UGG, HOKA Parent Deckers Reports Q1 Double Beat, Raises EPS Guidance — Stock Falls Anyway
Deckers Outdoor Corporation (NYSE: DECK ) shares are trading lower Friday. The company reported first-quarter financial results on Thursday after the market closed. Deckers Outdoor stock is showing weakness. What’s pulling DECK shares down? Q1 Highlights Deckers reported earnings per share of 94 cents, beating the consensus estimate of 87 cents. In addition, the company reported revenue of $1.02 billion, beating the consensus estimate of $1.01 billion. By brand, HOKA net sales increased 7.7% to $703.5 million compared to $653.1 million, UGG net sales rose 4.9% to $278.0 million compared to $265.1 million, and other brands net sales decreased 18.1% to $37.9 million compared to $46.3 million. Domestic net sales increased 3.2% to $517.4 million, while international net sales rose 8.4% to $502.1 million. Cash and cash equivalents were $1.603 billion compared to $1.720 billion a year...
Deckers Outdoor Corporation (NYSE: DECK ) shares are trading lower Friday. The company reported first-quarter financial results on Thursday after the market closed. Deckers Outdoor stock is showing weakness. What’s pulling DECK shares down?
Q1 Highlights Deckers reported earnings per share of 94 cents, beating the consensus estimate of 87 cents. 01 billion. 3 million. 1 million.
4 million. 7 billion remaining under its share repurchase authorization as of June 30. 46. 89 billion.
6% below its 200-day SMA. When price is this far under the major averages, rallies often need a clear catalyst to turn into something more than a bounce. Momentum also leans defensive: MACD is below its signal line and the histogram is negative, which suggests upside pressure is cooling versus the prior upswing. In plain terms, MACD compares faster and slower trend momentum, and being below the signal line typically means buyers are losing control unless the indicator can reclaim that baseline.
The crossover picture is mixed and helps explain the chop: the 20-day SMA is below the 50-day SMA (bearish near-term), but the 50-day SMA is still above the 200-day SMA (a golden cross that occurred in June). That combination often produces "two-way" trading—longer-term participants see a base-building story, while shorter-term traders keep selling rallies until price can reclaim the 50-day area. 24) — The stock’s trend strength is lagging, which lines up with price sitting well below its major moving averages. 43) — The fundamentals screen well on quality metrics, which can help explain why longer-term buyers may still view pullbacks as actionable.
75) — Valuation looks reasonable versus the broader market, but it’s not flashing as a deep-value setup on this model. 42) — Growth factors remain a key pillar, which can keep expectations elevated around execution and forward guidance. The Verdict: Deckers Outdoor’s Edge signal reveals a growth-and-quality story that’s currently being held back by weak momentum. For longer-term investors, that mix can be attractive if support holds and the stock starts reclaiming key moving averages, but near-term traders may stay cautious until momentum improves.
95, according to data Pro. Image via Shutterstock