Deckers' forecast misses expectations! Tariffs and declining Hoka sales weigh on the company
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The shoe manufacturer did not provide guidance for the fiscal year 2026 due to macroeconomic uncertainties. Deckers issued a lower-than-expected outlook for the current quarter and narrowed its forecast for the fiscal year. The reasons: tariffs create additional uncertainties and the growth of the Hoka brand is slowing down. Shoe manufacturers anticipate higher costs due to tariffs The shoe manufacturer, which includes Ugg and Teva, announced on May 22, 2025, that it would not provide guidance for the fiscal year 2026 due to macroeconomic uncertainties...
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