Deckers Outdoor Corp. (NYSE:DECK) saw a 19.50% increase in stock price, closing at $119.34 per share after a strong earnings report. The company reported a 5.3% increase in net income for the third quarter, reaching $481 million. Net sales rose by 7% to $1.957 billion, driven by demand for UGG and HOKA brands.

Deckers Outdoor Corp. (NYSE:DECK) President and CEO Stefano Caroti expressed optimism for the full fiscal year ending March 2026, expecting net sales between $5.4 billion to $5.425 billion and gross margins around 57%. Diluted earnings per share are projected to be $6.80 to $6.85. The company credits strong demand for UGG and HOKA brands for their positive outlook.

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Read more at Yahoo Finance: Deckers Outdoor (DECK) Climbs 19% on Upbeat Outlook, Earnings