UGG boot maker Deckers maintains annual sales forecast, shares down
23/07/2026 22:17
BUZZ-UGG boot maker Deckers maintains annual sales forecast, shares down ** Shares of Hoka and UGG parent Deckers Outdoor DECK.N down 3.4% at $93 in extended trading
** DECK raises annual profit forecast, betting on resilient consumer demand for its running shoes, especially in the high margin direct-to-consumer sales
** Expects EPS to be between $7.35 and $7.50 for fiscal year 2027, compared with its prior forecast of $7.30 to $7.45
** Maintains annual sales forecast
** Posts Q1 profit of 94 cents per share, vs analysts' estimate of 87 cents - data compiled by LSEG
** Q1 direct-to-consumer net sales increase 8.4%, compared with 0.5% rise a year earlier
** Median PT of 27 brokerages covering the stock is $130 - LSEG data
** Shares down about 7% YTD
(Reporting by Anshuman Tripathy)