Home News The owner stock of Hoka and UGG, Deckers, jumps after strong profits

The owner stock of Hoka and UGG, Deckers, jumps after strong profits

by SuperiorInvest

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  • Deckers Outdoor published a strong international demand for its brands UGG and Hoka, sending higher actions.
  • The international sales of the footwear manufacturer shot almost 50%, while national sales fell almost 3%.
  • The midpoint of the current trimester of Deckers Outdoor exceeded the forecasts.

Deckers Outdoor (Deck) was the best performance stock in the S&P 500 in the morning trade when the footwear manufacturer easily exceeded earnings and sales forecasts and gave a solid guidance on a strong demand for its UGG and Hoka brand shoes abroad.

The company reported fiscal profits of the first quarter of 2026 per share (EPS) of $ 0.93, more than a third better than the average estimate of the analysts surveyed by visible Alpha. Income grew 16.9% to $ 965 million, also exceeding expectations.

Sales year after year of the Hoka brand increased 19.8% to $ 653.1 million, and UGG brand sales increased 18.9% to $ 265.1 million. However, sales of other brands fell 19% to $ 46.3 million.

International sales fired 49.7% to $ 463.3 million, while national sales decreased 2.8% to $ 501.3 million.

The Stefano Caroti CEO explained that while uncertainty remains high in the global commercial environment, “our confidence in our brands has not changed and long -term opportunities ahead are significant.”

The current EPS company of the quarter in the range of $ 1.50 to $ 1.55. The visible alpha estimate was $ 1.51.

Even with today’s profits, Deckers Outdoor shares have dropped approximately 40% in the year to date.

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