Deckers Outdoor Corporation (NYSE:DECK) saw a 19.36% increase in share prices last week, driven by strong earnings from Ugg and Hoka brands. Net income for the third quarter of fiscal year 2026 rose by 5.3% to $481 million, with net sales up by 7.1% to $1.96 billion.

Ugg contributed $1.3 billion in revenue, while Hoka saw sales rise by 18.5% to $628.9 million. Sales from other brands dropped by 55.5% to $23.2 million. Deckers Outdoor Corporation (NYSE:DECK) raised its full-year net sales outlook to $5.4 billion – $5.425 billion, with diluted earnings per share now expected to be $6.80 – $6.85.

Deckers Outdoor Corp. (NYSE:DECK) President and CEO, Stefano Caroti, praised UGG and HOKA for strong gross margins and profitable growth. While DECK shows investment potential, some AI stocks may offer higher returns with less risk. Check out the report on the best short-term AI stock for more information.

Read more at Yahoo Finance: Deckers Outdoor (DECK) Jumps 19% W/W as Ugg, Hoka Boost Profits