Deckers Raises Revenue Forecast from 12% to 15%! Wall Street Wanted More! Stock Plummets 15%!
Reading Time: 3 minutes
The shoe manufacturer Deckers Outdoor Corporation (DECK) published its business figures for the 3rd quarter of 2025 on Thursday, January 30, 2025, and significantly exceeded analysts' revenue and profit targets. However, this positive news was not enough to give the stock a boost; on the contrary, a slightly lower revenue forecast for the fiscal year 2025 sent the stock price down nearly 15% in after-hours trading. UGG boots and HOKA running shoes in high demand Total revenue in the 3rd quarter increased by a remarkable 17.1% year-on-year from...
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