Hoka Shoes Sales Surge, Driving Deckers Outdoor's Earnings and Stock Higher [Yahoo! Finance]
Deckers Outdoor Corporation (DECK)
Last deckers outdoor corporation earnings: 1/30 04:05 pm
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Source: Yahoo! Finance
Hoka sales gained nearly 35% year-over-year, and sales of Deckers' Ugg brand were up 13%. The company raised its full-year revenue outlook. Deckers Outdoor ( DECK ) shares soared Friday, a day after the footwear maker posted better-than-expected results and boosted its outlook as demand for its Hoka brand shoes surged. The company reported second-quarter fiscal 2025 diluted earnings per share (EPS) of $1.59, with revenue up 20.1% from a year ago to $1.31 billion. Both exceeded analysts' estimates compiled by Visible Alpha. Sales of Hoka shoes jumped 34.7% to $579.9 million. Ugg sales were up 13% to $689.9 million, and they climbed 2.3% to $22 million for Teva. Sales at Sanuk plunged 47.6% to $2.8 million, and they were down 15.8% to $25.8 million for other brands, primarily Koolaburra. Domestic revenue rose 14.2% to $853.9 million, and surged 33% to $457.4 million internationally. direct-to-consumer (DTC) sales added 19.9% to $397.7 million. Deckers said it now anticipate
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News
- Deckers Outdoor Co. (NYSE: DECK) is now covered by analysts at Needham & Company LLC. They set a "buy" rating and a $218.00 price target on the stock.MarketBeat
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DECK
Earnings
- 10/24/24 - Beat
DECK
Sec Filings
- 11/22/24 - Form 144
- 11/22/24 - Form 4
- 11/22/24 - Form 144
- DECK's page on the SEC website