Deckers Outdoor (DECK) Stock Plunges on Weak Full-Year Sales Outlook
Deckers Outdoor (DECK) stock tumbled 10.8% in pre-market trading after the company issued disappointing full-year sales guidance, overshadowing better-than-expected Q2 earnings. The footwear and apparel firm cited tariff impacts and consumer caution toward discretionary spending as key headwinds.
Q2 FY26 net sales ROSE 9.1% year-over-year to $1.43 billion, slightly beating estimates, driven by international growth in HOKA and UGG brands. International sales surged 29.3%, while domestic sales declined 1.7%. Wholesale channels grew 13.4%, offsetting a 0.8% dip in direct-to-consumer sales.
EPS of $1.82 outpaced consensus by 15%, but management warned of softening U.S. consumer demand amid price sensitivity. The guidance revision reflects broader macroeconomic pressures rather than company-specific execution issues.
