Deckers Outdoors raises annual sales forecast on strong demand for Hoka shoes

Nordstrom

24/10/2024 21:39

Oct 24 (Reuters) - Deckers Outdoor  DECK.N  beat Wall
Street estimates for second-quarter results and raised its
annual sales forecast on Thursday, as its brands such as UGG
boots and Hoka running shoes continue to resonate with
customers.
    The company's shares were up 8.5% at $164.80 after the bell,
set to add to the about 35% gain so far this year.
    Deckers expects annual sales to increase 12% to $4.8
billion, from a 10% rise to $4.7 billion it previously expected.
         

  

 (Reporting by Neil J Kanatt in Bengaluru; Editing by Sriraj
Kalluvila)
 ((Neil.JKanatt@thomsonreuters.com;))