Intel surge more than 8% after chipmaker’s profits top expectations
Investing.com -- Deckers Outdoor reported Thursday better-than-expected second-quarter results, but delivered soft guidance as weaker growth in its US market suggest waning demand for its HOKA and UGG brands.
Deckers Outdoor Corporation (NYSE:DECK) fell more than 9% in recent afterhours trading following the report..
For the three months ended September 30, the footwear and apparel company reported earnings per share of $1.82 on revenue of $1.42 billion, beating Wall Street estimates of $1.59 EPS and $1.42B.
Domestic net sales fell 1.7% to $839.5M, suggesting waning demand in the company’s key market.
For fiscal 2026, the company guided EPS in a range of $6.30 to $6.39, missing estimates of $6.36. Net sales were expected to be $5.35 billion, missing estimates of $5.45B.
