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Sector Update: Health Care
Mar 21, 2024 8:36 PM
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Deckers Outdoor shares dash ahead on surging demand for Hoka shoes
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Deckers Outdoor shares dash ahead on surging demand for Hoka shoes
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(Reuters) - Deckers Outdoor ( DECK ) shares jumped about 15% in premarket trading on Friday after the shoemaker raised its annual sales forecast and beat second-quarter expectations, on resilient demand. Trendy and innovative brands such as Hoka, UGG, New Balance and Roger Federer-backed On are a hit among consumers, especially in the running category, and has eaten into the...
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