Soaring Sales of Hoka and Ugg Shoes Send Deckers Stock to a Record High
Deckers(DECK) investopedia.com·2024-05-25 00:16
Key TakeawaysDeckers Outdoor reported fiscal 2024 fourth-quarter sales and profit that surpassed analysts' estimates.Soaring demand for Hoka and Ugg brand shoes helped fuel Deckers' earnings beat.Deckers shares surged to an all-time high following the news. Deckers Outdoor (DECK) shares skyrocketed over 13% to an all-time high in early trading Friday as the maker of fashion footwear blew away quarterly profit estimates on soaring demand for its Hoka and Ugg brand shoes. The company posted fiscal 2024 fourth ...