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Deckers Outdoors raises annual sales forecast on strong demand for Hoka shoes
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Deckers Outdoors raises annual sales forecast on strong demand for Hoka shoes
Oct 25, 2024 10:55 PM

Oct 24 (Reuters) - Deckers Outdoor ( DECK ) 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.

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