HOKA, UGG Parent Deckers Outdoor Stock Rallies 15% After Q1 Report: Here's Why
1. DECK reported Q1 earnings of 93 cents per share, exceeding estimates. 2. Quarterly revenue reached $964.5 million, beating expectations of $902.08 million. 3. Net sales increased 16.9% YoY, showcasing strong brand performance. 4. HOKA and UGG brands saw significant growth in sales this quarter. 5. Outlook for Q2 estimates EPS range of $1.50 to $1.55, slightly below consensus.