Shares of company that makes Hoka sneakers, Ugg boots surge past $1,000
DECKDeckers(DECK) nypost.com·2024-05-24 23:55

Shares of Deckers Outdoor jumped 13% to breach the $1,000 mark for the first time on Friday, as the footwear company posted upbeat fourth-quarter results, riding on the popularity of Ugg boots and Hoka sneakers among Americans. The company’s stock has been on a tear since the beginning of last year, and is up about 35% this year, after rising 67% in 2023. In contrast, Nike has dropped 15% this year. “FY 2024 was a banner year for DECK with its two big brands delivering some of the strongest growth across fo ...