Deckers Stock Plunges 13% Despite Record Earnings …

From Financial Modeling Prep: 2025-01-31 08:37:00

Deckers Outdoor (NYSE:DECK) exceeded expectations in Q3 with adjusted EPS of $3.00 and record revenue of $1.83 billion, up 17% YoY. Despite this, stock fell 13% in pre-market trading. Full-year outlook raised with EPS expected between $5.75-$5.80 and revenue growth outlook at 15%.

CEO Stefano Caroti highlighted success with UGG and HOKA brands, attributing growth to consumer demand and innovation. Although fundamentals are strong, investor caution led to stock decline. Deckers remains optimistic about future growth and momentum for the fiscal year.



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