Deckers Outdoor Corp (DECK) Sees Positive Growth and Upgraded Stock Grade

Revenue Increase: Deckers reported a 7% increase in revenue, reaching $1.96 billion, driven by its HOKA and UGG brands.Gross Margin Improvement: Achieved a gross margin of 59.8%, surpassing expectations due to high levels of full-price selling.Full-Year Revenue Expectations Raised: Deckers raised its full-year revenue expectations to a range of$ 5.4 billion to $5.425 billion.Deckers Outdoor Corp, listed on the NYSE:DECK, is a prominent player in the footwear and apparel industry. Known for its popular brand ...