Is Deckers' Pain Nike's Gain? 1 Wall Street Analyst Thinks So.
Deckers (NYSE: DECK) stock plunged last week after the footwear maker published fiscal fourth-quarter results that topped expectations, but issued disappointing guidance.Though the company did beat estimates in the quarter, its growth still slowed markedly as overall revenue rose 6.5% year over year to $1.02 billion. That included a 3.6% gain from the Ugg brand and 10% growth in Hoka sales. That was a notable deceleration from the prior three quarters; for fiscal 2025, overall revenue was up 16.3% to $4.99 billion, with Ugg sales up 13.1% and Hoka up 23.6%.Continue reading
Deckers (NYSE: DECK) stock plunged last week after the footwear maker published fiscal fourth-quarter results that topped expectations, but issued disappointing guidance.
Though the company did beat estimates in the quarter, its growth still slowed markedly as overall revenue rose 6.5% year over year to $1.02 billion. That included a 3.6% gain from the Ugg brand and 10% growth in Hoka sales.
That was a notable deceleration from the prior three quarters; for fiscal 2025, overall revenue was up 16.3% to $4.99 billion, with Ugg sales up 13.1% and Hoka up 23.6%.
