciation, as tariff-related challenges are expected to diminish over time [11]