Deckers Outdoor Posts Q2 Beat, Analysts Say Hoka Shoe Company Could Maintain 'Robust Growth Trajectory'
Portfolio Pulse from Priya Nigam
Deckers Outdoor Corp (NYSE:DECK) reported strong fiscal Q2 earnings, beating consensus estimates. Analysts have mixed ratings but generally see potential for continued growth, particularly in the Hoka and UGG brands. The stock rose 12.21% following the earnings report.
October 25, 2024 | 3:46 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Deckers Outdoor Corp reported strong Q2 earnings, with revenues and earnings per share beating consensus estimates. Analysts have mixed ratings but see potential for continued growth, especially in the Hoka and UGG brands. The stock rose 12.21% following the report.
Deckers Outdoor's strong Q2 earnings beat consensus estimates, leading to a 12.21% rise in stock price. Analysts highlight growth potential in Hoka and UGG brands, contributing to positive sentiment. The mixed analyst ratings suggest some caution, but overall, the news is positive for DECK's short-term stock performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100