Why Deckers Stock Had a 21% Pullback in February
Shares of shoe company Deckers Outdoor (NYSE: DECK) pulled back 21.4% during February, according to data provided by S&P Global Market Intelligence. The company reported financial results right at the end of January, which started the decline. And this fall merely carried over into the new month as investors and analysts continued to digest the report.On Jan. 30, Deckers reported financial results for its fiscal third quarter of 2025, beating estimates and raising its guidance. And yet the stock still plunged and has continued sliding since. For some, this was a surprising outcome.The issue is what Deckers' guidance implies for its upcoming fiscal fourth quarter. Given the numbers the company has already reported for the first three quarters of the fiscal year, management expects to generate Q4 net sales of about $936 million. For perspective, it had net sales of $960 million in the fourth quarter of fiscal 2024.Continue reading
Shares of shoe company Deckers Outdoor (NYSE: DECK) pulled back 21.4% during February, according to data provided by S&P Global Market Intelligence. The company reported financial results right at the end of January, which started the decline. And this fall merely carried over into the new month as investors and analysts continued to digest the report.
On Jan. 30, Deckers reported financial results for its fiscal third quarter of 2025, beating estimates and raising its guidance. And yet the stock still plunged and has continued sliding since. For some, this was a surprising outcome.
The issue is what Deckers' guidance implies for its upcoming fiscal fourth quarter. Given the numbers the company has already reported for the first three quarters of the fiscal year, management expects to generate Q4 net sales of about $936 million. For perspective, it had net sales of $960 million in the fourth quarter of fiscal 2024.
