Deckers Outdoor Q1 Earnings: Revenue, EPS Beat On Strength In HOKA, UGG Brands
Portfolio Pulse from Adam Eckert
Deckers Outdoor Corp (NYSE:DECK) reported strong Q1 earnings, with revenue and EPS beating estimates. Revenue increased 22% YoY to $825 million, and EPS rose to $4.52. HOKA and UGG brands showed significant growth, while Teva and Sanuk brands declined. The company raised its full-year 2025 earnings guidance.
July 25, 2024 | 9:07 pm
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Deckers Outdoor Corp reported better-than-expected Q1 earnings, with revenue and EPS significantly beating estimates. The strong performance of HOKA and UGG brands contributed to the positive results. The company raised its full-year 2025 earnings guidance, leading to an 8.26% increase in share price after hours.
The strong Q1 earnings report, driven by significant growth in HOKA and UGG brands, exceeded market expectations. The raised full-year 2025 earnings guidance further boosts investor confidence, resulting in an 8.26% increase in share price after hours.
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