Hoka and Ugg’s Stellar Q3 Sends Deckers Stock Soaring, Quiets Wall Street Naysayers
Yahoo Finance·2026-01-31 03:29
Were concerns over a slowdown in sales at Deckers Outdoor Corp., the parent of the Ugg and Hoka brands, overblown? If anything, third quarter results posted Thursday after the markets closed indicate there is significant global demand for both brands, giving Deckers continued runway for growth, according to company CEO Stefano Caroti. More from WWD Shares of Deckers were up more than 19 percent on Friday, closing at 119.34. In a conference call to investors after reporting earnings, Caroti said: “Globa ...