Deckers hiked its outlook, but the stock is tumbling after a sizable run higher - MarketWatch
1. Deckers raised full-year outlook, forecasting $4.9 billion in sales. 2. Q3 sales increased 17.1% to $1.83 billion, surpassing estimates. 3. Expected earnings per share increased to $5.75-$5.80, above consensus. 4. Post-announcement, shares fell 16.8% despite a 73% annual gain. 5. UGG and Hoka brands showed strong consumer demand across regions.