Stock of Hoka sneaker maker Deckers soars 10% on earnings beat

Deckers Outdoor Corp.

shares rallied 10% in the aftermarket Thursday after the maker of Ugg boots and Hoka sneakers reported fiscal second-quarter results that sailed past Wall Street expectations, saying demand for its products continued to be strong. Deckers earned $179 million, or $6.82 a share, in the quarter, compared with $102 million, or $3.80 a share, in the year-ago period. Revenue rose 25% to $1.092 billion, the company said. Analysts polled by FactSet expected Deckers to report adjusted earnings of $4.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Jim Cramer's top 10 things to watch in the stock market WednesdayStock futures were trading down in the premarket as the Street digested the first of the mega-cap earnings releases.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Jim Cramer's top 10 things to watch in the stock market ThursdayStocks are set to open lower as the Street prepares for another busy day of earnings.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Stock Market News Today: Dow, Nasdaq Slip; Alphabet Stock Price FallsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Sumber: WSJ - 🏆 98. / 63 Baca lebih lajut »