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DECK — Deckers Outdoor News Story

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Deckers Outdoor hits nearly two-year low on downbeat FY sales forecast

Updates

** Shares of Hoka-parent Deckers Outdoor DECK.N hit lowest level in nearly two years, last down 14.4% at $87.8

 ** Co forecasts FY sales below estimates and warns tariffs will hurt demand for Hoka sneakers and UGG boots

** Co expects FY sales of about $5.35 bln, below analysts' ests. of $5.45 bln - data compiled by LSEG

** Co sees $150 mln tariff impact this year, lower than its prior expectations of $185 mln

** DECK beats quarterly profit and revenue estimates on steady wholesale and international demand

** Including sessions move, DECK stock down 49.5% YTD

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))

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